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Arthur J Gallagher & Co. (AJG)

44.62 0.73(1.66%) Oct 17, 4:03PM EDT
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Arthur J Gallagher & Co.
Two Pierce Place
Itasca, IL 60143
United States - Map
Phone: 630-773-3800
Fax: 630-285-4000

Index Membership:N/A
Industry:Insurance Brokers
Full Time Employees:16,336

Business Summary 

Arthur J. Gallagher & Co. and its subsidiaries provide insurance brokerage and risk management services to various commercial, industrial, institutional, and governmental organizations. It operates in two segments, Brokerage and Risk Management. The Brokerage segment primarily consists of retail and wholesale brokerage operations. Its retail brokerage operations negotiate and place property/casualty, employer-provided health and welfare insurance, and retirement solutions primarily for middle-market commercial, industrial, public entity, religious, and not-for-profit entities. This segment’s wholesale brokerage operations assist company’s brokers, and other unaffiliated brokers and agents in the placement of specialized and hard to place insurance programs. It also acts as a brokerage wholesaler, and managing general agent or managing general underwriter distributing specialized insurance coverages for insurance carriers; and performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance. The Risk Management segment offers contract claim settlement and administration services for enterprises that choose to self-insure some or all of their property/casualty coverages, and for insurance companies that choose to outsource some or all of their property/casualty claims departments. This segment also offers integrated disability management programs, information services, risk control consulting (loss control) services, and appraisal services. The company provides its services through a network of insurance brokers and consultants. It operates primarily in the United States, Australia, Bermuda, New Zealand, Canada, and the United Kingdom. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Itasca, Illinois.

Key Statistics

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Corporate Governance 
Arthur J Gallagher & Co.’s ISS Governance QuickScore as of Oct 1, 2014 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. J. Patrick Gallagher Jr., 62
Exec. Chairman, Chief Exec. Officer and Pres
Mr. Douglas K. Howell , 53
Chief Financial Officer and Corp. VP
Mr. James W. Durkin Jr., 64
Corp. VP and Pres of Employee Benefit Consulting & Brokerage
Mr. Thomas Joseph Gallagher , 55
Corp. VP and Chairman of International Brokerage Operation
Mr. James S. Gault , 62
Corp. VP and Pres of Retail Property/Casualty & International Brokerage
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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