Arthur J. Gallagher & Co. (AJG)

124.11 +3.55 (+2.94%) At close: 4:04PM EST

Arthur J. Gallagher & Co.

2850 Golf Road
Rolling Meadows, IL 60008-4050
United States
630-773-3800
http://www.ajg.com

Sector(s): Financial Services
Industry: Insurance Brokers
Full Time Employees: 32,401

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. J. Patrick Gallagher Jr.	Chairman, Pres & CEO	6.27M	1.54M	1952
Mr. Douglas K. Howell	Corp. VP & CFO	3.37M	592.35k	1962
Mr. Walter D. Bay	Corp. VP, Gen. Counsel & Sec.	2.5M	3.15M	1963
Mr. Thomas Joseph Gallagher	Corp. VP and Pres of Global Property & Casualty Brokerage Operation	3.25M	N/A	1959
Mr. Scott R. Hudson	Corp. VP & Pres of Risk Management Operation	2.45M	441.46k	1962
Mr. David R. Long	VP	N/A	N/A	1952
Mr. Richard C. Cary	Chief Accounting Officer & Controller	N/A	N/A	1963
Mr. Sean P. Connelly	Global Chief Information Officer and Corp. VP	N/A	N/A	1967
Mr. Raymond Iardella	VP of Investor Relations	N/A	N/A	N/A
Ms. Linda J. Collins	VP of Corp. Communications	N/A	N/A	N/A

Amounts are as of December 31, 2019 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.

Description

Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, and third party claims settlement and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. Its Brokerage segment consists of retail and wholesale insurance brokerage operations. It offers brokerage and consulting services to businesses and organizations, including commercial, not-for-profit, and public entities, as well as individuals in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. This segment also assist retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; acts as a brokerage wholesaler, and managing general agent or managing general underwriter distributing specialized insurance coverage's for underwriting enterprises; and performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance. The company's Risk Management segment provides contract claim settlement and administration services for enterprises and public entities; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent insurance brokers and consultants. It serves commercial, industrial, public entity, religious, and not-for-profit entities. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Rolling Meadows, Illinois.

Corporate Governance

Arthur J. Gallagher & Co.’s ISS Governance QualityScore as of December 3, 2020 is 3. The pillar scores are Audit: 3; Board: 5; Shareholder Rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.