AJG - Arthur J. Gallagher & Co.

NYSE - NYSE Delayed Price. Currency in USD

Arthur J. Gallagher & Co.

Two Pierce Place
Itasca, IL 60143
United States
630-773-3800
http://www.ajg.com

SectorFinancial
IndustryInsurance Brokers
Full Time Employees24,790

Key Executives

NameTitlePayExercisedAge
Mr. Douglas K. HowellChief Financial Officer and Corp. VP2.7M286.91k55
Mr. James W. Durkin Jr.Chairman of Employee Benefits Consulting & Brokerage Operation and Corp. VP2.34MN/A67
Mr. James S. GaultChairman of Global Retail Property/Casualty Brokerage Operation and Corp. VP2.52M484.42k65
Patrick M. GallagherExec. VP of Midwest Region4.35M516.9kN/A
Mr. Thomas Joseph GallagherCEO of Global Retail Property/Casualty Brokerage Operation and Corp. VP3.99M165.12k58
Amounts are as of December 31, 2016 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 and risk management services in the United States and internationally. Its Brokerage segment consists of retail and wholesale insurance brokerage operations. The company’s retail brokerage operations negotiate and place property/casualty, employer-provided health and welfare insurance, and healthcare exchange and retirement solutions primarily for middle-market commercial, industrial, public entity, religious, and not-for-profit entities. This segment’s wholesale brokerage operations assist 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 company’s Risk Management segment offers contract claim settlement and administration services for enterprises that choose to self-insure their property/casualty coverages; and for insurance companies that choose to outsource their property/casualty claims departments. This segment also offers integrated disability management programs, as well as information, risk control consulting, and appraisal services. The company offers its services through a network of insurance brokers and consultants to various commercial, industrial, institutional, and governmental organizations. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Itasca, Illinois.

Corporate Governance

Arthur J. Gallagher & Co.’s ISS Governance QualityScore as of October 15, 2017 is 4. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 5; 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.