Arthur J. Gallagher & Co. reports developments tied to its global insurance brokerage, risk management and consulting services business. Company news commonly covers quarterly financial results, dividend declarations, acquisition activity, and updates from its brokerage and risk management operations across owned offices and correspondent broker and consultant networks in approximately 130 countries.
Recurring updates also include product and service initiatives such as Gallagher Blueprint, which combines AI-driven analytics, proprietary data and specialist expertise for client risk profiles and insurance program planning. Gallagher news also covers research on business risk topics, acquisition integration, and additions to retail brokerage, employee benefits, HR consulting and wealth management capabilities in markets such as Australia.
Arthur J. Gallagher & Co. (NYSE:AJG) has acquired Statewide Commercial Insurance Brokers, an Altadena, California-based retail property/casualty insurance agency. The acquired company specializes in construction contractors for commercial clients across California and other U.S. states.
Led by Lana Matar, the team will maintain their current location under Scott Firestone's direction, who heads Gallagher's Southwest region retail property/casualty brokerage operations. The financial terms of the acquisition were not disclosed.
The acquisition strengthens Gallagher's retail brokerage capabilities in Southern California, adding specialized expertise to their existing operations which span approximately 130 countries through owned operations and correspondent networks.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Adept Benefits, a health and benefits consulting firm based in Snoqualmie, Washington. The acquired company serves clients in the greater Seattle area and will strengthen Gallagher's benefits consulting presence in the Pacific Northwest.
Under the agreement, Megan Narrance and her team will continue operating from their current location, reporting to Charlie Isaacs, who leads Gallagher's West region employee benefits consulting operations. The financial terms of the transaction were not disclosed.
Gallagher, headquartered in Rolling Meadows, Illinois, operates as a global insurance brokerage, risk management, and consulting services firm, with operations in approximately 130 countries worldwide.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Filos Agency, a Long Beach, New York-based retail property/casualty insurance agency. The acquired company serves New York area businesses and individuals, with Thomas Costantakos and team continuing operations from their current location under Gallagher Agency Alliance. They will report to Jen Tadin, head of Gallagher Select.
The acquisition strengthens Gallagher's small business capabilities, with Filos Agency known for strong client service in local communities. Gallagher Agency Alliance specializes in partnering with agencies focused on small business property/casualty insurance and employee benefits. Operating in approximately 130 countries, Gallagher provides insurance brokerage, risk management, and consulting services globally.
Valmont Industries (NYSE: VMI) has appointed Deborah Caplan to its Board of Directors, expanding the board to eleven members. Caplan brings extensive experience from her role as Executive Vice President of HR & Corporate Services at NextEra Energy, where she led workforce initiatives for a $170 billion market cap clean energy company. Her background includes leadership positions at Florida Power & Light, General Electric Company, and GE Capital. She currently serves on the boards of Arthur J. Gallager & Co. and Mid-America Apartment Communities. Caplan holds degrees in aerospace and manufacturing engineering and is a certified Six Sigma Master Black Belt.
Arthur J. Gallagher & Co. (NYSE:AJG) has acquired Via Financial Group Pty , a Sydney-based firm providing financial planning, wealth management, and life risk advisory services across multiple Australian offices. The Via Financial team, including Matthew Read, Daniel Burden, Peter Kirby, Ben Davis, Robert Wilson, and Sam Haydon, will join Gallagher's Australian operations under Graham Campbell, who heads the employee benefits and HR consulting division. The acquisition aims to complement Gallagher's existing benefits consulting operations in Australia. Financial terms were not disclosed.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced the acquisition of Redington , a London-based investment consulting firm. Redington specializes in providing comprehensive investment, research, and technology services to pension funds, wealth managers, and institutional investor clients, primarily in the UK market.
The acquisition will enhance Gallagher's existing consulting services with Redington's expertise in modeling and investment market research. Sylvia Pozezanac and her team will continue operations from their current location, reporting to David Piltz, who heads Gallagher's UK employee benefits and HR consulting operations. The financial terms of the transaction were not disclosed.
Arthur J. Gallagher & Co. (AJG) reported strong Q3 2024 financial results. Total revenues increased 13% to $2.77 billion, with organic revenue growth of 6%. Net earnings grew 12% to $314.1 million, while adjusted EBITDAC margin expanded by 123 basis points. The company completed 4 new mergers during the quarter. For the first nine months of 2024, revenues increased 16%, organic growth was 8%, net earnings rose 19%, and adjusted EPS grew 17%. The company noted that global Q3 renewal premium increases remained stable, with recent U.S. hurricanes not yet significantly impacting insurance pricing in October.
Arthur J. Gallagher (NYSE: AJG) has declared a regular quarterly cash dividend of $0.60 per share on its Common Stock. The dividend will be payable on December 20, 2024 to stockholders of record as of December 6, 2024. The company operates as a global insurance brokerage, risk management, and consulting services firm, with operations in approximately 130 countries through owned operations and a network of correspondent brokers and consultants.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced the release date for its third quarter 2024 earnings. The company will publish its financial results after market close on Thursday, October 24, 2024. Following the release, Chairman and CEO J. Patrick Gallagher, Jr. will host a conference call at 5:15 pm ET/4:15 pm CT on the same day.
The conference call will be broadcast live on the company's website at www.ajg.com. A replay of the call will be available approximately two hours after the broadcast in the Investor Relations section under Events & Presentations. Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in about 130 countries worldwide.
Arthur J. Gallagher & Co. has announced that its subsidiary, Artex, has acquired Risk International, a Fairlawn, Ohio-based company providing outsourced risk management and employee benefits advisory services. The acquisition, completed on October 2, 2024, aims to strengthen Artex's strategic position and growth opportunities in North America.
Risk International's team, led by Todd Miller and Todd Lawrence, will continue to operate from their current location under the direction of Jennifer Gallagher, head of Artex's North American operations. The move is expected to enhance Gallagher's expertise in advisory services and expand its client relationships.
J. Patrick Gallagher, Jr., Chairman and CEO, expressed enthusiasm about welcoming the Risk International team to the Gallagher family. Arthur J. Gallagher & Co. (NYSE:AJG) is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries worldwide.