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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.
Gallagher's recent survey reveals significant concerns among U.S. business owners about their insurance coverage for unforeseen events. Key findings include: 91% worry about extreme weather, 69% about cyber-attacks (though only 32% have coverage), 68% about supply chain disruptions, and 63% about U.S. election impacts. The study also highlights AI investment trends, with 81% planning to maintain or increase AI investments in 2024. However, risks like data exposure and regulatory issues are prevalent. Notably, 80% of businesses experienced financial growth in the past year, and nearly all have implemented risk management strategies. Talent attraction and retention remain crucial, with 86% concerned about this internal factor.
Arthur J. Gallagher & Co. (NYSE: AJG) will host its quarterly management meeting on June 25, 2024, from 8:00 a.m. to 10:30 a.m. CT. The virtual conference call will feature presentations on the company's business operations and financial outlook, followed by a Q&A session. The live broadcast and replay will be accessible via the company's website. Supporting materials will be available at 7:45 a.m. CT on the same day. Arthur J. Gallagher & Co. is a global insurance brokerage and consulting firm active in 130 countries.
Arthur J. Gallagher & Co. announced the acquisition of Wrightway Underwriting , a managing general agent specializing in motor and liability coverages for the haulage and fleet sector in Ireland. The terms of the deal were not disclosed. Wrightway will now operate under Gallagher's subsidiary, Pen Underwriting, with David Crean continuing to lead the team, alongside Linda Roberts and Mary Lyons. The acquisition aims to enhance Gallagher's capabilities and provide growth opportunities within the Irish market. Arthur J. Gallagher & Co. is a global insurance brokerage and consulting services firm headquartered in Rolling Meadows, Illinois, operating in around 130 countries.
Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of Crawford Insurance, a Pittsburgh-based retail insurance agency specializing in property/casualty products for commercial and personal lines in Pennsylvania, South Carolina, and Virginia. Terms of the deal were not disclosed. Crawford Insurance, a multi-generation family business, will continue operations under the direction of Sean Gallagher, head of Gallagher's Great Lakes region. CEO J. Patrick Gallagher Jr. praised Crawford Insurance's market expertise and client service commitment. AJG operates globally in 130 countries and provides insurance brokerage, risk management, and consulting services.
Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of CCI Surety, Inc., a managing general underwriter specializing in wholesale contract and commercial surety bonds. The acquisition is part of Gallagher's U.S. wholesale brokerage division, Risk Placement Services, Inc. (RPS). The terms of the transaction were not disclosed. CCI Surety, founded by Michael Williams and led by Jeremy Crawford, will continue to operate from Golden Valley, Minnesota under the direction of Matt Lynch. This strategic move aims to expand RPS's product offerings in the wholesale surety market.
J. Patrick Gallagher, Jr., Chairman and CEO of Gallagher, expressed his satisfaction with the acquisition, highlighting the alignment with the company's growth strategy. Gallagher operates in approximately 130 countries, offering insurance brokerage, risk management, and consulting services.
Arthur J. Gallagher & Co. has acquired Acumen Advisors, Inc., a Cedar Rapids-based employee benefits consultant, expanding their offerings in the Midwest region. The terms of the acquisition were not disclosed. The team at Acumen will continue operations under Gallagher's Midwest region employee benefits consulting head, Tom Lannen.
Arthur J. Gallagher & Co. announced the acquisition of Health Insurance Consultants Australia, a specialist health insurance consultancy and brokerage firm based in Melbourne, Victoria. The terms of the transaction were not disclosed. The acquisition will enhance Gallagher's benefits consulting capabilities in Australia. HICA's founder, Suzanne Still, and her team will continue to operate under Gallagher's direction. This move strengthens Gallagher's global presence and commitment to growth.
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