Welcome to our dedicated page for Arthur J. Gallagher & Co news (Ticker: AJG), a resource for investors and traders seeking the latest updates and insights on Arthur J. Gallagher & Co stock.
Arthur J. Gallagher & Co. (NYSE: AJG) is a global leader in insurance brokerage and risk management services, serving clients across 130+ countries. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, strategic initiatives, and market positioning.
Access timely AJG press releases covering earnings reports, merger & acquisition activity, leadership changes, and regulatory filings. Our curated collection simplifies tracking of the company’s expansion in wholesale brokerage, employee benefits consulting, and specialty risk solutions.
Key updates include operational milestones, partnership announcements, and industry recognition relevant to Gallagher’s core segments: retail/wholesale brokerage, risk management services, and consulting operations. Stay informed about strategic acquisitions that enhance the company’s global capabilities in property/casualty insurance and alternative risk transfer markets.
Bookmark this page for direct access to primary source materials and analysis-neutral reporting on AJG’s financial performance and corporate governance. Regularly updated to serve as your definitive resource for understanding Gallagher’s market position in the evolving insurance sector.
Arthur J. Gallagher & Co. (NYSE: AJG) plans to release its fourth quarter 2022 earnings after market close on January 26, 2023. Following the earnings announcement, Patrick Gallagher, Jr., Chairman, President and CEO, will host a conference call at 5:15 pm ET. This call will be accessible via Gallagher's website, with a replay available two hours post-broadcast. Gallagher operates in approximately 130 countries, providing insurance brokerage and risk management services globally.
Arthur J. Gallagher & Co. announced the acquisition of Corporate Insurance Analysts, Inc. (MGC Group) and The Agents Association of FB Companies (AAFBC) on January 4, 2023. The terms of the transaction were not disclosed. MGC Group and AAFBC provide guaranteed issue group insurance benefits for independent contractors across various U.S. states. The acquisition aims to enhance Gallagher's Affinity product offerings. John Matthews and his team will operate under Kevin Garvin, head of Affinity North America. Gallagher serves clients in around 130 countries.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced an agreement to acquire BCHR Holdings, L.P. (dba Buck) for a total consideration of $660 million. The acquisition is expected to close in the first half of 2023, pending regulatory approvals. Buck, with over 2,300 employees, specializes in retirement and employee benefits consulting. This move aims to enhance Gallagher's suite of services and is projected to be 2% accretive to adjusted diluted earnings per share. Key benefits include expanding Gallagher's offerings in HR consulting and technology.
Arthur J. Gallagher & Co. announced the acquisition of NEK Insurance, Inc., a California-based retail insurance agency specializing in property/casualty coverage for daycare centers, schools, and small contractors. This acquisition, which was disclosed on December 19, 2022, is expected to enhance Gallagher's existing operations in San Francisco by providing significant cross-selling opportunities. The terms of the transaction remain undisclosed. The NEK team, led by Kevin Bruns, Jennifer Sylvestri, and Kyle Peterson, will join Gallagher's San Francisco branch.
Arthur J. Gallagher & Co. announced the acquisition of Global Financial Brokers Limited and its affiliate Total Benefits Specialists Limited, based in Trinidad and Tobago, on December 7, 2022. Founded in 1995, Global Financial Brokers specializes in retail insurance, providing health, life, pension, and wellness solutions. This acquisition aims to enhance Gallagher's growth and presence in the Caribbean market. Key team members will continue under the leadership of Gallagher Caribbean's Group CEO, Michael Thornhill. The terms of the transaction remain undisclosed.
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