AJG 📈 Arthur J Gallagher - Overview

Arthur J. Gallagher & Co. is a global provider of insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services, catering to a diverse range of clients worldwide, including commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. The company's operations are divided into two primary segments: Brokerage and Risk Management. The Brokerage segment delivers retail and wholesale insurance and reinsurance brokerage services, facilitating the placement of specialized and hard-to-place insurance, and acting as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises.

The company's Brokerage segment performs a wide range of activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance. Additionally, this segment offers services in areas such as insurance and reinsurance placement, risk of loss management, and management of employer-sponsored benefit programs, enabling clients to effectively manage their risk exposure and optimize their insurance coverage. By leveraging its extensive network of correspondent brokers and consultants, Arthur J. Gallagher & Co. is able to provide its clients with access to a broad range of insurance products and services, tailored to meet their specific needs and requirements.

The Risk Management segment of Arthur J. Gallagher & Co. provides contract claim settlement and administration services, as well as claims management, loss control consulting, and insurance property appraisal services. This segment plays a critical role in helping clients to manage and mitigate their risk exposure, by providing expert guidance and support in areas such as claims handling, loss prevention, and risk assessment. With a strong focus on delivering high-quality services and building long-term relationships with its clients, Arthur J. Gallagher & Co. has established itself as a trusted and reliable partner in the insurance and reinsurance industry, with a reputation for excellence and a commitment to delivering exceptional results.

Founded in 1927 and headquartered in Rolling Meadows, Illinois, Arthur J. Gallagher & Co. has a long history of providing innovative insurance and reinsurance solutions to its clients, and has evolved over the years to become one of the leading global providers of insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services. With a strong online presence, including its website at https://www.ajg.com, and a listing on the New York Stock Exchange (NYSE) under the ticker symbol AJG, the company is well-positioned to continue delivering value to its clients and stakeholders, while maintaining its commitment to excellence and integrity in all aspects of its business.