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Arthur J. Gallagher & Co. (AJG)

NYSE - NYSE Delayed Price. Currency in USD
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250.04+2.25 (+0.91%)
At close: 04:00PM EDT
249.00 -1.04 (-0.42%)
After hours: 06:25PM EDT

Arthur J. Gallagher & Co.

2850 Golf Road
Rolling Meadows, IL 60008-4050
United States
630 773 3800
https://www.ajg.com

Sector(s)Financial Services
IndustryInsurance Brokers
Full Time Employees52,000

Key Executives

NameTitlePayExercisedYear Born
Mr. J. Patrick Gallagher Jr.Chairman & CEO10.08M9.43M1952
Mr. Thomas Joseph GallagherPresident5.23M3.68M1959
Mr. Walter D. BayCorporate VP, General Counsel & Secretary3.41M3.82M1963
Mr. Patrick M. GallagherExecutive VP & COON/AN/A1980
Mr. David R. LongVice PresidentN/AN/A1952
Mr. Richard C. CaryChief Accounting Officer & ControllerN/AN/A1963
Mr. Mark H. BloomCorporate VP & Global Chief Information OfficerN/AN/A1964
Mr. Raymond IardellaVice President of Investor RelationsN/AN/AN/A
Ms. Linda J. CollinsVice President of Corporate CommunicationsN/AN/AN/A
Mr. Christopher E. MeadCorporate VP & Chief Marketing OfficerN/AN/A1968
Amounts are as of December 31, 2023 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 and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. This segment performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Rolling Meadows, Illinois.

Corporate Governance

Arthur J. Gallagher & Co.’s ISS Governance QualityScore as of March 1, 2024 is 6. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 5; Compensation: 7.

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.