GALLAGHER(ARTHUR J.)& CO
Arthur J. Gallagher & Co., commonly known as Gallagher, is a global insurance brokerage and risk management services firm headquartered in Rolling Meadows, Illinois. The company was founded in 1927 and has grown to become one of the largest insurance brokers in the world, with operations in more than 50 countries.
Gallagher's primary business segments include brokerage, risk management, and corporate. The brokerage segment provides a range of insurance products and services to businesses and individuals, while the risk management segment focuses on helping businesses identify, manage, and mitigate risk. The corporate segment provides support services to Gallagher's other business segments.
One of the key strengths of Gallagher is their focus on client service. The company prides itself on providing excellent customer service to its clients, which helps to build strong, long-lasting relationships with its customers. This approach has earned Gallagher a reputation as a trusted partner in the insurance industry.
In addition to their focus on client service, Gallagher also places a strong emphasis on innovation. The company invests heavily in research and development, with a focus on developing new products and services that can help their clients mitigate risk and protect their assets. This approach has allowed Gallagher to stay at the forefront of the rapidly-evolving insurance industry.
Financially, Gallagher has a strong track record of growth and profitability. The company reported revenue of $7.2 billion in 2020, an increase of 5.5% over the previous year. Net income for the same period was $1 billion, an increase of 10.6% over the previous year.
Arthur J. Gallagher & Co. is a global insurance brokerage and risk management services firm that prides itself on its commitment to client service and innovation. The company's extensive portfolio of insurance products and services, combined with their strong financial performance, make them a trusted partner for businesses and individuals seeking to protect their assets and mitigate risk. With their extensive experience and investment in R&D, Gallagher is well-positioned to continue to grow and succeed in the years ahead.