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Arthur J. Gallagher & Co. (AJG)

NYSE - Nasdaq Real-time price. Currency in USD
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152.45-0.73 (-0.48%)
As of 11:08AM EST. Market open.

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 employees32,401

Key executives

NameTitlePayExercisedYear born
Mr. J. Patrick Gallagher Jr.Chairman, Pres & CEO7.44M7.23M1952
Mr. Douglas K. HowellCorp. VP & CFO3.19M5.23M1962
Mr. Walter D. BayCorp. VP, Gen. Counsel & Sec.2.38M920.6k1963
Mr. Thomas Joseph GallagherCorp. VP and Pres of Global Property & Casualty Brokerage Operation3.13M1.49M1959
Mr. Scott R. HudsonCorp. VP & Pres of Risk Management Operation2.48M1.46M1962
Mr. David R. LongVPN/AN/A1952
Mr. Richard C. CaryChief Accounting Officer & ControllerN/AN/A1963
Mr. Sean P. ConnellyGlobal Chief Information Officer and Corp. VPN/AN/A1967
Mr. Raymond IardellaVP of Investor RelationsN/AN/AN/A
Ms. Linda J. CollinsVP of Corp. CommunicationsN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes 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 brokerage, consulting, and third party claims settlement and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. Its Brokerage segment consists of retail and wholesale insurance brokerage operations. It offers brokerage and consulting services to businesses and organizations, including commercial, not-for-profit, and public entities, as well as individuals in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. This segment also assist retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; acts as a brokerage wholesaler, and managing general agent or managing general underwriter distributing specialized insurance coverage's for underwriting enterprises; and performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance. The company's Risk Management segment provides contract claim settlement and administration services for enterprises and public entities; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent insurance brokers and consultants. It serves commercial, industrial, public entity, religious, and not-for-profit entities. 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 26 September 2021 is 5. The pillar scores are Audit: 3; Board: 6; Shareholder rights: 5; Compensation: 5.

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 10 indicates higher governance risk.