AJG 📈 Arthur J Gallagher - Overview

Arthur J. Gallagher & Co. is a global leader in the insurance industry, providing a wide range of services to entities and individuals worldwide. The company operates through two main segments: Brokerage and Risk Management.

The Brokerage segment is a one-stop-shop for all insurance needs, offering retail and wholesale insurance and reinsurance brokerage services. It assists retail brokers and other non-affiliated brokers in placing 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 is responsible for marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance. Additionally, it provides services in insurance and reinsurance placement, risk of loss management, and management of employer-sponsored benefit programs.

The Risk Management segment focuses on providing contract claim settlement and administration services, as well as claims management, loss control consulting, and insurance property appraisal services. This segment helps clients navigate the complex process of claims management, ensuring that they receive fair settlements and minimizing the risk of loss.

Arthur J. Gallagher & Co. has an extensive network of correspondent brokers and consultants, allowing it to serve a diverse range of clients, including commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. With a rich history dating back to 1927, the company is headquartered in Rolling Meadows, Illinois, and has established itself as a trusted partner for insurance and risk management solutions.

For more information, please visit their website at https://www.ajg.com.