Arthur J Gallagher

Small broking houses have to change: Gallagher CEO

In the wake of major consolidation in the broking market, the “survival days” for small, non-specialist insurance brokers are limited, according to Patrick Gallagher, group chief executive of broker Gallagher.

Aviation market tightens cover as Q2 claims burden builds

Aviation underwriters appear to be tightening the terms of cover in the context of a testing claims experience in the first half of 2019, according to Gallagher.

Gallagher wins prestige Indonesian SKK Migas account from rival Marsh

Gallagher’s London-based energy team has trumped rivals Marsh, Aon and Willis for the flagship South East Asian SKK Migas energy account, The Insurer can reveal.

Gallagher takes minority stake in Czech broker Renomia

Gallagher has purchased a minority stake in Czech-domiciled insurance broker Renomia for an undisclosed sum.

Former JLT US aviation executives decline Gallagher move

Three former senior aviation executives at JLT are understood to have declined an offer to join rival broking house Gallagher following the £190mn transfer of JLT’s aerospace business to the Illinois-headquartered firm, The Insurer understands.

Gallagher completes JLT Aerospace takeover

Arthur J Gallagher has completed its £190mn ($240.1mn) acquisition of JLT’s global aviation business.

Beware the consequences of the litigation genie…

In July, Judge Freedman will deliver his decision in the infamous poaching dispute between Gallagher and the Ardonagh subsidiaries in the UK High Court. It is a legal battle that has gripped observers of the London market with its revelations of a secret six-figure loan, offensive emails, clandestine meetings and feuding companies.

Chad to leave JLT Aerospace ahead of Gallagher takeover

Senior aviation executive Marcel Chad is understood to have signalled his intention to exit JLT ahead of the planned £190mn transfer of JLT Aerospace to rival broking house Gallagher, The Insurer can reveal.

EC poised to approve £190mn JLT Aerospace deal to Gallagher

Gallagher will shortly become a tier one aviation intermediary with its agreed £190mn acquisition of JLT’s aerospace division approved by the European Commission.

Fatt takes up lead construction role at Gallagher

Broker Gallagher has promoted Stuart Fatt from head of international construction to managing partner of the business unit.

Burton pays back controversial £625,000 Ardonagh loan

Former Alesco broker Peter Burton has recently paid back the controversial offshore £625,000 loan from an offshore company that was sanctioned by the CEO of UK broker Ardonagh Group ahead of the energy specialist resigning to join the company.

AJG’s organic broking revenues up 5.7% in Q1

Arthur J Gallagher (AJG) narrowly beat Wall Street earnings expectations in the first quarter, as it posted strong organic growth and higher margins in broking and risk management.

Gallagher names Thompson CEO of UK specialty and wholesale

Broker Gallagher has named John Thompson as chief executive officer of its UK specialty London market and wholesale businesses, a position he has held on an interim basis since September 2018.

Premiership Rugby to maintain Gallagher sponsorship despite racism row

Premiership Rugby has said it will not end a sponsorship deal with Gallagher following calls for the rugby organisation to sever ties with the broking-giant after its UK boss made an offensive comment about the heritage of a departing employee.

Premiership Rugby urged to sever ties with Gallagher over racism row

British MP and leader of the Liberal Democrats Sir Vince Cable has urged Premiership Rugby to end a sponsorship deal with broking-giant Gallagher, after its UK boss made an offensive comment about the heritage of a departing employee.

Ross denies attempt to hire “unemployable” Matson

As the ongoing legal battle between Gallagher and the Ardonagh Group continues, the latter’s CEO David Ross denied any attempts to recruit Gallagher’s Simon Matson, describing how the terms of his contact rendered the executive “unemployable”.

Gallagher appoints cyber practice leader from Hub

John Farley has joined Gallagher as managing director and leader of the US broker’s cyber practice.

David Ross: Gallagher cliff-vest loan was “morally bankrupt”

Ardonagh Group CEO David Ross hit out at his former employer Gallagher in the Royal Court on Monday calling its offer of a £1mn “cliff-vest” loan to its own senior broker Peter Burton as “morally bankrupt”.

Gallagher vs Ardonagh: Chilton weighs in on “underhand tactics”

As the war of words continues between Gallagher’s London wholesaler Alesco and subsidiaries of the Ardonagh Group, industry heavyweight and former Gallagher UK CEO Grahame ‘Chily’ Chilton said he was both “shocked” and “surprised” that two employees would pass over sensitive information to rival firms.