Arthur J Gallagher

Gallagher acquires Iowa-based retail agency Horak

Arthur J Gallagher has acquired Washington, Iowa-based Horak Insurance, a retail P&C insurance agency serving commercial and personal lines clients, as well as farms, in its home state.

Gallagher’s RPS acquires Louisiana-based Forest Insurance Facilities

Arthur J Gallagher-owned wholesaler Risk Placement Services has bolstered its footprint in Louisiana with the acquisition of Forest Insurance Facilities.

KBW “nervous” about Gallagher’s slowing organic growth

Keefe Bruyette & Woods analyst Meyer Shields has commented that he is “nervous” about Arthur J Gallagher’s slowing organic growth following the release of its Q4 results, with investors also responding by sending the broker’s share price down on Friday.

Gallagher Re, RPS both post 12% organic growth in Q4 with UK specialty up 16%

Gallagher Re and wholesale intermediary Risk Placement Services (RPS) both grew organic revenues by 12 percent in the fourth quarter, while the firm’s UK Specialty segment grew organic revenues by 16 percent, Pat Gallagher disclosed Thursday.

Gallagher brokerage organic slows to 7.2% in Q4, Ebitdac margin +50bps

Arthur J Gallagher’s brokerage organic revenue growth moderated in 2023’s fourth quarter to 7.2 percent from the third quarter’s 9.3 percent and Q2’s 9.7 percent growth as the unit’s Ebitdac margin expanded 50 basis points to 31.6 percent.

Making the smart transition in your ESG strategy

Gallagher Specialty’s James Bosley outlines why insurance is critical to fulfilling the ambitious energy transition commitments unveiled at COP28.

The era of record SCS loss: the broker perspective

Alexandra Glickman, Martha Bane and Robby Kunz from Gallagher Global Brokerage underline the risk mitigation strategies that insureds and insurers alike should consider in light of record-high losses from severe convective storms.

Gallagher acquires New Hampshire-based The Rowley Agency

Arthur J Gallagher has acquired Concord, New Hampshire-based The Rowley Agency, a retail insurance broker providing property/casualty, surety and employee benefits products to commercial and personal lines clients.

Gallagher bolsters public sector practice with MC Mutual acquisition

Gallagher has continued the build-out of its public sector and education practice in the UK with the acquisition of MC Mutual Management Services Limited.

Global M&A at lowest level since 2013 but “promising” Q4 points to 2024 rebound: Gallagher

Global deal-making fell to its lowest level since 2013 at the end of Q3 2023, but a promising spike in new enquiries in the fourth quarter has provided optimism for a return to higher levels of M&A activity in 2024, according to a new report from Gallagher Specialty.

Gallagher: Management liability carriers look to limit healthcare antitrust/regulatory exposures

Healthcare organisations will face carriers trying to limit certain exposures such as antitrust and regulatory matters this year, Gallagher has commented in a new report on the healthcare market that also highlights some headwinds for the hospital professional liability market.

Gallagher expands broking operations in Germany with Köberich acquisition

Gallagher has expanded its presence in continental Europe with the acquisition of Cologne, Germany-based specialty broker Köberich Financial Lines.

Space market set for capacity contraction in 2024: Gallagher’s Elson

Space insurance capacity is set to contract in 2024 as the market digests around $826mn of losses from the second half of last year, according to Gallagher Specialty’s aerospace CEO Peter Elson.

Gallagher confirms AIG’s Loesti as CCO of European broking operations

Gallagher has confirmed the appointment of Nepomuk Loesti to the newly created role of chief commercial officer of its European broking operations.

Aviation underwriters’ rating resolve is “wavering”: Gallagher’s Stafford

General aviation underwriters’ resolve to maintain current rating levels is “wavering” after a significant influx of capacity and a broadly benign loss experience in 2023, according to Gallagher Specialty’s senior partner for aerospace, Philip Stafford.

Gallagher Re names Sammons UK aerospace head

Gallagher Re has appointed Hamilton Re’s Richard Sammons as head of aerospace for its UK business.

Marine underwriters – the innovators of the London market?

Although regarded as the most traditional form of insurance due to its foundational role in the London market, insurers in the marine class are increasingly embracing technological change with the advent of algorithmic and automatic follow capacity, Gallagher’s Mike Ingham has argued.

Potential hull market softening, but don’t underestimate large war claims: Gallagher

Marine hull and machinery underwriters are broadly maintaining discipline in the final days before “fairly flat” renewals, with the market environment continuing to indicate benign conditions despite growing hotspots of political exposures, according to Gallagher’s Mike Ingham.

RPS names Kevin Doyle CEO with longtime president Cavaness staying on as chairman

AJ Gallagher-owned wholesaler Risk Placement Services (RPS) has picked Kevin Doyle to become the firm’s new CEO in the new year, with longtime president Joel Cavaness moving to become chairman, effective 1 January, The Insurer can reveal.