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Arthur J. Gallagher & Co. Acquires Litchfield Special Risks, Inc.
Prnewswire· 2025-03-24 13:00
Core Insights - Arthur J. Gallagher & Co. has acquired Litchfield Special Risks, Inc. (LSR), a wholesale insurance broker based in El Paso, Texas, enhancing its capabilities in the transportation and property/casualty sectors [1][2][3] Company Overview - LSR specializes in providing transportation and property/casualty solutions for retail agents in Texas and the Southwest US [2] - Bill Brenton and his team will continue operations at their current location under the leadership of Ash Thomas, VP-Western Region for Risk Placement Services, Inc. (RPS) [2] Strategic Implications - The acquisition is expected to leverage LSR's market reputation and niche expertise in transportation, thereby expanding RPS's capabilities in Texas [3] - J. Patrick Gallagher, Jr., Chairman and CEO of Arthur J. Gallagher & Co., expressed enthusiasm about integrating LSR's team into their operations [3] Company Profile - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3]
Arthur J. Gallagher & Co. Acquires Philinsure
Prnewswire· 2025-03-10 13:00
Core Insights - Arthur J. Gallagher & Co. has acquired the remaining shares of Philpacific Insurance Brokers & Managers, Inc., known as Philinsure, after previously making a minority investment in the company [1] - Philinsure operates as a commercial insurance and reinsurance broker in the Philippines, with its headquarters in Cebu City and additional offices in greater Manila and Davao City [2] - The acquisition is expected to enhance Gallagher's retail brokerage capabilities in Asia, aligning with the company's growth strategy [3] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3] - The leadership team at Philinsure, including Gordon "Dondi" Joseph, will continue to operate under the direction of Sarah Lyons, who oversees retail property/casualty brokerage operations for Gallagher in Australia and Asia [2][3]
Arthur J. Gallagher & Co. Receives Second Request for Information Related to its HSR Filing for the Purchase of AssuredPartners
Prnewswire· 2025-03-07 13:00
Core Viewpoint - Arthur J. Gallagher & Co. has received a second request for additional information as part of the Hart-Scott-Rodino filing related to its proposed acquisition of AssuredPartners, which is a standard procedure in regulatory reviews for such transactions [1][2]. Group 1 - The second request extends the waiting period imposed by the HSR Act until 30 days after Gallagher has substantially complied with the request, with the possibility of voluntary extension or shortening by the antitrust agency [1]. - Gallagher is actively responding to the request and anticipates that the transaction will close in the second half of 2025 [2]. - Gallagher operates as a global insurance brokerage, risk management, and consulting services firm, with services provided in approximately 130 countries [2].
ARTHUR J. GALLAGHER & CO. TO HOST REGULARLY SCHEDULED QUARTERLY INVESTOR MEETING WITH MANAGEMENT
Prnewswire· 2025-03-05 22:00
Core Viewpoint - Arthur J. Gallagher & Co. will hold its quarterly management meeting on March 20, 2025, to discuss business operations and financial outlook [1][2]. Group 1: Meeting Details - The quarterly management meeting is scheduled for March 20, 2025, from 8:00 a.m. to approximately 10:30 a.m. CT [1]. - The meeting will be conducted virtually via conference call, allowing for participation from the investment community [1]. - A live broadcast of the conference call will be available on Gallagher's website, with a replay accessible until March 27, 2025 [2]. Group 2: Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois [3]. - The company operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants [3].
Arthur J. Gallagher & Co. Announces Agreement to Acquire Woodruff Sawyer
Prnewswire· 2025-03-04 22:36
ROLLING MEADOWS, Ill., March 4, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced it has signed a definitive agreement to acquire San Francisco, California-based Woodruff Sawyer. The transaction is subject to regulatory approval and is expected to close during the second quarter of 2025.Woodruff Sawyer provides a full suite of commercial property/casualty products, employee benefits solutions and risk management services with a focus on middle and large market clients. Operating from 14 US offi ...
Arthur J. Gallagher & Co. Acquires RMA General Limited
Prnewswire· 2025-03-03 22:00
ROLLING MEADOWS, Ill., March 3, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of New Zealand-based RMA General Limited (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed.RMA provides commercial and personal insurance products as well as tailored life and health solutions to clients throughout New Zealand. Josh Adams and his team will operate under the direction of Carl O'Shea, head of Gallagher's New Zealand retail brokerage op ...
Arthur J. Gallagher & Co. Acquires RMA General Limited
Prnewswire· 2025-03-03 22:00
ROLLING MEADOWS, Ill., March 3, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of New Zealand-based RMA General Limited (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed. RMA provides commercial and personal insurance products as well as tailored life and health solutions to clients throughout New Zealand. Josh Adams and his team will operate under the direction of Carl O'Shea, head of Gallagher's New Zealand retail brokerage o ...
Arthur J. Gallagher & Co. Acquires Dyste Williams
Prnewswire· 2025-03-03 14:00
Core Insights - Arthur J. Gallagher & Co. has acquired Dyste Williams, a retail insurance agency based in Minneapolis, Minnesota, although the terms of the transaction were not disclosed [1] - Dyste Williams offers a comprehensive range of commercial lines, employee benefits, and personal lines services to clients in the Upper Midwest [2] - The acquisition aims to enhance Gallagher's small business capabilities, with Dyste Williams' team continuing to operate under Gallagher Agency Alliance [3] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, providing services in approximately 130 countries [4] - The Gallagher Agency Alliance focuses on merging and acquiring agencies that specialize in small business property/casualty insurance and employee benefits [3]
AJG Stock Gains 33.7% in a Year: A Signal for Investors to Hold Tight?
ZACKS· 2025-02-27 16:45
Core Insights - Arthur J. Gallagher & Co. (AJG) shares have increased by 33.7% over the past year, outperforming the industry growth of 28.7% and the Finance sector's return of 21.6% [1] - The company has a market capitalization of $83.62 billion, with an average trading volume of 2.15 million shares over the last three months [1] - AJG's current stock price is $328.33, slightly below its 52-week high of $333.03 [1] Performance Metrics - AJG is trading above its 50-day and 200-day simple moving averages of $298.67 and $284.09, indicating strong upward momentum [4] - The Zacks Consensus Estimate for AJG's 2024 earnings per share suggests a year-over-year increase of 14.3%, with revenues projected at $14.91 billion, reflecting a 31.1% improvement [5] - Earnings for AJG have grown by 20.4% over the last five years, surpassing the industry average of 13.7% [6] Earnings Surprise and Growth Strategy - AJG has exceeded earnings estimates in three of the last four quarters, with an average surprise of 2.25% [7] - The company is focused on both organic and inorganic growth, with expectations of 4% organic growth in 2025 and 7.5% growth in the Brokerage segment for 2024 [9] - AJG has a strong acquisition history, having acquired 725 companies since 2002, with 48 new brokerage mergers in 2024 estimated to generate $400 million in annualized revenues [12] Financial Health and Shareholder Returns - AJG has raised its dividend by 8.3% in the first quarter of 2025, with a six-year compound annual growth rate (CAGR) of 7.6% from 2020 to 2025 [13] - The company is experiencing rising expenses due to increased compensation and operating costs, which are impacting margins [13] Geographic Diversification - AJG's revenues are geographically diversified, with international operations contributing about one-third of total revenues [10] - The company anticipates an upward trend in international revenue contributions due to its non-U.S. acquisitions [11]
Arthur J. Gallagher & Co. Acquires Case Group
Prnewswire· 2025-02-27 14:00
ROLLING MEADOWS, Ill., Feb. 27, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of São Paulo, Brazil-based Case Group. Terms of the transaction were not disclosed.Case Group is an employee and health benefits brokerage and consulting firm serving clients throughout Brazil. The Case Group team, led by Rafael Motta, will remain in their current location under the direction of Luiz Araripe, Country Manager of Gallagher's operations in Brazil."Case Group's market expertise in empl ...