ROLLING MEADOWS, Ill., July 24, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the appointment of Richard Harries to the company's Board of Directors.Mr. Harries has more than 35 years of insurance industry experience in the UK and other highly regulated markets and has experience growing businesses as an operational leader. Most recently, he has held roles as chief executive officer and director, chief underwriting officer and energy underwriter at Atrium Underwriters Limited. Additionally, ...

Arthur J. Gallagher & Co. (AJG) is slated to report second-quarter 2024 earnings on Jul 25, after market close. The insurer delivered an earnings surprise in each of the last four reported quarters, the average beat being 2.25%.Factors to ConsiderBetter performance in both segments, aided by new business, strong retention and increasing renewal premiums across its business lines, is likely to have benefited Arthur J. Gallagher’s second-quarter performance.Revenues associated with acquisitions, the organic c ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Arthur J. Gallagher (AJG) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 25 ...

Better pricing, prudent underwriting, rising demand for insurance products and global expansion have been driving the Zacks Insurance Brokerage industry. Industry players like Marsh & McLennan Companies, Inc. (MMC) , Aon plc (AON) , Arthur J. Gallagher & Co. (AJG) , Willis Towers Watson Public Limited Company (WTW) and Brown & Brown, Inc. (BRO) are poised to grow from consolidations in this traditionally-fragmented industry.Increased digitization should help the industry to improve basis points, scale and e ...

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Arthur J. Gallagher & Co. (AJG) recently acquired Cleary Benefits Group Inc. The terms of the transaction have not been revealed yet.Danbury, CT-based Cleary Benefits Group was founded in 1998. It is an independent, privately owned, strategic benefits advisory company. The company provides all-inclusive health & welfare benefits consulting services and delivers senior-level expertise, entrepreneurial thinking and guaranteed performance. It primarily serves mid-size to large commercial clients.The acquisitio ...

ROLLING MEADOWS, Ill., July 8, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) will release its second quarter 2024 earnings after the market closes on Thursday, July 25, 2024. A printer-friendly format will be available on the company's website shortly thereafter. In conjunction with this release, J. Patrick Gallagher, Jr., Chairman and CEO, will host a conference call on Thursday, July 25, 2024 at 5:15 pm ET/4:15 pm CT. The conference call will be broadcast live through Gallagher's website at w ...

ROLLING MEADOWS, Ill., July 8, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Danbury, Connecticut-based Cleary Benefits Group Inc. Terms of the transaction were not disclosed.Cleary Benefits Group is a health and benefits consulting firm serving primarily mid-size to large commercial clients. Brian Cleary, Heather Katz and their team will remain in their current location under the direction of Scott Sherman, head of Gallagher's Northeast region employee benefits consultin ...

Arthur J. Gallagher & Co. (AJG) recently acquired Cornerstone Commercial & Personal Insurance Services, Inc. The terms of the transaction have not been revealed yet.Rancho Cucamonga, CA-based Cornerstone is a retail insurance agency that serves commercial and personal clients. It caters to its services across San Bernardino and Riverside counties. The company remains focused on commercial real estate, construction and homeowners associations.With this acquisition, AJG will leverage the expertise of Cornerst ...

ROLLING MEADOWS, Ill., July 2, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired NetClaim from NAVEX. Terms of the transaction were not disclosed.NetClaim provides comprehensive first notice of loss and first report of injury services for risk management clients, insurance carriers and third-party administrators throughout the United States. NetClaim will join Gallagher Bassett's Incident Management team u ...