About the Company
Arthur J. Gallagher & Co. (NYSE: AJG) is a US-based insurance brokerage, consultation, and risk management services firm. It caters to both domestic as well as international markets. It was established in 1950 by Arthur James Gallagher, and its revenues for that year amounted to $175,000. Over the years, AJG continued to grow steadily despite facing stiff competition in the domestic market.
AJG emerged as one of the largest insurance brokers globally in 2018, with brokerage revenue of more than $5 billion. In 2020, Business Insurance named it the fourth-largest insurance broker in the world. AJG share price reached its all-time high on November 4th, 2020, at $111.75. The company joined the prestigious list of Fortune 500 for the first time in the year 2016. As of 2020, it ranks 429 on this list. The company also ranked at 916 on Forbes’ Global 2000 in 2020. Forbes recognised as one of the World’s Best Employer for Women in 2020. Ethisphere, an independent international arbiter, named AJG as one of the World’s Most Ethical Companies for 9 times in a row as in 2020.
Arthur J. Gallagher & Co. operates as a global leader in international markets. Its areas of operations cover South America, Europe, Middle East, Africa, and countries in the Asia Pacific region. As of 2020, AJG remains a leading name in over 150 countries, including Belgium, Sweden, Mexico, Peru, Chile, Indonesia, Malaysia, India, Norway, and Saudi Arabia, among many others. The company is also known for its acquisition activities and ranks among the top insurance companies in terms of acquisitions made. Since going public in 1984, AJG has acquired over 500 companies. It announced the acquisition of CA Insurance Brokers on June 8th, 2020. In the same year, it also acquired Optimum Talent Inc. and Effectus Consultancy.;
Organisation | Arthur J Gallagher & Co |
Industry | Insurance Brokers |
HeadQuarters | Rolling Meadows, IL |