Arthur J. Gallagher News

Gallagher Acquires UK Commercial Broker Pavey Group

Global insurance broker Gallagher has acquired commercial insurance broker Pavey Group Holdings in the southwest UK. With offices in Torquay, Exeter and Holsworthy in Devon, and Highbridge in Somerset, Pavey Group was established in 1971 and has spent more than …

How Insurance Broker A.J Gallagher Cleans Up on Clean Coal Subsidies: Reuters

Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a profit machine, worth hundreds of millions of dollars to …

Industry Needs to ‘Question and Call Out’ Rogue MGAs, Says Chilton of Gallagher

While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire sector. Chilton, who will be stepping …

Chilton to Return to Capsicum Re Later This Year After Leaving Gallagher Role

Capsicum Re, the London-based specialist reinsurance broker, announced that Grahame “Chily” Chilton will rejoin the business later this year. Chilton will work alongside CEO Rupert Swallow to drive global business development and help shape the strategic direction of the company …

Global Insurers Reassessing Iran Business In Light of Sanctions Threat

Global insurers are taking stock of how the U.S. withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions against companies that do business with Iran, could affect them. Insurance broker Arthur J. Gallagher & Co. said …

Arthur J. Gallagher Adds Four to Its Construction Practice Group for Long Island

Arthur J. Gallagher in Jericho, N.Y., (AJG) has added four professionals from SterlingRisk in Woodbury, N.Y., to its Construction Practice Group for Long Island. Joseph A Santospirito Jr. has been named area senior vice president within AJG’s Construction Practice Group. …

Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago

When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. Now those payments are at risk …

Gallagher Appoints Bluefin’s Hogg to Lead Scottish Operations

Arthur J. Gallagher announced that Kenny Hogg has been appointed regional managing director (RMD) for Scotland and will join the business with effect Aug. 29, 2017. The current RMD for Scotland, Paul Kerry, will remain with the business in his …

Arthur J. Gallagher Launches Crime & Management Liability Cover for UK SMEs

Arthur J. Gallagher’s specialist Management Liability Practice has responded to the heightened risk of commercial crime facing SME businesses by creating tailor-made management liability and crime insurance products. The two products are targeted at UK private limited companies. Backed by …

CME’s Mead Joins Arthur J. Gallagher as Marketing Chief

Illinois-based global insurance broker Arthur J. Gallagher & Co. announced that Christopher E. Mead has joined the company as its new chief marketing officer. Mead will be responsible for leading the company’s global marketing and communications efforts, reporting directly to …