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Arthur J. Gallagher & Co. Acquires First Capital Financial Services
Prnewswire· 2025-04-30 13:00
ROLLING MEADOWS, Ill., April 30, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of New Zealand-based First Capital Financial Services (First Capital) and its affiliate First Capital Wealth Management. Terms of the transaction were not disclosed.First Capital is a financial advisory firm providing wealth management, risk management and employee benefits services to corporate clients and individuals throughout New Zealand from offices in Christchurch and Auckland. Hugh Percy an ...
Will Arthur J. Gallagher Pull Off a Surprise in Q1 Earnings?
ZACKS· 2025-04-28 14:35
Arthur J. Gallagher & Co. (AJG) is expected to register an improvement in its top and bottom lines when it reports first-quarter 2025 results on May 1, after the closing bell.The Zacks Consensus Estimate for AJG’s first-quarter revenues is pegged at $3.75 billion, indicating 16.4% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at $3.57 per share. The Zacks Consensus Estimate for AJG’s first-quarter earnings has moved up 3.8% in the past 60 days. The estimate suggests ...
Arthur J. Gallagher & Co. Completes Acquisition of Woodruff Sawyer
Prnewswire· 2025-04-10 21:30
Core Points - Arthur J. Gallagher & Co. has completed the acquisition of Woodruff Sawyer, a San Francisco-based firm [1] - The acquisition was previously disclosed, indicating a strategic move to enhance Gallagher's service offerings [1] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois [2] - The company operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants [2]
Arthur J. Gallagher & Co. Announces First Quarter 2025 Earnings Release And Conference Call Date
Prnewswire· 2025-04-10 20:15
Core Points - Arthur J. Gallagher & Co. will release its first quarter 2025 earnings on May 1, 2025, after market close [1] - A conference call hosted by J. Patrick Gallagher, Jr., Chairman and CEO, will take place on the same day at 5:30 pm ET [1] - The conference call will be available for live broadcast on Gallagher's website, with a replay accessible approximately two hours after the live event [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]
AJG Outperforms Industry, Trades at Premium: How to Play the Stock
ZACKS· 2025-04-09 15:00
Core Insights - Arthur J. Gallagher & Co. (AJG) shares have increased by 29.1% over the past year, outperforming its industry, the Finance sector, and the Zacks S&P 500 composite [1][3] - The company has a market capitalization of $79.66 billion and is trading above the 200-day moving average, indicating a bullish trend [1] - AJG shares are trading at a price-to-book value of 26.17X, which is higher than the industry average of 21.66X, indicating a premium valuation [4] Growth Projections - The Zacks Consensus Estimate for AJG's 2025 earnings per share indicates a year-over-year increase of 12.4%, with revenues projected at $14.06 billion, reflecting a 23.6% improvement [5] - Earnings for AJG have grown by 20.4% over the last five years, surpassing the industry average growth of 15.2% [6] - AJG has a strong earnings surprise history, exceeding estimates in three of the last four quarters with an average surprise of 2.25% [7] Growth Strategies - The company is focused on both organic and inorganic growth, particularly in international markets, which is expected to contribute significantly to revenue [10][12] - AJG anticipates organic growth of 4% in 2025, with the risk management segment expecting growth in the 6-8% range [11] - Since 2002, AJG has acquired 725 companies, with a strong pipeline of over 100 companies representing about $1.5 billion in annualized revenues [13] Financial Position - AJG has a robust capital position, allowing for wealth distribution to shareholders through dividend increases and share repurchases, with an 8.3% dividend hike in Q1 2025 [14] - The company has experienced rising expenses due to higher compensation and operating costs, which have been impacting margins [14] Overall Assessment - AJG benefits from solid retention rates, improving renewal premiums, and both organic and inorganic growth strategies [15] - The Risk Management and Brokerage segments are expected to continue significant growth [15]
Arthur J. Gallagher & Co. Acquires Bircroft Insurance Services
Prnewswire· 2025-04-03 09:00
Core Insights - Arthur J. Gallagher & Co. has acquired Bircroft Insurance Services, a UK-based specialist insurance broker focused on the commercial real estate sector [1][2] - The acquisition aims to enhance Gallagher's property specialist capabilities in the UK market [2] 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 [2] - Bircroft will integrate into Gallagher's specialist real estate practice within its UK & Ireland Retail division [1]
Arthur J. Gallagher & Co. Acquires Imbs Holdings, Inc.
Prnewswire· 2025-04-02 13:00
ROLLING MEADOWS, Ill., April 2, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of St. Louis, Missouri-based Imbs Holdings, Inc. Terms of the transaction were not disclosed.Imbs Holdings is a retail insurance broker serving commercial and personal lines clients across the US. Chris Imbs and his team will operate under the direction of Bret VanderVoort, head of Gallagher's South Central retail property/casualty brokerage operations."The Imbs team's market expertise and outstand ...
Arthur J. Gallagher & Co. Acquires Tresidder Insurance Brokers
Prnewswire· 2025-04-01 21:00
Core Insights - Arthur J. Gallagher & Co. has acquired Tresidder Insurance Brokers, an Australia-based firm, although the terms of the transaction were not disclosed [1] - Tresidder Insurance Brokers specializes in property/casualty brokerage services for both commercial and personal clients, with expertise in sectors such as manufacturing, food and beverage, biotech, and agriculture [2] - The acquisition is expected to enhance Gallagher's client-service capabilities in Australia, as stated by J. Patrick Gallagher, Jr., the Chairman and CEO [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 firm will integrate Brad Tresidder, Dean O'Halloran, and their team into its Australia specialty broking division following the acquisition [2]
5 Stocks to Watch From the Thriving Insurance Brokerage Industry
ZACKS· 2025-03-24 14:46
Industry Overview - The Zacks Insurance Brokerage industry is expected to benefit from better pricing, prudent underwriting, rising demand for insurance products, and global expansion, driving revenues [1] - The insurance brokerage market size is projected to reach $331.96 billion in 2025 and $395.41 billion by 2030, with a CAGR of 3.56% during the forecast period [3] - Increased digitization is anticipated to improve operational efficiencies and scale within the industry [2] Trends Influencing Growth - Increased demand for insurance products is driving revenues, with industry players expanding globally and improving pricing and underwriting standards [4] - The aging population and rising awareness among baby boomers and millennials are boosting demand for various insurance products [5] - The industry is witnessing fast-paced consolidation, driven by mergers and acquisitions, with mid-market activity expected to increase in 2025 [6] Technological Advancements - Insurance brokers are adopting digital tools for policy management and claims processing, enhancing customer interactions [7] - The integration of technologies like AI, machine learning, and blockchain is expected to improve operational efficiency and risk assessment [8] Market Performance - The Insurance Brokerage industry has outperformed the Finance sector and the Zacks S&P 500 Composite over the past year, with a collective stock increase of 27.7% compared to 16.1% and 9.1% respectively [13] - The industry currently trades at a trailing 12-month price-to-book (P/B) ratio of 6.68X, lower than the Zacks S&P 500 Composite's 7.97X [15] Company Highlights - Erie Indemnity has a market capitalization of $21.43 billion and is focused on improving its combined ratio through various strategies, with a consensus estimate indicating a 24.9% year-over-year earnings increase for 2025 [18][19] - Brown & Brown, with a market cap of $33.89 billion, has seen earnings growth of 21.5% over the past five years, with a consensus estimate for 2025 indicating an 8.8% year-over-year increase [22][27] - Marsh & McLennan, valued at $114.09 billion, is well-positioned for growth due to significant investments and acquisitions [24] - Arthur J. Gallagher, with a market cap of $84.50 billion, expects organic growth in its risk management and brokerage segments in the 6%-8% range [29][30] - Aon, valued at $84.31 billion, is focusing on expanding its health and benefits business and has a long-term earnings growth rate expectation of 10.7% [33][35]
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]