Profiles
21. ARTHUR J GALLAGHER (UK)
9 ALIE STREET
LONDON E1 8DE
TEL: 020 7204 6000
FAX: 020 7204 6001
WEBSITE: WWW.AJG.COM + WWW.AJG.COM
FEE AND COMMISSION INCOME (2004): £41.67m
PRE-TAX PROFIT: £2.62m
NUMBER OF UK EMPLOYEES: 346
CHIEF OFFICER: BRIAN KING, CHIEF EXECUTIVE
YEAR ESTABLISHED: 1974
HISTORY
In 1974 US broker Arthur J Gallagher & Co opened a London operation with the establishment of Gallagher, Hinton & Vereker. This early London operation was created primarily to place and handle Gallagher's US package business for religious and governmental institutions. In 1986 Gallagher committed to developing a full service London broker and implemented its expansion strategy by acquiring John Plumer & Partners, a broker specialising in aviation, marine, UK and international property and construction risks.
In 1997, Gallagher acquired a non-marine reinsurance broker, Morgan Read & Coleman. In 2001 Gallagher acquired MRS Holdings and Morgan Read & Sharman, further enhancing its aerospace and aviation reinsurance capabilities.
More recently, specialist niche expertise has been developed in the areas of fine arts and specie, jewellers block, bloodstock, entertainment, medical malpractice, property, casualty binders and others.
MAJOR SHAREHOLDERS
Arthur J Gallagher & Co.
MAIN LINES OF BUSINESS
Marine and non-marine insurance and reinsurance worldwide.
SUBSIDIARY COMPANIES
Morgan Insurance Services, John Plummer & Co, MRS Holdings, Morgan Read & Sharman, Arthur J Gallagher Asia, Arthur J Gallagher Pte (51%), Risk Management Partners (100%).
