| Business Summary | | Arthur
J.
Gallagher
&
Co.
is
engaged
in
providing
insurance
brokerage,
risk
management
and
related
services
to
clients
in
the
United
States
and
abroad.
Gallagher
also
specializes
in
furnishing
risk-management
services.
Gallagher
has
identified
three
operating
segments
in
addition
to
its
corporate
operations.
These
are
Insurance
Brokerage
Services,
Risk
Management
Services
and
Financial
Services.
Insurance
Brokerage
Services
encompasses
operations
that,
for
commission
or
fee
compensation,
place
or
arrange
to
place
insurance
directly
related
to
the
clients'
funding
of
risk.
Risk
Management
Services
includes
Gallagher's
third-party
administration,
loss-control
and
risk-management
consulting,
workers'
compensation
investigations
and
insurance
property
appraisal
operations.
Financial
Services
is
responsible
for
the
management
of
Gallagher's
diversified
investment
portfolio. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Arthur
J.
Gallagher
and
Co.
and
its
subsidiaries
are
engaged
in
providing
insurance
brokerage,
risk
managment
and
related
service
to
clients
in
the
U.S.
and
abroad.
For
the
six
months
ended
6/30/01,
total
revenues
rose
16%
to
$418.8
million.
Net
income
rose
37%
to
$50
million.
Revenues
reflect
new
business
production,
renewal
rate
increases
and
results
generated
by
the
Company's
equity
investment
portfolio.
Earnings
reflect
an
increase
in
tax
credits
earned
in
2001. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Gallagher, 78 Chairman | -- | -- | J. Patrick Gallagher, Jr., 49 Pres,
CEO, Director | $1.6M | $6.6M | Michael Cloherty, 53 CFO,
Exec. VP, Director | 795K | 374K | James Braniff, III, 61 VP | 1.4M | 28K | James Durkin, Jr., 51 VP | 806K | 55K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|