Overview

The brokerage segment provides a comprehensive suite of solutions designed to meet the diverse insurance needs of its clients. Key offerings include: Retail Brokerage Operations: This segment offers a wide range of insurance products, including commercial property and casualty insurance, health and welfare insurance, and specialized coverage options. Significant lines of insurance include aviation, disability, general liability, products liability, casualty, earthquake, health and welfare, professional liability, claims advocacy, errors and omissions, healthcare analytics, property, commercial auto, cyber liability, and workers' compensation. The retail brokerage operations are organized into niche/practice groups, allowing for focused marketing and the development of tailored products and services specific to various industries. International and Other Brokerage Related Operations: This includes retail commercial property and casualty brokerage services across multiple countries, as well as specialty wholesale operations. The segment also engages in strategic alliances with independent brokers in regions where it lacks a local presence, thereby enhancing its global service capabilities. Global Reinsurance Brokerage Operations: Also, known as Gallagher Re, this division provides reinsurance brokerage services, utilizing advanced analytics to assist underwriting enterprises in securing protection or reinsurance for specific risks. This includes negotiating rates and terms and sourcing optimal contracts available in the market. Wholesale Insurance Brokerage Operations: These operations support retail brokers and non-affiliated brokers in placing specialized and hard-to-place insurance. They also act as managing general agents or underwriters, managing specific aspects of business for underwriting enterprises, such as marketing, underwriting, and claims management. Serves a wide array of industries, including agribusiness, healthcare, construction, technology, entertainment, energy, and public entities. It also serves retail clients and non-affiliated brokerage clients.

Performance

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Performance

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