Explore Gallagher's Rich History

Explore current Gallagher Giving Stories

1920’s

Art Gallagher founded Arthur J. Gallagher & Co. in Chicago on October 1, 1927.

1930’s

Gallagher helped create The Hartford Group’s ground-breaking Retrospective Rating Program, which rewarded customers who minimized their losses. Gallagher also wrote Chicago’s first large-deductible fire policy for Bowman Dairy Co.

1940’s

Arthur Gallagher’s sons – John, James and Robert join the company.

1950’s

In 1950, Arthur Gallagher decided to incorporate the company, giving each of his sons an equity interest. In 1951, ManPower Program, later named the Summer Internship Program, was created to help employees learn about the company and the industry.

In 1957, Gallagher landed its largest client to date – Chicago’s Beatrice Foods Company.  

1960’s

In 1962, Gallagher partnered with Sterling Bassett to form a new claims management subsidiary, Gallagher Bassett (GB), to provide services to self-insured clients. In 1963, Robert E. Gallagher was named President and CEO of Gallagher. [In 1963, Bob set up suggestion box on how to run the office.] The ‘60s also brought Gallagher’s earliest forays into the life insurance and benefits business.  

1970’s

In 1974, Gallagher established an international presence when it co-founded Lloyd’s broker Gallagher, Hinton & Vereker Ltd. in London. In 1975, Gallagher also formed an office in Bermuda to provide access to many offshore alternative markets. In that same year, Gallagher’s employee benefits division wrote Gallagher’s first self-funded employee benefits plan.

1980’s

In 1981, Gallagher, Hinton & Vereker became the first subsidiary of a U.S. broker to be accepted as a Lloyd’s broker in its own right. In 1984, a month before Gallagher went public, Bob Gallagher penned The Gallagher Way, the key tenants that defined the culture. In 1987, Gallagher was invited to join the prestigious New York Stock Exchange, traded under the symbol “AJG.” In 1988, GB’s services were “un-bundled” and marketed non-Gallagher brokers, allowing them to be purchased on a “stand-alone” basis.

1990’s
In 1990, CEO Bob Gallagher was named Chairman of the Board, and his brother, John, was named Vice Chairman. John’s son, J. Patrick Gallagher, Jr., became President in 1990 and Chief Executive Officer in 1995. In 1997, Gallagher formed a domestic wholesale brokerage division to market wholesale services to retail insurance agents and brokers, including Gallagher’s. Gallagher also established a joint venture in Australia.

2000’s
In 2002, Gallagher celebrated its 75th anniversary and hit the $1 billion in revenues mark. It was also recognized by Fortune magazine among the Fortune 1000 Largest Companies. Gallagher was named to Forbes magazine’s Platinum 400 List of Best Big Companies in America for 2004 and 2005. In 2006, J. Patrick Gallagher, Jr. was appointed Chairman of the Board.

2010’s

Gallagher completed nearly 300 acquisitions from January 1, 2010 through December 31, 2016, which fueled strong revenue growth and significant international expansion. By 2016, 34% of Gallagher’s Brokerage revenues and 15% of Gallagher’s Risk Management revenues were generated outside of the United States. For six consecutive years, from 2012 to 2017, Gallagher was recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies™.

1920's
Arthur J. Gallagher founded Arthur J. Gallagher & Co. in Chicago on October 1, 1927.

1930's
Gallagher helped create The Hartford Group's ground-breaking Retrospective Rating Program, which rewarded customers who minimized their losses. Gallagher also wrote Chicago's first large-deductible fire policy for Bowman Dairy Co.

1940's
Arthur Gallagher's sons – John, James and Robert join the company.

1950's
In 1950, Arthur Gallagher decided to incorporate the company, giving each of his sons an equity interest. In 1951, ManPower Program, later named the Summer Internship Program, was created to help employees learn about the company and the industry.
In 1957, Gallagher landed its largest client to date – Chicago's Beatrice Foods Company.  

1960's
In 1962, Gallagher partnered with Sterling Bassett to form a new claims management subsidiary, Gallagher Bassett (GB), to provide services to self-insured clients. In 1963, Robert E. Gallagher was named President and CEO of Gallagher. [In 1963, Bob set up suggestion box on how to run the office.] The '60s also brought Gallagher's earliest forays into the life insurance and benefits business.  

1970's
In 1974, Gallagher established an international presence when it co-founded Lloyd's broker Gallagher, Hinton & Vereker Ltd. in London. In 1975, Gallagher also formed an office in Bermuda to provide access to many offshore alternative markets. In that same year, Gallagher's employee benefits division wrote Gallagher's first self-funded employee benefits plan.

1980's
In 1981, Gallagher, Hinton & Vereker became the first subsidiary of a U.S. broker to be accepted as a Lloyd's broker in its own right. In 1984, a month before Gallagher went public, Bob Gallagher penned The Gallagher Way, the key tenants that defined the culture. In 1987, Gallagher was invited to join the prestigious New York Stock Exchange, traded under the symbol "AJG." In 1988, GB's services were "un-bundled" and marketed non-Gallagher brokers, allowing them to be purchased on a "stand-alone" basis.

1990's
In 1990, CEO Bob Gallagher was named Chairman of the Board, and his brother, John, was named Vice Chairman. John's son, J. Patrick Gallagher, Jr., became President in 1990 and Chief Executive Officer in 1995. In 1997, Gallagher formed a domestic wholesale brokerage division to market wholesale services to retail insurance agents and brokers, including Gallagher's. Gallagher also established a joint venture in Australia.

2000's
In 2002, Gallagher celebrated its 75th anniversary and hit the $1 billion in revenues mark. It was also recognized by Fortune magazine among the Fortune 1000 Largest Companies. Gallagher was named to Forbes magazine's Platinum 400 List of Best Big Companies in America for 2004 and 2005. In 2006, J. Patrick Gallagher, Jr. was appointed Chairman of the Board.

2010's
Gallagher completed nearly 300 acquisitions from January 1, 2010 through December 31, 2016, which fueled strong revenue growth and significant international expansion. By 2016, 34% of Gallagher's Brokerage revenues and 15% of Gallagher's Risk Management revenues were generated outside of the United States. For six consecutive years, from 2012 to 2017, Gallagher was recognized by the Ethisphere Institute as one of the World's Most Ethical Companies™.