Financial Statement

“Over the second quarter of 2021 Gallagher delivered over 9% organic growth in the UK. This builds on the 7% we reported for Q1 and I am delighted that our business has gone from strength to strength in the first half of 2021.

“The growth was shared across all our trading divisions with our retail division performing particularly strongly over the last three months, with strong growth and retention as clients benefit from the economy starting to bounce back. We also had some notable wins in our specialty division, in particular in financial risks, construction and P&C.

“We invested in talent across the business, and in June, Tom Wakefield joined to take up the role of CEO of Gallagher Re*. The team in Gallagher Re has also played a pivotal part in the launch of a mortgage indemnity product called Deposit Unlock which enables mortgage providers to offer mortgages to a broader range of clients and helps underline key role insurance can play in addressing social challenges.

“The team has done a great job during the last 16 months since the start of the pandemic, and I have been truly impressed by their resilience and efforts. As we move into the second half of the year, and hopefully a more stable outlook, we look forward to continued growth.”

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* Subject to regulatory approval