The strength of our team in Canada has grown immensely through the acquisition of a group of well-established, high-calibre regional insurance brokerages:
Stevenson & Hunt Insurance Brokers: One of the largest brokers in Ontario, providing clients with exceptional service in commercial and personal insurance, benefits and pension consulting and financial services.
Renfrew Insurance: A prominent Western Canada broker highly regarded in real estate, energy and construction.
Ranger Insurance: A market leader in the provision of insurance and risk management services in the Manitoba marketplace.
Assurance Goguen Champlain Insurance: Established more than 50 years ago, Assurance Goguen Champlain Insurance offers insurance products for individuals as well as industrial, government and institutional clients. Goguen is part of the Bell & Grant group.
Fraser & Hoyt Insurance: One of the oldest and most respected brokers in Eastern Canada, with specialties ranging from forestry to knowledge-based industries.
The CG&B Group: One of Canada’s best-known specialty brokerages and financial services providers.
Bell & Grant Insurance: Established more than 100 years ago, Bell and Grant offers insurance products for industrial, government and institutional clients as well as individuals.
Atrens-Counsel Insurance Brokers: A full-service Ontario-based broker with market-leading Real Estate propositions.
Arthur J. Gallagher completed the acquisition of B.R.Rhymer in Winnipeg. Arthur J. Gallagher was recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for the fifth consecutive year.
Arthur J. Gallagher completed the acquisitions of Cohen and Lord in Ontario and Christie Phoenix and Discovery in British Columbia. Arthur J. Gallagher was recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for the fourth consecutive year.
In 2014, Arthur J. Gallagher furthered its international reach by purchasing the Noraxis Capital Corporation in Canada. The acquisition was a key addition to the Gallagher family as it brought together eight established Canadian businesses to form Arthur J. Gallagher Canada Limited. With the acquisition Gallagher now has over 25 offices in five provinces across Canada.
Since 2010, the four largest acquisitions in the group's history have been completed and all four were in the international space — Heath Lambert, Giles, Wesfarmers and Oval. By year-end 2013, 23% of the group’s revenues were generated outside the US. Gallagher has also been recognised by the Ethisphere Institute as one of the World’s Most Ethical Companies for the past three years 2012 to 2014. Arthur would be proud and only hope that the best is yet to come.
In 2002, Gallagher celebrated its 75th anniversary and hit $1 billion in revenue. It was listed in Fortune’s 1000 Largest Companies and named in 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. In 2007, Arthur J. Gallagher entered the Canadian retail insurance market in Canada through the acquisition of Lowndes Lambert Group Canada, Ltd.
Family has always anchored Gallagher and when J. Patrick Gallagher Jr. became President in 1990 and then CEO in 1995, it marked the third generation of stewardship of the company. Growth, in the US and internationally, continued unabated. By the end of the decade, with revenue topping $500 million, Gallagher was recognized as the world’s fourth largest broker.
A momentous decade. In 1984 Gallagher went public with an initial common stock offering and, in 1987, was invited to join the New York Stock Exchange. Gallagher, Hinton & Vereker became the first subsidiary of a US broker to be accepted as a Lloyd’s broker in its own right and Gallagher Bassett began marketing its services to non-Gallagher brokers.
With Robert E. Gallagher as President and CEO, Gallagher began to establish an international presence when it co-founded Lloyd’s broker Gallagher, Hinton & Vereker Ltd in 1974. During a period of rapid growth it also formed an office in Bermuda to provide access to many offshore alternative markets and added an employee benefits division. By 1976, revenue had topped $10 million and, by 1978, it had more than doubled to $25 million.
Responding to change has always been essential and no more so than when Beatrice Foods asked the company to help it self-insure. Partnering with Sterling Bassett, Gallagher formed a new claims management subsidiary to provide services to self-insured clients. This changed the landscape of commercial insurance.
Arthur decided to incorporate the company, giving each of his sons an equity interest and in 1957, they landed the company’s largest client to date – Chicago’s Beatrice Foods Company. It caught the attention of many as the incumbent broker was then the largest in the US. Never losing sight of how best to serve a client was paying dividends.
When the US entered World War II, all three of Arthur Gallagher’s sons – John, James and Robert – enlisted in the Navy. At the war’s end, all three joined the company, setting the stage for the next generation to be at the helm.
Arthur always valued smart thinking and if there wasn’t a way to help customers overcome an issue, he believed his company should look to pioneer a new approach. This led to Gallagher helping to create The Hartford Group’s ground-breaking Retrospective Rating Program and Chicago’s first large-deductible fire policy for Bowman Dairy Co. Both were considered radical but went on to serve our customers well.
Arthur Gallagher was already a successful insurance agent but sensed that he could offer more, particularly to commercial clients where risk management was an emerging specialism. On October 1, 1927, he opened the doors of Arthur J. Gallagher & Co. in Chicago and holding true to his ‘customer first’ ideals, his company grew.
BenefitLink – Calgary: The first merger partner of Arthur J. Gallagher's Benefits & HR Consulting practice (March 2012) serving clients from the Calgary office.
Dickinson & Associates – Ottawa: Dickinson & Associates joined the Benefits & HR Consulting practice of Arthur J. Gallagher in August of 2013 serving clients from the Ottawa office.
McDowall Associates – Toronto: McDowall Associates joined the HR & Compensation practice of Arthur J. Gallagher in May of 2015 serving clients from the Toronto office.
Vital Benefits – Calgary: Vital Benefits joined the Benefits & HR Consulting practice of Arthur J. Gallagher in May of 2015 serving clients from the Calgary office.