| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | acquisition_addition | completed | 2026-02-25 | Germany | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Krose GmbH & Co KG (KGC). Headcount not explicitly disclosed in footnote. | ||||
| 2026-06-30 | acquisition_addition | completed | 2026-05-01 | United States | Risk Management | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of McKee Risk Management, Inc. (MRM). Headcount not explicitly disclosed in footnote. | ||||
| 2026-06-30 | acquisition_addition | completed | 2026-06-30 | Various | Various | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fourteen other acquisitions completed in 2026. Headcount not explicitly disclosed in footnote. | ||||
| 2026-03-31 | acquisition_addition | completed | United States and international | Brokerage and Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine acquisitions closed in Q1 2026 (eight brokerage, one risk management) with approximately $59 million annualized revenues acquired; headcount added through these acquisitions is not disclosed. | |||||
| 2026-03-31 | acquisition_addition | completed | 2026-02-25 | Germany | Brokerage | USD 220 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Krose GmbH & Co KG (KGC) effective February 25, 2026. Total recorded purchase price $220 million. Employee count not explicitly disclosed in footnote. | |||
| 2026-03-31 | acquisition_addition | completed | 2026-03-31 | Various | Brokerage and Risk Management | USD 114 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Eight other acquisitions completed in Q1 2026. Total recorded purchase price $114 million. Employee counts not explicitly disclosed. | |||
| 2026-03-31 | restructuring | in_progress | Brokerage | USD 27 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $27 million pretax ($20 million net earnings impact) disclosed in adjusted EBITDAC reconciliation. Employee count not specified. | |||||
| 2026-03-31 | restructuring | in_progress | Risk Management | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $1 million pretax ($1 million net earnings impact) disclosed in adjusted EBITDAC reconciliation. Employee count not specified. | |||||
| 2025-12-31 | acquisition_addition | completed | 10,900 | 2025-08-18 | United States, United Kingdom and Ireland | Brokerage | USD 13,815 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Dolphin TopCo, Inc. (holding company of AssuredPartners) completed August 18, 2025 for gross consideration of $13.8 billion ($13,815 million recorded total purchase price); associated charge is the purchase consideration, not a workforce-specific charge. Filing states AssuredPartners had 'over 10,900 employees' at closing, so 10,900 is a floor. Date shown is the acquisition completion date; original deal announcement date is not stated in this filing. Integration expense expected at approximately $575 million over three years; retention inducement awards of 341,700 RSUs (vested at closing) and 708,000 RSUs (vesting over 2-5 years) granted to former AssuredPartners employees. | ||
| 2025-12-31 | acquisition_addition | completed | 600 | 2025-04-10 | United States and United Kingdom | Brokerage | USD 1,274 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Woodruff-Sawyer & Co. completed April 10, 2025 for consideration of $1.2 billion ($1,274 million recorded total purchase price); associated charge is the purchase consideration, not a workforce-specific charge. Filing states Woodruff Sawyer had 'over 600 employees' immediately prior to closing, so 600 is a floor. Date shown is the acquisition completion date. Integration expense expected at approximately $150 million over three years. | ||
| 2025-12-31 | restructuring | completed | Brokerage | USD 183 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Full-year aggregate 'workforce and lease termination related charges' recognized in 2025; primarily severance accrued or paid for employee terminations and redundant workforce, plus lease termination/abandonment costs. No employee count or discrete announced program disclosed; these are recurring integration-related charges (2024 comparable: $118 million). Composition: $171 million workforce-related compensation charges and $13 million workforce/lease operating charges; $136 million net after-tax earnings impact. | |||||
| 2025-12-31 | restructuring | completed | Risk Management | USD 12 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Full-year aggregate workforce and lease termination related charges recognized in 2025 ($9 million compensation-related, $3 million operating); $9 million net after-tax earnings impact. No employee count disclosed. | |||||
| 2025-12-31 | acquisition_addition | completed | 10,900 | 2025-08-18 | 2025-08-18 | United States, United Kingdom, Ireland | Brokerage | USD 13,800 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | AssuredPartners acquisition; over 10,900 employees at closing; gross consideration $13.8 billion | |
| 2025-12-31 | acquisition_addition | completed | 600 | 2025-04-10 | 2025-04-10 | United States, United Kingdom | Brokerage | USD 1,200 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Woodruff Sawyer acquisition; over 600 employees across 14 U.S. offices and one U.K. office; consideration $1.2 billion | |
| 2025-12-31 | acquisition_addition | completed | 2025-12-31 | 2025-12-31 | Multiple | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 31 brokerage acquisitions completed in 2025 (33 total including risk management); headcount added not disclosed; annualized revenues acquired $3,562 million | |||
| 2025-12-31 | acquisition_addition | completed | 2025-12-31 | 2025-12-31 | Multiple | Risk Management | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2 risk management acquisitions closed in 2025; estimated annualized revenues acquired $54 million; headcount added not disclosed | |||
| 2025-12-31 | restructuring | completed | Multiple | Brokerage | USD 183 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Workforce and lease termination related charges for FY2025; employees affected not disclosed | ||||
| 2025-12-31 | restructuring | completed | Multiple | Risk Management | USD 12 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Workforce and lease termination related charges for FY2025; employees affected not disclosed | ||||
| 2025-12-31 | divestiture_reduction | completed | Multiple | Brokerage | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Several books of business and the Pronto Group sold during 2025; headcount removed not disclosed | |||||
| 2025-12-31 | acquisition_addition | completed | 10,900 | 2025-08-18 | 2025-08-18 | U.S., U.K., Ireland | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of AssuredPartners (Dolphin TopCo, Inc.) on August 18, 2025. Over 10,900 employees. | ||
| 2025-12-31 | acquisition_addition | completed | 600 | 2025-04-10 | 2025-04-10 | U.S., U.K. | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Woodruff-Sawyer & Co. on April 10, 2025. Over 600 employees. | ||
| 2025-12-31 | acquisition_addition | completed | 10,900 | 2025-08-18 | 2025-08-18 | United States, United Kingdom, Ireland | Brokerage | Item 1. Business - Business Combinations f5-10k / Qwen3.6-27B-Q8_0 | Acquired AssuredPartners on August 18, 2025. Had over 10,900 employees. | ||
| 2025-12-31 | acquisition_addition | completed | 600 | 2025-04-10 | 2025-04-10 | United States, United Kingdom | Brokerage | Item 1. Business - Business Combinations f5-10k / Qwen3.6-27B-Q8_0 | Acquired Woodruff Sawyer on April 10, 2025. Had over 600 employees. | ||
| 2025-09-30 | acquisition_addition | completed | 10,900 | 2025-08-18 | 2025-08-18 | United States, United Kingdom, Ireland | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | AssuredPartners acquisition closed 2025-08-18 for $13.8 billion gross consideration; acquired entity had 'over 10,900 employees' at closing (count is a lower bound as stated). | ||
| 2025-09-30 | acquisition_addition | completed | 600 | 2025-04-10 | 2025-04-10 | United States (14 offices), United Kingdom (1 office) | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Woodruff Sawyer acquisition closed 2025-04-10 for $1.2 billion; acquired entity had 'over 600 employees' immediately prior to closing (count is a lower bound as stated). | ||
| 2025-09-30 | restructuring | in_progress | Not disclosed | Brokerage; Risk Management | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2025 pretax 'workforce and lease termination related charges' (severance for employee terminations plus lease terminations) of $77.0 million in brokerage and $10.6 million in risk management; no employee counts, program name, or announcement date disclosed and charge is not separable between workforce and lease components. | |||||
| 2025-09-30 | acquisition_addition | completed | 10,900 | 2025-08-18 | U.S., U.K., Ireland | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of AssuredPartners (Dolphin TopCo, Inc.) closed August 18, 2025. Over 10,900 employees. | |||
| 2025-09-30 | acquisition_addition | completed | 600 | 2025-04-10 | U.S., U.K. | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Woodruff Sawyer closed April 10, 2025. Over 600 employees. | |||
| 2025-09-30 | acquisition_addition | completed | 10,900 | 2025-08-18 | United States, United Kingdom, Ireland | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of AssuredPartners (Dolphin TopCo, Inc.). | |||
| 2025-09-30 | acquisition_addition | completed | 600 | 2025-04-10 | United States, United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Woodruff Sawyer & Co. | |||
| 2025-06-30 | acquisition_addition | completed | 600 | 2025-04-10 | United States; United Kingdom | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Woodruff Sawyer acquisition closed April 10, 2025 for $1.2 billion; filer states the firm had over 600 employees across 14 U.S. offices and one U.K. office immediately prior to closing. Total expected integration expense is approximately $150.0 million (not a workforce charge). | |||
| 2025-06-30 | acquisition_addition | completed | Multiple | Brokerage; Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nineteen additional acquisitions closed in the six-month period (W K Webster, Case Group and seventeen others in brokerage; one in risk management), with approximately $391.7 million of annualized revenues acquired; headcount added not disclosed. | |||||
| 2025-06-30 | restructuring | in_progress | Multiple | Brokerage | USD 56 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2025 pretax workforce and lease termination related charges in the brokerage segment; described as severance costs for employee terminations and redundant-workforce costs. Number of employees affected not disclosed. | ||||
| 2025-06-30 | restructuring | in_progress | Multiple | Risk Management | USD 7 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2025 pretax workforce and lease termination related charges in the risk management segment. Number of employees affected not disclosed. | ||||
| 2025-06-30 | other | in_progress | Multiple | Brokerage | USD 41 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decisions to exit certain non-core operations during the six-month period resulted in a $40.6 million write-off of amortizable assets; any associated headcount reduction is not quantified. | ||||
| 2025-06-30 | acquisition_addition | completed | 600 | 2024-12-07 | 2025-04-10 | United States, United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Woodruff Sawyer. 600 employees serving through 14 U.S. offices and one U.K. office immediately prior to closing. | ||
| 2025-06-30 | restructuring | in_progress | 2025-01-01 | 2025-12-31 | United States | Corporate / Pension | USD 30 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Termination of defined benefit pension plan. Wind-down expected to complete in Q4 2025 via lump sum payments and group annuity purchase. Pre-tax loss of approx $30M expected. | ||
| 2025-06-30 | acquisition_addition | completed | 600 | 2025-04-10 | United States and United Kingdom | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Woodruff Sawyer & Co. closed April 10, 2025. Immediately prior to closing, Woodruff Sawyer had over 600 employees serving through 14 U.S. offices and one U.K. office. | |||
| 2025-06-30 | restructuring | in_progress | Brokerage | USD 38 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges for the three-month period ended June 30, 2025. Employee count not explicitly disclosed. | |||||
| 2025-06-30 | restructuring | in_progress | Risk Management | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges for the three-month period ended June 30, 2025. Employee count not explicitly disclosed. | |||||
| 2025-06-30 | restructuring | in_progress | Brokerage | USD 56 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges for the six-month period ended June 30, 2025. Employee count not explicitly disclosed. | |||||
| 2025-06-30 | restructuring | in_progress | Risk Management | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges for the six-month period ended June 30, 2025. Employee count not explicitly disclosed. | |||||
| 2025-03-31 | acquisition_addition | completed | 600 | 2025-03-04 | 2025-04-10 | United States (14 offices) and United Kingdom (1 office) | Brokerage | USD 1,200 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Woodruff Sawyer acquisition; filer states 'over 600 employees', recorded as 600. Consideration $1.2 billion; closed 2025-04-10, after quarter end, funded with cash on hand; expected integration expense approximately $150.0 million. | |
| 2025-03-31 | acquisition_addition | announced | 2024-12-07 | United States, United Kingdom, Ireland | Brokerage | USD 13,450 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pending acquisition of AssuredPartners (Dolphin Topco) for $13.45 billion gross consideration; headcount not disclosed. HSR second request received 2025-03-07; company expects closing in second half of 2025. | |||
| 2025-03-31 | acquisition_addition | completed | Primarily United States, United Kingdom and other foreign operations | Brokerage and Risk Management | USD 438 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven tuck-in acquisitions closed during the quarter (ten brokerage, one risk management) with $438.3 million aggregate recorded purchase price; headcount added not disclosed. Annualized revenues acquired of approximately $100.9 million. | ||||
| 2025-03-31 | restructuring | in_progress | Not disclosed | Brokerage | USD 18 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Non-GAAP adjustment line for the three months ended 2025-03-31 covering severance for employee terminations and redundant-workforce costs plus lease termination charges; employee counts not disclosed and the charge is not purely severance. | ||||
| 2025-03-31 | restructuring | in_progress | Not disclosed | Risk Management | USD 3 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Non-GAAP adjustment line for the three months ended 2025-03-31 covering severance for employee terminations and redundant-workforce costs plus lease termination charges; employee counts not disclosed and the charge is not purely severance. | ||||
| 2025-03-31 | acquisition_addition | completed | 600 | 2025-03-04 | 2025-04-10 | United States, United Kingdom | Brokerage | USD 1,200 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Woodruff Sawyer & Co. closed April 10, 2025. 600 employees across 14 US offices and 1 UK office. | |
| 2025-03-31 | acquisition_addition | completed | 600 | 2025-03-04 | 2025-04-10 | United States, United Kingdom | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Woodruff Sawyer & Co. closed April 10, 2025. Filer states Woodruff Sawyer has over 600 employees serving through 14 U.S. offices and one U.K. office. | ||
| 2025-03-31 | restructuring | in_progress | Brokerage | USD 18 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $17.9 million recognized in Q1 2025. Employee count not explicitly disclosed. | |||||
| 2025-03-31 | restructuring | in_progress | Risk Management | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $3.2 million recognized in Q1 2025. Employee count not explicitly disclosed. | |||||
| 2024-12-31 | restructuring | completed | Brokerage segment | USD 119 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Charges recognized in fiscal 2024 for severance related to employee terminations/redundant workforce ($108.1M in compensation expense) plus lease termination charges ($10.8M in operating expense). No discrete named program, affected-employee count, or completion timeline disclosed. | |||||
| 2024-12-31 | restructuring | completed | Risk management segment | USD 7 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Comprises $4.4M severance-related workforce charges in compensation expense and $2.8M lease termination charges in operating expense. (The Item 7 pre-tax earnings reconciliation table presents this item as $8.1M pretax.) No affected-employee count or timeline disclosed. | |||||
| 2024-12-31 | restructuring | in_progress | Global | Brokerage | USD 119 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge for 2024 combining severance from employee terminations and lease terminations; employee count not disclosed | ||||
| 2024-12-31 | restructuring | in_progress | Global | Risk Management | USD 7 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge for 2024 combining severance from employee terminations and lease terminations; employee count not disclosed | ||||
| 2024-12-31 | acquisition_addition | completed | Global | Brokerage and Risk Management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 48 acquisitions closed in 2024 with approximately $386.5 million of annualized revenues acquired; headcount added not disclosed. Includes larger-than-tuck-in acquisitions of RIBV Holdings and Redington | |||||
| 2024-12-31 | acquisition_addition | announced | 2024-12-07 | 2025-03-31 | United States, United Kingdom, Ireland | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2024-12-07; expected to close in first quarter 2025 subject to regulatory approvals in the U.S., U.K. and Ireland; headcount to be added not disclosed | |||
| 2024-12-31 | divestiture_reduction | completed | Global | Brokerage | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cash proceeds of $19.7 million and one-time gains of $24.3 million recognized in 2024; headcount removed not disclosed | |||||
| 2024-12-31 | acquisition_addition | completed | 2024-10-01 | United States | Brokerage | Item 1. Business - Business Combinations f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of RIBV Holdings, LLC completed in 2024. Specific headcount not disclosed. | ||||
| 2024-12-31 | acquisition_addition | completed | 2024-10-24 | United Kingdom | Brokerage | Item 1. Business - Business Combinations f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Redington Limited completed in 2024. Specific headcount not disclosed. | ||||
| 2024-12-31 | restructuring | completed | Global | Brokerage | USD 119 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination charges of $118.9 million in Brokerage segment. Employee count not disclosed. | ||||
| 2024-12-31 | restructuring | completed | Global | Risk Management | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination charges of $7.2 million in Risk Management segment. Employee count not disclosed. | ||||
| 2024-09-30 | restructuring | in_progress | Global | Brokerage | USD 49 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Q3 2024 workforce and lease termination charges of $48.5M. Includes $40.5M in workforce-related charges and $46.2M in compensation adjustments per adjusted expense reconciliation. | ||||
| 2024-09-30 | restructuring | in_progress | Global | Risk Management | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Q3 2024 workforce and lease termination charges of $2.0M. | ||||
| 2024-09-30 | acquisition_addition | completed | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 27 acquisitions closed in nine months ended Sept 30, 2024. Annualized revenues acquired $173.9M. Workforce impact reflected in total headcount growth. | |||||
| 2024-09-30 | acquisition_addition | completed | Global | Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 1 acquisition closed in nine months ended Sept 30, 2024. Annualized revenues acquired $14.0M. | |||||
| 2024-06-30 | restructuring | in_progress | Not specified | Brokerage | USD 40 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge for the six months ended June 30, 2024 (three-month pre-tax charge was $27.9M; after-tax three-month amount $20.8M). Covers severance for employee terminations and redundant-workforce costs bundled with lease termination charges; no employee count, announcement date, or completion date disclosed. | ||||
| 2024-06-30 | restructuring | in_progress | Not specified | Risk Management | USD 3 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge for the six months ended June 30, 2024 (three-month pre-tax charge was $1.4M). Bundles severance and lease termination costs; no employee count, announcement date, or completion date disclosed. | ||||
| 2024-03-31 | acquisition_addition | completed | 2024-03-31 | Primarily United States | Brokerage | USD 376 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve acquisitions closed in Q1 2024 (including Ericson Insurance Services and The Rowley Agency, both effective 2024-01-01, plus ten others); aggregate recorded purchase price $375.9M and annualized revenues ~$69.2M. Headcount added through these acquisitions is not disclosed. Announcement date shown as period-end aggregate. | |||
| 2024-03-31 | restructuring | in_progress | 2024-03-31 | Not disclosed | Brokerage | USD 12 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2024 pretax charge combining severance for employee terminations and lease termination costs; employee counts and program details not disclosed. Date reflects the reporting period, not a specific announcement. | |||
| 2024-03-31 | restructuring | in_progress | 2024-03-31 | Not disclosed | Risk Management | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2024 pretax charge combining severance for employee terminations and lease termination costs; employee counts and program details not disclosed. Date reflects the reporting period, not a specific announcement. | |||
| 2024-03-31 | acquisition_addition | completed | 2024-03-31 | Global | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 12 acquisitions closed in Q1 2024. Headcount added not explicitly disclosed, but total workforce increased by 6,366 from prior year period. | ||||
| 2024-03-31 | restructuring | in_progress | Global | Brokerage | USD 49 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition integration costs of $48.7 million recognized in Brokerage segment. Employee count not disclosed. | ||||
| 2024-03-31 | restructuring | in_progress | Global | Brokerage | USD 12 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce and lease termination related charges of $11.6 million recognized in Brokerage segment. Employee count not disclosed. | ||||
| 2024-03-31 | restructuring | in_progress | Global | Risk Management | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition integration costs of $0.7 million recognized in Risk Management segment. Employee count not disclosed. | ||||
| 2024-03-31 | restructuring | in_progress | Global | Risk Management | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce and lease termination related charges of $1.2 million recognized in Risk Management segment. Employee count not disclosed. | ||||
| 2023-12-31 | acquisition_addition | completed | 2,300 | 2023-04-03 | U.S., Canada and U.K. | Brokerage | USD 621 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Buck had over 2,300 employees, including more than 220 credentialed actuaries, immediately prior to closing; total recorded purchase price $620.8 million per Note 3. | ||
| 2023-12-31 | acquisition_addition | completed | Primarily U.S.; also Australia, Ireland, U.K. and other international locations | Brokerage (49) and Risk Management (1) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | 50 acquisitions besides Buck closed during 2023 (51 total per MD&A); no aggregate acquired headcount disclosed. Aggregate 2023 purchase consideration including Buck: $3,742.6 million recorded / $3,041.9 million cash paid net of cash acquired. Largest others: Cadence Insurance, Eastern Insurance, My Plan Manager. | |||||
| 2023-12-31 | restructuring | completed | Brokerage | USD 63 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | FY2023 workforce and lease termination related charges: $56.0 million in compensation and $7.4 million in operating expense, primarily severance for employee terminations and redundant workforce; no employee count or named program disclosed; ongoing annual practice rather than a discrete announced program. | |||||
| 2023-12-31 | restructuring | completed | Risk Management | USD 3 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | FY2023 workforce and lease termination related charges: $2.0 million in compensation and $1.4 million in operating expense, severance-related; no employee count or named program disclosed; ongoing annual practice rather than a discrete announced program. | |||||
| 2023-12-31 | acquisition_addition | completed | 2,300 | 2023-04-03 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage — retirement, human resources and employee benefits consulting | USD 621 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Over 2,300 employees including more than 220 credentialed actuaries immediately prior to closing; charge shown is total recorded purchase price, not a severance charge. Total expected Buck integration expense is approximately $125.0 million per MD&A. | |
| 2023-12-31 | acquisition_addition | completed | 2023-10-31 | 2023-10-31 | United States (Northeastern U.S.) | Brokerage — commercial property/casualty, personal lines, employee benefits consulting | USD 515 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount added not disclosed; charge shown is total recorded purchase price. | ||
| 2023-12-31 | acquisition_addition | completed | 2023-11-30 | 2023-11-30 | United States (Southeast, including Texas) | Brokerage — commercial property/casualty, employee benefits, personal lines | USD 886 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount added not disclosed; charge shown is total recorded purchase price. | ||
| 2023-12-31 | acquisition_addition | completed | 2023-12-06 | 2023-12-06 | Australia | Risk Management — National Disability Insurance Scheme plan management services | USD 302 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount added not disclosed; charge shown is total recorded purchase price. Acquisition effective date per Note 3 table is 2023-12-01; narrative states shares acquired 2023-12-06. | ||
| 2023-12-31 | acquisition_addition | completed | 2023-12-31 | 2023-12-31 | Multiple | Brokerage and Risk Management | USD 942 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidated record for the 41 remaining tuck-in acquisitions out of 51 total completed in 2023; headcounts not disclosed. Charge shown is total recorded purchase price. Annualized revenues acquired across all 2023 acquisitions were approximately $885.1 million. | ||
| 2023-12-31 | restructuring | in_progress | Multiple | Brokerage | USD 63 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year 2023 charge; comprises workforce-related charges of $56.0 million in compensation expense plus lease termination charges. Employees affected not disclosed and no announcement date given. | ||||
| 2023-12-31 | restructuring | in_progress | Multiple | Risk Management | USD 3 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year 2023 charge; comprises workforce-related charges of $2.0 million in compensation expense plus lease termination charges. Employees affected not disclosed. | ||||
| 2023-12-31 | divestiture_reduction | completed | Multiple | Brokerage | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Several books of business sold during 2023 with one-time gains of $10.0 million and cash proceeds of $9.9 million; associated headcount not disclosed. | |||||
| 2023-12-31 | acquisition_addition | completed | 2,300 | 2023-04-03 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage | Item 1. Business - Human Capital f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Buck; immediately prior to closing, Buck had over 2,300 employees. | ||
| 2023-12-31 | acquisition_addition | completed | 2023-11-30 | 2023-11-30 | United States | Brokerage | Item 1. Business - Human Capital f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Cadence Insurance; headcount not explicitly disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-10-31 | 2023-10-31 | United States | Brokerage | Item 1. Business - Human Capital f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Eastern Insurance; headcount not explicitly disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-12-06 | 2023-12-06 | Australia | Risk Management | Item 1. Business - Human Capital f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of My Plan Manager; headcount not explicitly disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2,300 | 2023-04-03 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage | Item 1. Business - Business Combinations f5-10k / Qwen3.6-27B-Q8_0 | Acquired Buck on April 3, 2023. Immediately prior to closing, Buck had over 2,300 employees. | ||
| 2023-12-31 | acquisition_addition | completed | 2023-10-31 | 2023-10-31 | United States | Brokerage | Item 1. Business - Business Combinations f5-10k / Qwen3.6-27B-Q8_0 | Acquired Eastern Insurance on October 31, 2023. Employee count not explicitly disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-11-30 | 2023-11-30 | United States | Brokerage | Item 1. Business - Business Combinations f5-10k / Qwen3.6-27B-Q8_0 | Acquired Cadence Insurance on November 30, 2023. Employee count not explicitly disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-12-06 | 2023-12-06 | Australia | Risk Management | Item 1. Business - Business Combinations f5-10k / Qwen3.6-27B-Q8_0 | Acquired My Plan Manager on December 6, 2023. Employee count not explicitly disclosed. | |||
| 2023-09-30 | acquisition_addition | completed | 2,300 | 2022-12-20 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage — retirement, HR and employee benefits consulting and administration (Buck) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states Buck had over 2,300 employees immediately prior to closing; recorded as 2300. Transaction signed 2022-12-20, closed 2023-04-03. | ||
| 2023-09-30 | acquisition_addition | announced | 2023-09-19 | 2023-12-31 | Northeastern United States | Brokerage — commercial property/casualty, personal lines and employee benefits consulting (Eastern Insurance Group, LLC) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Asset acquisition for approximately $510 million; no headcount disclosed. Subject to regulatory approval and key employee retention closing conditions; expected to close in Q4 2023. | |||
| 2023-09-30 | acquisition_addition | announced | 2023-10-24 | 2023-12-31 | Southeast United States, including Texas (34 offices across 9 states) | Brokerage — commercial property/casualty, employee benefits and personal lines (Cadence Insurance, Inc.) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event agreement signed after quarter end for approximately $749 million; no headcount disclosed. Expected integration and retention costs of $70 million over 3 years; expected to close in Q4 2023. | |||
| 2023-09-30 | acquisition_addition | completed | 2,300 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of BCHR Holdings, L.P. (Buck). Immediately prior to closing, Buck had over 2,300 employees. | |||
| 2023-09-30 | acquisition_addition | announced | 2023-10-24 | 2023-12-31 | United States | Brokerage | USD 749 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Signed definitive agreement to acquire Cadence Insurance, Inc. Expected to close during fourth quarter of 2023. | ||
| 2023-09-30 | acquisition_addition | announced | 2023-09-19 | 2023-12-31 | United States | Brokerage | USD 510 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Signed definitive agreement to acquire assets of Eastern Insurance Group, LLC. Expected to close during fourth quarter of 2023. | ||
| 2023-09-30 | acquisition_addition | completed | 2,300 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of BCHR Holdings, L.P. (Buck). Headcount disclosed as 'Immediately prior to closing, Buck had over 2,300 employees'. | |||
| 2023-09-30 | acquisition_addition | announced | 2023-10-24 | 2023-12-31 | United States | Brokerage | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to acquire Cadence Insurance, Inc. Expected to close in Q4 2023. No headcount disclosed. | |||
| 2023-09-30 | acquisition_addition | announced | 2023-09-19 | 2023-12-31 | United States | Brokerage | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to acquire Eastern Insurance Group, LLC. Expected to close in Q4 2023. No headcount disclosed. | |||
| 2023-06-30 | acquisition_addition | completed | 2,300 | 2022-12-20 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage (retirement, HR and employee benefits consulting) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Deal signed 2022-12-20, closed 2023-04-03; Buck had over 2,300 employees immediately prior to closing, including more than 220 credentialed actuaries. Count is approximate as disclosed. | ||
| 2023-06-30 | acquisition_addition | completed | Multiple | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 25 acquisitions closed in the six-month period (15 in Q2 2023) with approximately $418.1 million of annualized revenues acquired; no headcount added is disclosed for these transactions other than Buck. | |||||
| 2023-06-30 | acquisition_addition | completed | 2,300 | 2023-04-03 | 2023-04-03 | United States, Canada, United Kingdom | Risk Management | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of BCHR Holdings, L.P. (Buck). Immediately prior to closing, Buck had over 2,300 employees, including more than 220 credentialed actuaries. | ||
| 2023-06-30 | acquisition_addition | completed | 2,300 | 2023-04-03 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of BCHR Holdings, L.P. dba Buck. 'Immediately prior to closing, Buck had over 2,300 employees'. | ||
| 2023-03-31 | acquisition_addition | completed | Multiple | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ten acquisitions closed in Q1 2023 with estimated annualized revenues of $69.0 million; headcount added not disclosed. | |||||
| 2023-03-31 | acquisition_addition | completed | 2,300 | 2022-12-20 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | BCHR Holdings L.P. dba Buck acquired for $660.0M gross; closed April 3, 2023 (subsequent event). Filer states Buck has over 2,300 employees, including more than 220 credentialed actuaries. Expected integration expense approximately $125.0 million. | ||
| 2023-03-31 | restructuring | in_progress | Multiple | Brokerage | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax workforce and lease termination charges for the three months ended March 31, 2023; workforce-related charges primarily comprise severance costs for employee terminations. Headcount affected not disclosed. | ||||
| 2023-03-31 | restructuring | in_progress | Multiple | Risk Management | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax workforce and lease termination charges for the three months ended March 31, 2023. Headcount affected not disclosed. | ||||
| 2023-03-31 | acquisition_addition | completed | 2,300 | 2022-12-20 | 2023-04-03 | U.S., Canada, U.K. | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of BCHR Holdings, L.P. (dba Buck) closed April 3, 2023. Includes over 220 credentialed actuaries. | ||
| 2023-03-31 | acquisition_addition | completed | 2023-01-01 | 2023-03-31 | Various | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Ten other acquisitions completed in Q1 2023. Specific headcount not disclosed. | |||
| 2023-03-31 | acquisition_addition | completed | 2,300 | 2022-12-20 | 2023-04-03 | United States, Canada, United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of BCHR Holdings, L.P. (dba Buck) closed April 3, 2023. Buck has over 2,300 employees. | ||
| 2023-03-31 | restructuring | in_progress | Brokerage | USD 15 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $15.4 million recognized in Q1 2023. Employee count not disclosed. | |||||
| 2023-03-31 | restructuring | in_progress | Risk Management | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $0.6 million recognized in Q1 2023. Employee count not disclosed. | |||||
| 2022-12-31 | acquisition_addition | announced | 2,300 | 2022-12-20 | 2023-06-30 | Retirement, human resource and employee benefits consulting and administration | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement signed December 20, 2022 to acquire the partnership interests of Buck (BCHR Holdings, L.P.); Buck has over 2,300 employees (including more than 220 credentialed actuaries), so headcount stated as 2,300 reflects a 'more than' qualifier. Transaction expected to close during the first half of 2023 subject to regulatory approvals, hence status 'announced'. Gross consideration $660.0 million (approximately $585.0 million net of agreed seller-funded expenses and net working capital); total expected integration expense approximately $125.0 million. These amounts are deal consideration/integration guidance, not workforce-specific severance charges. Deal also discussed in Item 7 MD&A. | |||
| 2022-12-31 | acquisition_addition | completed | 2022-12-31 | Global | Brokerage / Risk Management | USD 1,303 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 37 acquisitions completed in 2022 for total recorded purchase price of $1,303.0 million; headcount added not disclosed. MD&A acquisition activity table reports 36 acquisitions closed with $244.0 million estimated annualized revenues acquired | |||
| 2022-12-31 | acquisition_addition | announced | 2,300 | 2022-12-20 | 2023-06-30 | United States, Canada, United Kingdom | Brokerage — retirement, HR and benefits consulting | USD 660 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Buck for $660.0 million gross (~$585.0 million net); 2,300+ is target-company headcount, expected to close in first half of 2023; estimated integration expense of $125.0 million | |
| 2022-12-31 | restructuring | completed | 2022-12-31 | Global | Brokerage | USD 51 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pretax 2022 charge for workforce and lease termination related charges in the brokerage segment; includes severance for employee terminations and lease exits; employees affected not disclosed | |||
| 2022-12-31 | restructuring | completed | 2022-12-31 | Global | Risk Management | USD 7 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pretax 2022 charge for workforce and lease termination related charges in the risk management segment; employees affected not disclosed | |||
| 2022-12-31 | restructuring | completed | Global | Brokerage and Risk Management | USD 49 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination charges of $48.9 million in Brokerage segment and $6.4 million in Risk Management segment. Employee count not explicitly disclosed. | ||||
| 2022-12-31 | acquisition_addition | completed | Global | Brokerage | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 36 acquisitions closed in 2022. Specific headcount added not disclosed, but compensation expense increased by $432.7 million due to acquisitions. | |||||
| 2022-12-31 | acquisition_addition | completed | Global | Risk Management | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquisitions contributed to compensation expense increase of $8.2 million. Specific headcount added not disclosed. | |||||
| 2022-09-30 | restructuring | in_progress | Brokerage | USD 19 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2022 pretax charge of $19.1M (Q3 2022: $4.5M) disclosed as a non-GAAP adjustment; includes severance and lease termination costs. No employee count or announcement date given. | |||||
| 2022-09-30 | restructuring | in_progress | Risk Management | USD 3 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2022 pretax charge of $2.8M (Q3 2022: $1.7M) disclosed as a non-GAAP adjustment; includes severance and lease termination costs. No employee count or announcement date given. | |||||
| 2022-09-30 | acquisition_addition | announced | 2022-09-29 | 2022-10-31 | United States | Brokerage | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed to acquire M&T Insurance Agency, Inc. for ~$170.0M cash plus ~$22.5M potential earnout; closed October 31, 2022. No headcount disclosed. | |||
| 2022-09-30 | acquisition_addition | completed | 2022-09-29 | 2022-10-31 | United States | Brokerage | USD 170 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of M&T Insurance Agency, Inc. for $170M cash plus $22.5M potential earnout. Closed Oct 31, 2022. Employee count not disclosed. | ||
| 2022-09-30 | acquisition_addition | completed | 2022-02-01 | 2022-02-01 | United Kingdom | Brokerage | USD 90 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Devitt Insurance Services Ltd. Employee count not disclosed. | ||
| 2022-09-30 | acquisition_addition | completed | 2022-06-01 | 2022-06-01 | International | Brokerage | USD 85 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Innovu Group Holding Company Limited. Employee count not disclosed. | ||
| 2022-09-30 | acquisition_addition | completed | 2022-01-01 | 2022-09-30 | Global | Brokerage and Risk Management | USD 333 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Eighteen other acquisitions completed in 2022. Employee count not disclosed. | ||
| 2022-09-30 | restructuring | in_progress | Global | All Segments | USD 146 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Pretax impact of brokerage segment adjustments (including acquisition integration, workforce/lease termination, and acquisition-related adjustments) for Q3 2022. Employee count not disclosed. | ||||
| 2022-09-30 | restructuring | in_progress | Global | Risk Management | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Pretax impact of risk management segment adjustments (including workforce/lease termination and acquisition-related adjustments) for Q3 2022. Employee count not disclosed. | ||||
| 2022-06-30 | acquisition_addition | completed | Multiple | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 13 brokerage acquisitions closed in the six-month period (8 in Q2 2022); estimated annualized revenues acquired of $82.3M YTD ($50.1M in Q2). Headcount added not disclosed. | |||||
| 2022-06-30 | acquisition_addition | completed | Multiple | Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 1 risk management acquisition closed in the six-month period (also in Q2 2022); estimated annualized revenues acquired of $2.5M. Headcount added not disclosed. | |||||
| 2022-06-30 | acquisition_addition | completed | 2021-12-01 | Global | Brokerage | USD 3,250 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Willis Towers Watson plc treaty reinsurance brokerage operations. Incorporates approximately 2,200 employees. | |||
| 2022-06-30 | acquisition_addition | completed | 2022-02-01 | Global | Brokerage | USD 91 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Devitt Insurance Services Ltd. | |||
| 2022-06-30 | acquisition_addition | completed | 2022-06-01 | Global | Brokerage | USD 85 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Innovu Group Holding Company Limited. | |||
| 2022-06-30 | acquisition_addition | completed | 2022-01-01 | Global | Brokerage and Risk Management | USD 216 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Twelve other acquisitions completed in 2022. | |||
| 2022-03-31 | acquisition_addition | completed | 2022-02-01 | Brokerage | USD 91 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Devitt Insurance Services Ltd. acquired Feb 1, 2022; $90.8M is total recorded purchase price, not a workforce charge. Headcount added not disclosed. | ||||
| 2022-03-31 | acquisition_addition | completed | Brokerage | USD 24 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four other brokerage acquisitions completed during Q1 2022 (aggregate $23.6M recorded purchase price); individual closing dates and headcount added not disclosed. | |||||
| 2022-03-31 | acquisition_addition | completed | 2,200 | 2021-12-01 | 2022-03-31 | Global (31 countries) | Brokerage (Reinsurance) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Willis Towers Watson plc treaty reinsurance brokerage operations. 2,200 employees incorporated into Gallagher Re from 70+ offices across 31 countries. One deferred closing expected in Q2 2022. | ||
| 2022-03-31 | acquisition_addition | completed | 2022-02-01 | 2022-03-31 | United Kingdom | Brokerage | USD 91 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Devitt Insurance Services Ltd. Employee count not explicitly disclosed in footnote, but included in total segment workforce. | ||
| 2022-03-31 | acquisition_addition | completed | 2022-01-01 | 2022-03-31 | Various | Brokerage | USD 24 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Four other acquisitions completed in Q1 2022. Employee count not explicitly disclosed. | ||
| 2022-03-31 | acquisition_addition | completed | 2022-02-01 | United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Devitt Insurance Services Ltd. Headcount not explicitly disclosed in footnote, but included in segment workforce totals. | ||||
| 2022-03-31 | acquisition_addition | completed | 2022-03-31 | Various | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Four other acquisitions completed in Q1 2022. Headcount not explicitly disclosed in footnote, but included in segment workforce totals. | ||||
| 2022-03-31 | restructuring | completed | Global | Brokerage | USD 35 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition integration costs and workforce related charges. Employee count not disclosed, only financial charge. | ||||
| 2022-03-31 | restructuring | completed | Global | Risk Management | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges. Employee count not disclosed, only financial charge. | ||||
| 2021-12-31 | restructuring | completed | Brokerage | USD 21 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Workforce and lease termination charges recognized in 2021; includes $16.2M severance-related compensation charges and $4.4M workforce/lease termination operating costs. Employee counts affected not disclosed. | |||||
| 2021-12-31 | restructuring | completed | Risk Management | USD 7 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Workforce and lease termination charges recognized in 2021; $2.3M in compensation and $4.8M in operating expense (including $4.4M lease termination costs). Employee counts affected not disclosed. | |||||
| 2021-12-31 | acquisition_addition | completed | Primarily brokerage segment, including reinsurance | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | 38 acquisitions completed during 2021, including the Willis Towers Watson treaty reinsurance operations on Dec 1, 2021. Combined Gallagher Re reinsurance business incorporates approximately 2,200 employees, including pre-existing Gallagher reinsurance operations; standalone acquired headcount not disclosed. Twelve international deferred closings (~$180M of consideration) expected in H1 2022. | ||||||
| 2021-12-31 | acquisition_addition | completed | 2,200 | 2021-12-01 | Global (31 countries) | Brokerage — reinsurance brokerage (Gallagher Re) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | The 2,200 figure covers the combined Gallagher Re business (acquired WTW treaty reinsurance operations plus existing Gallagher reinsurance operations), so it overstates net headcount added. Initial gross consideration $3.25 billion plus up to $750 million contingent. Twelve international operations with deferred closings (~$180 million of consideration) await local regulatory approval in Q1–Q2 2022. | |||
| 2021-12-31 | acquisition_addition | completed | Global | Brokerage and Risk Management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 38 acquisitions closed in 2021 (36 per acquisition activity table) with annualized revenues acquired of approximately $1,002.0 million; no headcount added is disclosed for these tuck-in acquisitions. Segment workforce tables note figures include acquisitions. | |||||
| 2021-12-31 | acquisition_addition | completed | 2,200 | 2021-12-01 | 2021-12-01 | Global | Brokerage | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Willis Towers Watson plc treaty reinsurance brokerage operations incorporated approximately 2,200 employees. | ||
| 2021-12-31 | acquisition_addition | completed | 2,200 | 2021-12-01 | 2021-12-01 | Global (31 countries) | Brokerage (Reinsurance) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Willis Towers Watson plc treaty reinsurance brokerage operations incorporated approximately 2,200 employees. | ||
| 2021-06-30 | acquisition_addition | completed | Multiple | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 12 brokerage acquisitions closed in the six-month period (7 in Q2); estimated annualized revenues acquired of $123.8M YTD ($34.1M in Q2). Headcount added not disclosed. | |||||
| 2021-06-30 | acquisition_addition | completed | Multiple | Risk Management | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2 risk management acquisitions closed in the six-month period (1 in Q2); estimated annualized revenues acquired of $50.0M YTD ($36.0M in Q2). Headcount added not disclosed. | |||||
| 2021-06-30 | restructuring | in_progress | Multiple | Brokerage | USD 9 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2021 pretax charge of $9.3M ($4.1M in Q2) covering severance for employee terminations and redundant workforce plus lease termination costs; presented as an aggregate adjustment, no employee count or discrete program disclosed. | ||||
| 2021-06-30 | restructuring | in_progress | Multiple | Risk Management | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2021 pretax charge of $1.3M ($0.6M in Q2) for severance and lease termination costs; no employee count or discrete program disclosed. | ||||
| 2021-03-31 | acquisition_addition | completed | 2021-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Atlas General Holdings, LLC (AGH) acquisition effective 2021-01-01; purchase price $109.3 million. Headcount added not disclosed. | ||||
| 2021-03-31 | acquisition_addition | completed | 2021-02-05 | United Kingdom | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Bollington Wilson Group (BWG) acquisition effective 2021-02-05; purchase price $329.4 million. Headcount added not disclosed. | ||||
| 2021-03-31 | acquisition_addition | completed | 2021-03-31 | Multiple | Brokerage and Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four other acquisitions completed during Q1 2021 (combined purchase price $63.2 million); six acquisitions completed in total per MD&A. Effective dates of individual deals not disclosed; headcount added not disclosed. | ||||
| 2021-03-31 | restructuring | completed | 2020-06-01 | Global | Corporate / Brokerage / Risk Management | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | In mid-2020, the company adjusted portions of its workforce where business had declined significantly. Q1 2021 charges reflect severance and lease termination costs associated with these prior actions. | |||
| 2021-03-31 | acquisition_addition | completed | 2021-01-01 | 2021-03-31 | Global | Brokerage / Risk Management | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company acquired 6 firms in Q1 2021 (including Atlas General Holdings and Bollington Wilson Group). Headcount additions are included in the segment workforce totals but not explicitly quantified as a discrete addition count. | |||
| 2021-03-31 | restructuring | completed | 2020-06-30 | Global | Corporate and Segments | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges related to mid-2020 workforce adjustments where business declined significantly. Employee count not disclosed for this specific charge. | |||
| 2021-03-31 | restructuring | completed | 2020-06-30 | Global | Risk Management | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges related to mid-2020 workforce adjustments. Employee count not disclosed. | |||
| 2020-12-31 | restructuring | completed | Brokerage | USD 44 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Part of company-wide COVID-19 cost actions begun in Q1 2020: workforce adjusted where volume declines exceeded attrition, plus real estate footprint reduction. Pretax charge combines workforce severance ($35.7M in compensation) and workforce/lease termination ($8.2M in operating) components; employee count not disclosed. Company-wide quarterly savings of roughly $65–70M pretax cited for Q2–Q4 2020, with an estimated $12–15M of additional implementation costs expected in 2021. | |||||
| 2020-12-31 | restructuring | completed | Risk Management | USD 8 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Same company-wide 2020 cost actions; pretax charge combines workforce/lease termination components ($7.5M compensation, $0.4M operating); employee count not disclosed. | |||||
| 2020-12-31 | acquisition_addition | announced | 2020-12-23 | 2021-02 | United Kingdom | Brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement signed to acquire 100% of The Bollington Wilson Group for approximately $330.0 million cash; the target is described as having more than 400 employees. Regulatory approval received January 26, 2021; closing expected February 2021. | |||
| 2020-12-31 | restructuring | completed | 2020-12-31 | Global | Brokerage | USD 44 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer reduced its workforce where volumes declined and attrition was insufficient; pretax workforce and lease termination charges of $43.9M for 2020 (includes $35.7M compensation-related severance). Employees affected not disclosed. | |||
| 2020-12-31 | restructuring | completed | 2020-12-31 | Global | Risk Management | USD 8 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Workforce and lease termination related charges of $7.9M pretax for 2020 (includes $7.5M compensation-related). Employees affected not disclosed. | |||
| 2020-12-31 | acquisition_addition | completed | 2020-12-31 | Global | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 27 acquisitions completed in 2020 with total recorded purchase price of $876.1M and estimated annualized revenues acquired of $251.4M; acquired headcount not disclosed. | ||||
| 2020-12-31 | divestiture_reduction | completed | 2020-12-16 | 2020-12-16 | United Kingdom | Brokerage (employee benefits / wealth management) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of a U.K. wealth management business completed 2020-12-16 with a net pretax non-cash loss of approximately $12.0M; headcount removed not disclosed. | |||
| 2020-12-31 | acquisition_addition | announced | 2020-12-23 | 2021-02-28 | United Kingdom | Brokerage | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed to acquire The Bollington Wilson Group for approximately $330.0M cash; regulatory approval received 2021-01-26, expected to close February 2021. Target described as having more than 400 employees; exact count not disclosed. | |||
| 2020-12-31 | restructuring | completed | 2020-01-01 | 2020-12-31 | Global | All Segments | USD 65 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Cost saving actions including adjusting real estate footprint, reducing capital expenditures, limiting outside labor, and adjusting portions of workforce where volumes declined. Estimated quarterly savings of $65 million to $70 million pretax in Q2-Q4 2020 compared to 2019. | ||
| 2020-12-31 | restructuring | completed | 2020-01-01 | 2020-12-31 | Global | All Segments | USD 50 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination charges of $43.9M (Brokerage) and $7.9M (Risk Management) recognized in 2020. Specific employee count not disclosed. | ||
| 2020-12-31 | acquisition_addition | completed | 2020-01-01 | 2020-12-31 | Global | Brokerage and Risk Management | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 27 acquisitions closed in 2020. Specific headcount added not disclosed. | |||
| 2020-09-30 | restructuring | in_progress | Global | Company-wide; includes adjusted portions of the workforce where volumes declined | USD 12 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer reports approximately $12 million pretax of severance and lease termination costs in Q3 2020 from COVID-19 cost actions; no employee count disclosed. Actions include discretionary spending limits, real estate adjustments, reduced capital expenditure, reduced outside labor, and workforce adjustments where volumes declined. | ||||
| 2020-09-30 | acquisition_addition | completed | Multiple | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 17 acquisitions closed in the nine months ended September 30, 2020 (5 in Q3) with approximately $151.2 million of annualized revenues acquired; headcount added through these acquisitions is not disclosed. | |||||
| 2020-09-30 | restructuring | in_progress | Global | Corporate and Segments | USD 12 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Filer reports 'severance and lease termination costs of approximately $12 million pretax related to these actions' in Q3 2020 due to cost management measures including adjusting portions of workforce where volumes declined. | ||||
| 2020-09-30 | restructuring | in_progress | 2020-09-30 | Global | Corporate and Operations | USD 12 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filer reports severance and lease termination costs of approximately $12 million pretax related to cost-saving actions including adjusting real estate footprint and adjusting portions of workforce where volumes declined. | |||
| 2020-06-30 | restructuring | in_progress | 3% | 2020-12-31 | Global | Global workforce (multiple functions) | USD 14 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states workforce adjustments to date have impacted less than 3% of global workforce, with possible additional 1% impact in 2020. The $14M pretax Q2 charge covers severance and lease termination costs combined. No absolute headcount disclosed; implied count is under ~990 based on the stated 33,000 employees. | ||
| 2020-06-30 | acquisition_addition | completed | Global | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 12 acquisitions closed in the six-month period ended June 30, 2020 (4 in Q2), with annualized revenues of approximately $138.1 million. No headcount acquired is disclosed; segment workforce figures are labeled as including acquisitions. | |||||
| 2020-06-30 | restructuring | in_progress | 3% | 2020-03-15 | Global | All segments | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Filer states actions 'impacted less than 3%' of global workforce in Q2 2020. Severance and lease termination costs were approximately $14 million pretax. Filer notes potential for additional 1% impact in 2020. | ||
| 2020-06-30 | restructuring | in_progress | 3% | 2020-03-15 | Global | All Segments | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce adjustments due to volume declines; impacted less than 3% of global workforce to date. Severance and lease termination costs approx $14 million pretax in Q2. | ||
| 2020-03-31 | layoff | announced | 4% | Global | Portions of workforce where volumes declined significantly | USD 30 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer plans to contract and/or furlough portions of the workforce where volumes declined; expected to impact less than 4% of global workforce. Related expense of approximately $30 million spread over the next three quarters. No announcement date or completion date disclosed. | |||
| 2020-03-31 | other | announced | Global | Support functions | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Support-layer hiring and wage freeze implemented as part of cost-management actions in response to COVID-19; no counts or dates disclosed. | |||||
| 2020-03-31 | acquisition_addition | completed | Multiple | Brokerage and Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eight acquisitions closed during the quarter (annualized revenues acquired of $124.2 million); headcount added through these acquisitions was not disclosed. | |||||
| 2020-03-31 | restructuring | announced | 4% | 2020-04-01 | Global | All segments | USD 30 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Filer plans on contracting and/or furloughing portions of workforce where volumes declined significantly. Expected to impact less than 4% of global workforce. Additional expense related to these changes may total $30 million spread over next three quarters. | ||
| 2020-03-31 | restructuring | announced | 4% | 2020-03-31 | Global | All segments | USD 30 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Furloughs, attrition, and other actions impacting less than 4% of global workforce. Additional expense related to these workforce changes may total $30 million spread over the next three quarters. | ||
| 2019-12-31 | acquisition_addition | completed | 2019 | Brokerage (46 acquisitions); Risk Management (3 acquisitions) | USD 1,792 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Headcount added through acquisitions is not disclosed. 49 acquisitions were completed during 2019 with annualized revenues of approximately $468.2 million. Associated value is the total recorded purchase price of $1,791.8 million; cash paid, net of cash and restricted cash acquired, was $1,266.8 million. | ||||
| 2019-12-31 | divestiture_reduction | completed | 2019 | Brokerage | USD 75 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Headcount impact of divestitures is not disclosed. Several books of business were sold during 2019, including a travel insurance brokerage operation sold on January 8, 2019 (one-time net gain of $0.17 per diluted share). The value shown is the aggregate net gain on divestitures recognized in 2019 (a gain, not a charge); related cash proceeds were $81.0 million. | ||||
| 2019-12-31 | restructuring | completed | 2019 | Brokerage | USD 45 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Pretax workforce and lease termination charges recognized in 2019, comprising $35.2 million of workforce severance charges within compensation expense and the remainder within operating expense. Number of positions eliminated during 2019 is not disclosed. Charges are excluded from adjusted non-GAAP results. | ||||
| 2019-12-31 | restructuring | completed | 2019 | Risk Management | USD 8 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Pretax workforce and lease termination charges recognized in 2019, comprising $5.9 million in compensation expense and $2.0 million in operating expense. Headcount affected is not disclosed. Charges are excluded from adjusted non-GAAP results. | ||||
| 2019-12-31 | restructuring | completed | 2019 | Corporate | USD 3 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Pretax workforce charge recognized in the corporate segment during 2019. Headcount affected is not disclosed. Charge is excluded from adjusted non-GAAP results. | ||||
| 2019-12-31 | restructuring | completed | Multiple | Brokerage | USD 45 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax 2019 charges for workforce and lease termination; includes severance and lease termination costs. Number of employees affected is not disclosed. | ||||
| 2019-12-31 | restructuring | completed | Multiple | Risk Management | USD 8 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax 2019 charges for workforce and lease termination. Number of employees affected is not disclosed. | ||||
| 2019-12-31 | restructuring | completed | United States | Corporate | USD 3 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax 2019 workforce-related charge in the corporate segment. Number of employees affected is not disclosed. | ||||
| 2019-12-31 | acquisition_addition | completed | Multiple | Brokerage and Risk Management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 49 acquisitions completed in 2019 with annualized revenues of approximately $468.2 million; headcount added through these acquisitions is not disclosed. | |||||
| 2019-12-31 | divestiture_reduction | completed | 2019-01-08 | Multiple | Brokerage | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Travel insurance brokerage sold January 8, 2019 along with four other smaller brokerage operations; headcount removed is not disclosed. | ||||
| 2019-12-31 | restructuring | completed | Global | Brokerage | USD 45 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Disclosed as 'Workforce and lease termination related charges' of $44.8 million in Brokerage segment. Includes severance costs related to employee terminations and redundant workforce. Specific headcount not disclosed. | ||||
| 2019-12-31 | restructuring | completed | Global | Risk Management | USD 8 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Disclosed as 'Workforce and lease termination related charges' of $7.9 million in Risk Management segment. Includes severance costs related to employee terminations. Specific headcount not disclosed. | ||||
| 2019-12-31 | restructuring | completed | Global | Corporate | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Disclosed as 'Workforce' adjustment of $3.0 million in Corporate segment. Specific headcount not disclosed. | ||||
| 2019-12-31 | acquisition_addition | completed | Global | All Segments | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Headcount increase primarily relates to addition of employees associated with acquisitions completed in 2019. 46 acquisitions closed in 2019. Specific headcount added not disclosed. | |||||
| 2019-12-31 | restructuring | completed | Global | Brokerage | USD 45 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination charges of $44.8 million in 2019. Includes severance costs related to employee terminations and redundant workforce. | ||||
| 2019-12-31 | restructuring | completed | Global | Risk Management | USD 8 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination charges of $7.9 million in 2019. | ||||
| 2019-12-31 | restructuring | completed | Global | Corporate | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce charges of $3.0 million in 2019. | ||||
| 2019-12-31 | acquisition_addition | completed | Global | Brokerage | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Increase in employee headcount primarily relates to addition of employees associated with acquisitions completed in 2019 and new production hires. | |||||
| 2019-09-30 | restructuring | in_progress | United States | Brokerage (approximately $17.0 million of severance); company-wide total | USD 19 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business transformation project initiated in the second quarter of 2019; approximately $19.0 million of severance incurred in the nine-month period, of which about $17.0 million was in the brokerage segment. Number of employees affected and completion timing are not disclosed. | ||||
| 2019-09-30 | acquisition_addition | completed | Multiple | Brokerage and Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 38 acquisitions completed in the nine-month period ended September 30, 2019 (35 brokerage, 3 risk management) with approximately $350.8 million of annualized revenues acquired; headcount added through these acquisitions is not disclosed. | |||||
| 2019-09-30 | divestiture_reduction | completed | Not disclosed | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of a travel insurance brokerage and four other smaller brokerage operations during the nine-month period, with a one-time net gain of $0.17 of diluted EPS; associated headcount removed is not disclosed. | |||||
| 2019-09-30 | acquisition_addition | announced | 2019-09-27 | 2019-10-15 | United States (Bloomfield Hills, Michigan) | Brokerage | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed September 27, 2019 to acquire substantially all net assets of LSG Insurance Partners for approximately $174.0 million cash plus a potential earnout of about $72.0 million; transaction closed October 15, 2019. Headcount added is not disclosed. | |||
| 2019-09-30 | restructuring | in_progress | 2019-06-30 | United States | Brokerage | USD 19 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Business transformation project initiated in second quarter 2019. $19.0 million severance incurred in nine-month period ended Sept 30, 2019. | |||
| 2019-09-30 | acquisition_addition | completed | 2019-01-01 | 2019-09-30 | Global | Brokerage and Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 38 acquisitions completed in nine-month period ended Sept 30, 2019. Headcount additions contributed to increase in segment workforce. | |||
| 2019-09-30 | restructuring | in_progress | 2019-04-01 | Brokerage | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Business transformation project initiated in Q2 2019. Total YTD severance incurred was $19.0 million, with $17.0 million allocated to the Brokerage segment. | ||||
| 2019-06-30 | restructuring | in_progress | United States | Brokerage | USD 7 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business transformation project initiated in Q2 2019; approximately $7.0 million of severance incurred in both the three-month and six-month periods ended June 30, 2019, of which about $6.0 million was in the brokerage segment. Number of employees affected not disclosed; no specific announcement date or completion date given. | ||||
| 2019-06-30 | acquisition_addition | completed | Multiple | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 24 acquisitions closed in the six-month period ended June 30, 2019 (13 in Q2), with estimated annualized revenues acquired of $265.7 million. Headcount added through these acquisitions is not disclosed; segment workforce figures are labeled as including acquisitions. | |||||
| 2019-06-30 | divestiture_reduction | completed | Multiple | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of a travel insurance brokerage and four other smaller brokerage operations during the six-month period ended June 30, 2019, generating a one-time net gain of $0.17 of diluted EPS. Employees affected not disclosed. | |||||
| 2019-06-30 | restructuring | in_progress | 2019-04-01 | United States | Brokerage | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Business transformation project initiated in second quarter 2019. Approximately $6.0 million of the $7.0 million severance cost was in the brokerage segment. | |||
| 2019-06-30 | acquisition_addition | completed | 2019-01-01 | 2019-06-30 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 24 acquisitions completed in the six-month period ended June 30, 2019. Headcount increase primarily relates to employees associated with these acquisitions. | |||
| 2019-06-30 | restructuring | in_progress | 2019-04-01 | Brokerage | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Business transformation project initiated in Q2 2019. Total severance incurred in Q2 was approx $7.0M, with approx $6.0M in Brokerage segment. Employee count not disclosed. | ||||
| 2019-06-30 | acquisition_addition | completed | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Headcount increase primarily relates to employees associated with acquisitions completed in the twelve-month period ended June 30, 2019. Specific headcount added not disclosed. | ||||||
| 2019-06-30 | acquisition_addition | completed | Risk Management | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Headcount increase primarily relates to employees associated with acquisitions completed in the twelve-month period ended June 30, 2019. Specific headcount added not disclosed. | ||||||
| 2019-03-31 | acquisition_addition | completed | Various | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven acquisitions closed in Q1 2019 with estimated annualized revenues of $71.2 million; headcount added not disclosed. | |||||
| 2019-03-31 | divestiture_reduction | completed | Not specified | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of a travel insurance brokerage and four smaller brokerage operations; net gain of $57.1 million; headcount removed not disclosed. | |||||
| 2019-03-31 | restructuring | in_progress | Not specified | Brokerage | USD 6 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax workforce and lease termination charges for the quarter; no employee count or program details disclosed. | ||||
| 2019-03-31 | restructuring | in_progress | Not specified | Risk Management | USD 0 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax workforce and lease termination charges for the quarter; no employee count or program details disclosed. | ||||
| 2019-03-31 | acquisition_addition | completed | 2018-12-22 | 2019-04-05 | United Kingdom | Brokerage | USD 350 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Stackhouse Poland Group Limited for approximately $350.0 million cash; closed April 5, 2019, after quarter end; headcount not disclosed. | ||
| 2019-03-31 | acquisition_addition | announced | 2019-03-03 | 2019-06-30 | U.K., U.S., Canada, Australia, New Zealand and 10 other countries | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire JLT global aerospace operations for approximately £130.0 million upfront plus £60.0 million contingent; expected to close in Q2 2019; headcount not disclosed. | |||
| 2019-03-31 | acquisition_addition | completed | 2019-03-31 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Increase in employee headcount primarily relates to employees associated with the 11 acquisitions completed in the twelve-month period ended March 31, 2019. Specific headcount numbers for these acquisitions are not disclosed. | ||||
| 2019-03-31 | acquisition_addition | completed | 2019-03-31 | Global | Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Contributing to the increase in employee headcount are employees associated with acquisitions completed in the twelve-month period ended March 31, 2019. Specific headcount numbers are not disclosed. | ||||
| 2019-03-31 | acquisition_addition | completed | 2019-03-31 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Headcount increase primarily relates to employees associated with 11 acquisitions completed in the twelve-month period ended March 31, 2019. Specific headcount added not disclosed. | ||||
| 2019-03-31 | acquisition_addition | completed | 2019-03-31 | Global | Risk Management | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Headcount increase primarily relates to employees associated with acquisitions completed in the twelve-month period ended March 31, 2019. Specific headcount added not disclosed. | ||||
| 2018-12-31 | restructuring | completed | 325 | Brokerage | USD 39 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Approximately 325 positions eliminated or restructured during 2018, driving higher severance costs. Charge is the brokerage segment's full-year 2018 pretax workforce and lease termination related charges (non-GAAP adjustment), including $32.3M of workforce related charges in compensation expense; not solely attributable to these eliminations. No specific announcement or completion date disclosed. | ||||
| 2018-12-31 | restructuring | completed | 75 | Risk Management | USD 5 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Approximately 75 positions eliminated or restructured during 2018, driving higher severance costs. Charge is the risk management segment's full-year 2018 pretax workforce and lease termination related charges (non-GAAP adjustment). No specific announcement or completion date disclosed. | ||||
| 2018-12-31 | acquisition_addition | completed | Brokerage (44 acquisitions) and Risk Management (4 acquisitions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | 48 acquisitions completed in 2018 with approximately $339.8 million of annualized revenues. MD&A attributes 2018 headcount growth primarily to acquisition-related additions and new production hires; no acquisition headcount figure disclosed. | ||||||
| 2018-12-31 | divestiture_reduction | completed | Brokerage — travel insurance brokerage operation | MD&A f5-10k / GLM-5.3-flash-HTML | Subsequent event: sale of a travel insurance brokerage operation (originally acquired in 2014) completed on January 8, 2019; expected one-time net gain of $0.20–$0.23 per diluted share in Q1 2019. Headcount impact not disclosed. | ||||||
| 2018-12-31 | restructuring | completed | 325 | 2018-12-31 | Not specified | Brokerage | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 325 positions eliminated or restructured during 2018; severance-related costs rose $10.9 million versus 2017, but no standalone 2018 severance charge is disclosed. | |||
| 2018-12-31 | restructuring | completed | 75 | 2018-12-31 | Not specified | Risk Management | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 75 positions eliminated or restructured during 2018; severance-related costs rose $3.4 million versus 2017, but no standalone 2018 severance charge is disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-12-31 | United States and international | Primarily Brokerage; four acquisitions in Risk Management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 48 acquisitions completed in 2018 with annualized revenues of approximately $339.8 million; acquired headcount is not disclosed. 21 of the 48 acquired entities were excluded from the internal control assessment. | ||||
| 2018-12-31 | restructuring | completed | 325 | Brokerage | USD 11 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination or restructuring of approximately 325 positions during 2018. | ||||
| 2018-12-31 | restructuring | completed | 75 | Risk Management | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination or restructuring of approximately 75 positions during 2018. | ||||
| 2018-12-31 | restructuring | completed | 325 | Brokerage | USD 11 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Elimination or restructuring of approximately 325 positions during 2018. | ||||
| 2018-12-31 | restructuring | completed | 75 | Risk Management | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Elimination or restructuring of approximately 75 positions during 2018. | ||||
| 2018-09-30 | restructuring | completed | 150 | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 150 positions eliminated or restructured during the three months ended 2018-09-30; severance-related costs rose $9.8M versus the prior-year quarter, but the charge attributable to this action is not separately disclosed. | |||||
| 2018-09-30 | restructuring | completed | 50 | Risk Management | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 50 positions eliminated or restructured during the three months ended 2018-09-30; severance-related costs rose $2.2M versus the prior-year quarter, but the charge attributable to this action is not separately disclosed. | |||||
| 2018-09-30 | acquisition_addition | completed | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 27 brokerage acquisitions closed in the nine months ended 2018-09-30 with estimated annualized revenues acquired of $233.6M; acquired headcount not disclosed. | ||||||
| 2018-09-30 | acquisition_addition | completed | Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two risk management acquisitions closed in the nine months ended 2018-09-30 with estimated annualized revenues acquired of $16.2M; acquired headcount not disclosed. Note 4 reports 29 total acquisitions in the period (27 brokerage + 2 risk management). | ||||||
| 2018-09-30 | restructuring | completed | 150 | 2018-07-01 | 2018-09-30 | United States | Brokerage | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination or restructuring of approximately 150 positions during the three-month period ended September 30, 2018. Associated severance cost of $9.8 million. | |
| 2018-09-30 | restructuring | completed | 50 | 2018-07-01 | 2018-09-30 | United States | Risk Management | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination or restructuring of approximately 50 positions during the three-month period ended September 30, 2018. Associated severance cost of $2.2 million. | |
| 2018-09-30 | acquisition_addition | completed | 2018-01-01 | 2018-09-30 | Global | Brokerage and Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 27 acquisitions completed in the nine-month period ended September 30, 2018. Headcount added included in segment totals. | |||
| 2018-09-30 | restructuring | completed | 150 | 2018-09-30 | 2018-09-30 | Global | Brokerage | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Elimination or restructuring of approximately 150 positions during the three-month period ended September 30, 2018. | |
| 2018-09-30 | restructuring | completed | 50 | 2018-09-30 | 2018-09-30 | Global | Risk Management | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Elimination or restructuring of approximately 50 positions during the three-month period ended September 30, 2018. | |
| 2018-06-30 | restructuring | in_progress | Brokerage | USD 11 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2018 pretax charge combining severance for employee terminations with lease termination costs; Q2 2018 portion was $3.5M. Number of employees affected is not disclosed. | |||||
| 2018-06-30 | restructuring | in_progress | Risk Management | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2018 pretax charge combining severance with lease termination costs; Q2 2018 portion was $1.1M. Number of employees affected is not disclosed. | |||||
| 2018-06-30 | acquisition_addition | completed | Multiple | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 18 brokerage acquisitions closed in the six-month period (12 in Q2), with estimated annualized revenues acquired of $171.9M year-to-date. Headcount added through these acquisitions is not disclosed. | |||||
| 2018-06-30 | acquisition_addition | completed | Multiple | Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | One acquisition closed in the segment during the six-month period with estimated annualized revenues acquired of $3.2M. Headcount added is not disclosed. | |||||
| 2018-06-30 | acquisition_addition | completed | 2018-06-26 | 2018-07-06 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed June 26, 2018 for Chicago-based Reassurance Holdings (Coverdell & Co., Carefree Marketing); closed July 6, 2018, after quarter end. Consideration ~$97.7M cash plus $24.4M stock and up to ~$21.5M earnout. Headcount not disclosed. | |||
| 2018-03-31 | acquisition_addition | completed | United States and international | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six brokerage acquisitions closed in Q1 2018 with estimated annualized revenues of $26.7 million; headcount added not disclosed. Effective dates ranged from 2018-01-01 to 2018-03-31. | |||||
| 2018-03-31 | acquisition_addition | completed | United States | Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | One risk management acquisition completed in Q1 2018 with estimated annualized revenues of $3.2 million; headcount added not disclosed. | |||||
| 2018-03-31 | other | in_progress | United States and international | Brokerage | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs related to employee terminations; number of employees affected not disclosed. Part of a $7.6 million pretax workforce and lease termination adjustment, which also includes $3.7 million recorded in operating expense (lease termination and workforce charges). | ||||
| 2018-03-31 | other | in_progress | United States and international | Risk Management | USD 0 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax adjustment of $0.2 million comprising workforce related charges and lease termination; employees affected not disclosed. | ||||
| 2018-03-31 | acquisition_addition | completed | 2018-03-31 | Global | Brokerage and Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Headcount increased primarily due to employees associated with acquisitions completed in the twelve-month period ended March 31, 2018. Specific headcount added not disclosed. | ||||
| 2017-12-31 | acquisition_addition | completed | Primarily Brokerage (36 of 39); 3 in Risk Management | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | 39 acquisitions completed in 2017 with approximately $172.3 million of annualized acquired revenues. MD&A attributes the 2017 headcount increase primarily to employees added via acquisitions and new production hires, but no acquired-employee count is quantified. | ||||||
| 2017-12-31 | restructuring | completed | Brokerage | USD 30 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Workforce and lease termination related charges recognized in 2017, comprising $21.4 million of workforce-related severance and redundant-workforce charges in compensation expense and $8.7 million in operating expense. Not presented as a discrete announced program; no affected-employee count disclosed. | |||||
| 2017-12-31 | restructuring | completed | Risk Management | USD 1 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Workforce and lease termination related charges of $0.9 million recognized in 2017 per non-GAAP adjustments; severance costs relate to employee terminations. No affected-employee count disclosed. | |||||
| 2017-12-31 | acquisition_addition | completed | 2017-12-31 | United States and international | Brokerage and Risk Management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 39 acquisitions completed in 2017 with annualized revenues of approximately $172.3 million; headcount added through these acquisitions is not disclosed. Segment workforce figures are labeled as including acquisitions. | ||||
| 2017-12-31 | restructuring | completed | 2017-12-31 | Global | Brokerage | USD 30 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year 2017 pretax workforce and lease termination related charges of $30.1 million (severance and redundant-workforce costs plus lease terminations); employees affected not disclosed. Prior-year comparative excluded. | |||
| 2017-12-31 | restructuring | completed | 2017-12-31 | Global | Risk Management | USD 1 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year 2017 pretax workforce and lease termination related charges of $0.9 million; employees affected not disclosed. | |||
| 2017-12-31 | restructuring | completed | United States | Corporate | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Home office lease termination and move costs. Includes after-tax one-time move and lease abandonment charges of $7.9 million and pre-tax costs of $13.2 million. | ||||
| 2017-12-31 | restructuring | completed | Global | Brokerage | USD 30 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce and lease termination related charges. | ||||
| 2017-12-31 | restructuring | completed | Global | Risk Management | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce and lease termination related charges. | ||||
| 2017-12-31 | acquisition_addition | completed | Global | Brokerage and Risk Management | Item 7. MD&A f5-10k / Qwen3.6-27B-Q8_0 | Increase in employee headcount primarily relates to addition of employees associated with acquisitions completed in 2017 and new production hires. | |||||
| 2017-12-31 | restructuring | completed | Global | Brokerage | USD 30 (millions) | Item 7. MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $30.1 million pretax. | ||||
| 2017-12-31 | restructuring | completed | Global | Risk Management | USD 1 (millions) | Item 7. MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $0.9 million pretax. | ||||
| 2017-12-31 | restructuring | completed | United States | Corporate | USD 13 (millions) | Item 7. MD&A f5-10k / Qwen3.6-27B-Q8_0 | After-tax one-time move and after-tax lease abandonment charges were $7.9 million ($13.2 million pretax) related to relocation of corporate office headquarters. | ||||
| 2017-09-30 | acquisition_addition | completed | Multiple | Brokerage and Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Thirty acquisitions completed in the nine-month period ended September 30, 2017 (27 brokerage, 3 risk management), with annualized revenues acquired of approximately $143.0 million; headcount added through these acquisitions was not disclosed. | |||||
| 2017-09-30 | acquisition_addition | announced | 2017-09-20 | 2017-10-04 | Canada (Sudbury, Ontario) | Brokerage | USD 43 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire substantially all assets of DiBrina Group signed 2017-09-20 for approximately $42.8 million cash plus maximum earnout of about $24.0 million; closed 2017-10-04, after quarter end. Headcount not disclosed. | ||
| 2017-06-30 | acquisition_addition | completed | Multiple (primarily U.S., U.K., Australia, Canada) | Brokerage and Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twenty-three acquisitions closed in the six-month period ended June 30, 2017 (21 in brokerage, 2 in risk management); annualized revenues acquired approx. $105.0 million. No employee counts associated with the acquisitions are disclosed. | |||||
| 2017-06-30 | acquisition_addition | completed | 2017-06-30 | Global | Brokerage and Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Completed 23 acquisitions in the six-month period ended June 30, 2017. Specific headcount added not disclosed, but total workforce increased from prior year periods due to acquisitions. | ||||
| 2017-06-30 | restructuring | completed | 2017-03-31 | United States | Corporate | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Relocated corporate office headquarters to a nearby suburb of Chicago. After-tax move-related charges of $4.2 million incurred in the first half of 2017. Employee count affected not disclosed. | |||
| 2017-06-30 | acquisition_addition | completed | 2017-06-30 | Global | Brokerage and Risk Management | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed 23 acquisitions in the six-month period ended June 30, 2017. Specific headcount added not disclosed, but workforce totals increased due to these acquisitions. | ||||
| 2017-06-30 | restructuring | completed | 2017-06-30 | Global | Brokerage | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $5.4 million recognized in Q2 2017. Specific employee count not disclosed. | |||
| 2017-06-30 | restructuring | completed | 2017-06-30 | Global | Risk Management | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $0.3 million recognized in Q2 2017. Specific employee count not disclosed. | |||
| 2017-06-30 | restructuring | completed | 2017-06-30 | United States | Corporate | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Home office lease termination/move charges of $1.8 million recognized in Q2 2017. Specific employee count not disclosed. | |||
| 2017-03-31 | acquisition_addition | completed | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve acquisitions closed in Q1 2017 (three effective 2017-01-01, nine others during the quarter); headcount added not disclosed. Aggregate annualized revenues acquired of $62.5 million; total recorded purchase price $196.8 million. | ||||||
| 2017-03-31 | restructuring | in_progress | Brokerage | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax Q1 2017 charge combining severance for employee terminations and redundant workforce with lease termination costs; number of employees affected not disclosed. MD&A separately cites severance-related costs of $2.2 million within the compensation expense increase. | |||||
| 2017-03-31 | restructuring | in_progress | Risk Management | USD 0 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax Q1 2017 charge combining workforce-related (severance) and lease termination costs; number of employees affected not disclosed. | |||||
| 2017-03-31 | other | in_progress | 2017-09-30 | United States (Rolling Meadows, Illinois area) | Corporate | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate headquarters relocated during Q1 2017; $4.0 million pretax lease abandonment/move charge ($2.4 million after tax recognized in Q1), with approximately $4.0 million and $1.5 million after-tax lease abandonment charges expected in Q2 and Q3 2017. Employees affected not disclosed. | |||
| 2017-03-31 | acquisition_addition | completed | 2017-01-01 | Global | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Twelve acquisitions completed in Q1 2017. Headcount not explicitly disclosed for these specific transactions, but total brokerage workforce increased by 1,280 from prior year period end. | ||||
| 2017-03-31 | restructuring | completed | United Kingdom | Brokerage | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Integration costs for Giles and Oval acquisitions, primarily related to consolidation of offices, technology costs, branding and incentive compensation. | ||||
| 2017-03-31 | restructuring | completed | United States | Corporate | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Home office lease termination and move expenses related to new headquarters facility. | ||||
| 2017-03-31 | acquisition_addition | completed | 2017-03-31 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 12 acquisitions closed in Q1 2017. Headcount added not explicitly quantified, but workforce increased from 17,836 (Mar 2016) to 19,116 (Mar 2017), partly due to direct employment of ~2,700 India-based associates previously third-party. | ||||
| 2017-03-31 | restructuring | completed | 2017-03-31 | Global | Brokerage | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $3.9 million recognized in Q1 2017. Employee count affected not disclosed. | |||
| 2017-03-31 | restructuring | completed | 2017-03-31 | Global | Risk Management | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $0.2 million recognized in Q1 2017. Employee count affected not disclosed. | |||
| 2017-03-31 | restructuring | completed | 2017-03-31 | United States | Corporate | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Move-related after-tax charges of $2.4 million for relocation of corporate office headquarters. Employee count affected not disclosed. | |||
| 2016-12-31 | other | completed | 2,700 | 2016-09-01 | India | Brokerage and Risk Management | MD&A f5-10k / GLM-5.3-flash-HTML | Transaction consummated in Q3 2016 converting India-based associates from a third-party cost-pass-through arrangement to direct Gallagher employment, adding approximately 2,700 to global workforce counts. Of the year-end 2016 headcount, approximately 2,200 sat in the brokerage segment and approximately 300 in risk management. Prior-year workforce figures were restated to conform to the current presentation. | |||
| 2016-12-31 | restructuring | completed | Brokerage | USD 21 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Aggregate 2016 pretax charges comprising severance costs related to employee terminations and other costs of redundant workforce ($17.5M within compensation expense) plus combined workforce and lease termination costs ($3.2M within operating expense). Presented as a recurring non-GAAP adjustment category (also recognized in prior years) rather than a discrete announced program; affected employee count and program dates are not disclosed. | |||||
| 2016-12-31 | restructuring | completed | Risk Management | USD 2 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Aggregate 2016 pretax workforce and lease termination related charges ($1.9M within compensation expense, $0.3M within operating expense). Presented as a non-GAAP adjustment category rather than a discrete announced program; affected employee count and program dates are not disclosed. | |||||
| 2016-12-31 | acquisition_addition | completed | Brokerage (predominantly) | MD&A f5-10k / GLM-5.3-flash-HTML | 37 acquisitions were completed in 2016, almost exclusively within the brokerage segment. The filing states the 2016 increase in employee headcount primarily relates to employees added through 2016 acquisitions and new production hires; the specific headcount added via acquisitions is not quantified. | ||||||
| 2016-12-31 | other | completed | 2,700 | 2016-09-01 | 2016-09-01 | India | Brokerage and Risk Management (shared services) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Transaction consummated in Q3 2016 moved approximately 2,700 India-based associates from third-party cost-pass-through provision to direct employment; prior-year workforce counts were restated for comparability. | ||
| 2016-12-31 | restructuring | completed | Global | Brokerage | USD 21 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year 2016 pretax charge bundling workforce-related severance and lease termination costs; workforce-related compensation portion was $17.5 million and workforce/lease portion of operating expense was $3.2 million. Employees affected not disclosed. | ||||
| 2016-12-31 | restructuring | completed | Global | Risk Management | USD 2 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year 2016 pretax charge bundling workforce-related severance ($1.9 million compensation) and lease termination costs ($0.3 million operating). Employees affected not disclosed. | ||||
| 2016-12-31 | acquisition_addition | completed | United States and international | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 37 acquisitions closed in 2016 with estimated annualized revenues of $137.9 million; acquired headcount not disclosed. An additional 5 acquisitions (~$32.2 million annualized revenues) closed through January 26, 2017 with no shares issued. | |||||
| 2016-12-31 | acquisition_addition | completed | 2,700 | 2016-09-01 | 2016-09-01 | India | Corporate / Shared Services | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Direct employment of associates previously provided by third-party on cost-pass-through basis. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-01-01 | 2016-12-31 | Global | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 37 acquisitions completed in 2016. Specific headcount not disclosed, but workforce increased due to acquisitions. | |||
| 2016-12-31 | acquisition_addition | completed | 2,700 | 2016-09-01 | 2016-09-01 | India | Corporate / Shared Services | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Consummated transaction to directly employ India-based associates previously provided by a third party on a cost-pass-through basis. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-12-31 | 2016-12-31 | Global | Brokerage | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Completed 37 acquisitions in 2016. Headcount added via acquisitions is included in segment workforce counts but not explicitly quantified as a separate delta in the text. | |||
| 2016-09-30 | acquisition_addition | completed | 2,700 | 2016-09-01 | India | Brokerage and Risk Management (shared services) | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchased assets and an assembled workforce from an India-based outsourced service provider for about $4.6 million cash; previously the workforce was provided by a third party on a cost-pass-through basis. Roughly 2,200 of these associates are reflected in the brokerage segment count and about 300 in risk management at quarter-end. | ||
| 2016-09-30 | acquisition_addition | completed | Multiple (primarily U.S., U.K., Australia, Canada) | Brokerage | USD 264 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twenty-eight tuck-in acquisitions closed during the nine months ended September 30, 2016 with aggregate recorded purchase price of $264.1 million; headcount acquired through these transactions is not disclosed. | ||||
| 2016-09-30 | acquisition_addition | completed | 2,700 | 2016-09-01 | 2016-09-01 | India | Corporate / Shared Services | USD 5 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of certain assets and assembled workforce from India-based outsourced service provider. Company now directly employs these associates. | |
| 2016-09-30 | acquisition_addition | completed | 2,700 | 2016-09-01 | 2016-09-01 | India | Corporate / Shared Services | USD 5 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired assets and assembled workforce from India-based outsourced service provider; transitioned from third-party cost-pass-through to direct employment. | |
| 2016-06-30 | acquisition_addition | completed | Multiple (primarily U.S., U.K., Australia) | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twenty-one brokerage acquisitions closed in the six-month period (thirteen in Q2 2016) with estimated annualized revenues of $70.4 million; headcount added through these acquisitions is not disclosed. Segment workforce figures are labeled as including acquisitions. | |||||
| 2016-06-30 | restructuring | in_progress | Brokerage | USD 10 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2016 charge for severance and redundant-workforce costs; Q2 2016 portion was $4.3 million. Number of employees affected is not disclosed. | |||||
| 2016-06-30 | restructuring | in_progress | Risk Management | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2016 charge for workforce-related (severance) costs; Q2 2016 portion was $0.3 million. Number of employees affected is not disclosed. | |||||
| 2016-06-30 | acquisition_addition | completed | 2016-02-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Bomford, Couch & Wilson, Inc. and White & Company Insurance, Inc. Headcount not explicitly disclosed. | ||||
| 2016-06-30 | acquisition_addition | completed | 2016-03-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Joseph Distel & Company, Inc. and Vincent L. Braband Insurance, Inc. Headcount not explicitly disclosed. | ||||
| 2016-06-30 | acquisition_addition | completed | 2016-03-31 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Kane's Insurance Management Operations (KIM). Headcount not explicitly disclosed. | ||||
| 2016-06-30 | acquisition_addition | completed | 2016-04-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Capitol Benefits Group, Inc., Charles Allen Agency, Inc., Hagan Newkirk Financial Services, Inc., Insurance Plans Agency, Inc., and KDC Associates, LLC. Headcount not explicitly disclosed. | ||||
| 2016-06-30 | acquisition_addition | completed | 2016-05-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Hogan Insurance Services, Inc., McNeary, Inc., and Ashmore & Associates Insurance Agency, LLC. Headcount not explicitly disclosed. | ||||
| 2016-06-30 | acquisition_addition | completed | 2016-06-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of KRW Insurance Agency, Inc. and Buchholz Planning Corporation. Headcount not explicitly disclosed. | ||||
| 2016-06-30 | acquisition_addition | completed | 2016-06-30 | Various | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Six other acquisitions completed in 2016. Headcount not explicitly disclosed. | ||||
| 2016-03-31 | acquisition_addition | completed | United States and international (brokerage segment) | Brokerage | USD 65 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eight brokerage acquisitions closed in Q1 2016 (BCW, WCI, JDC, VBI, KIM and three others) with $30.0M annualized revenues and $65.3M total purchase price; no headcount added disclosed. | ||||
| 2016-03-31 | acquisition_addition | completed | 2016-03-31 | Global | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Eight acquisitions completed in Q1 2016 with annualized revenues of $30.0 million. Specific headcount added not disclosed. | ||||
| 2015-12-31 | restructuring | completed | Brokerage | USD 23 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Charges recognized during fiscal 2015: $20.0 million workforce termination charges in compensation expense (increase drivers include $12.8 million of severance-related costs) and $3.0 million lease termination charges in operating expense. Completion timing not explicitly stated; number of employees affected not disclosed. | |||||
| 2015-12-31 | restructuring | completed | Risk Management | USD 3 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Charges recognized during fiscal 2015: $2.2 million workforce termination charges in compensation expense (increase drivers include $1.4 million of severance-related costs) and $0.7 million lease termination charges in operating expense. Completion timing not explicitly stated; number of employees affected not disclosed. | |||||
| 2015-12-31 | acquisition_addition | completed | Brokerage and Risk Management | MD&A f5-10k / GLM-5.3-flash-HTML | 44 acquisitions completed in 2015 with annualized revenues of approximately $230.8 million. Filing attributes the 2015 headcount increase primarily to employees added through 2015 acquisitions and new production hires; number of employees added is not quantified. | ||||||
| 2015-12-31 | acquisition_addition | completed | United States; Australia; Canada; United Kingdom; other international | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 44 acquisitions completed in 2015 with annualized revenues of $230.8 million; headcount added not disclosed. Segment workforce tables note workforce at year end includes acquisitions. | |||||
| 2015-12-31 | restructuring | completed | United States; United Kingdom; Australia; Canada; New Zealand | Brokerage | USD 23 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 charge of $23.0 million, of which $20.0 million sat in compensation expense and $3.0 million in operating expense; employees affected not disclosed | ||||
| 2015-12-31 | restructuring | completed | United States; Australia; Canada; New Zealand; United Kingdom | Risk Management | USD 3 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 charge of $2.9 million, of which $2.2 million sat in compensation expense and $0.7 million in operating expense; employees affected not disclosed | ||||
| 2015-12-31 | other | completed | 5 | 2015-01-01 | 2015-02-28 | United Kingdom | International Brokerage Division senior management (including CEO and CFO) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Five senior employees of the U.K. brokerage operation resigned in January-February 2015 to join a competitor; litigation settled August 2015 for approximately GBP 20.0 million ($31.0 million) received by the company | ||
| 2015-12-31 | acquisition_addition | completed | Global | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Completed 44 acquisitions in 2015 with annualized revenues of $230.8 million. Specific headcount added not disclosed, but total workforce increased from 20,240 to 21,537. | |||||
| 2015-12-31 | restructuring | completed | Global | Brokerage and Risk Management | USD 128 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce and lease termination charges of $123.9 million ($100.9M Brokerage + $23.0M Brokerage integration/termination; $2.9M Risk Management). Includes costs related to redundant workforce, extra lease space, and duplicate services from acquisitions (Noraxis, Crombie/OAMPS, Giles, Oval, Bollinger). Specific employee counts not disclosed. | ||||
| 2015-12-31 | restructuring | completed | Global | Brokerage | USD 101 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquisition integration costs including redundant workforce, extra lease space, and duplicate services. | ||||
| 2015-12-31 | restructuring | completed | Global | Brokerage | USD 23 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges. | ||||
| 2015-12-31 | restructuring | completed | Global | Risk Management | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges. | ||||
| 2015-12-31 | acquisition_addition | completed | Global | Brokerage | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Headcount increase primarily relates to addition of employees associated with acquisitions completed in 2015. | |||||
| 2015-09-30 | acquisition_addition | completed | Multiple (U.S., U.K., Canada, Australia, Chile, others) | Brokerage and Risk Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twenty-nine acquisitions completed in the nine-month period (27 brokerage, 2 risk management), including WGA ($151.5M purchase price, closed 2015-07-31). Total recorded purchase price $494.0M. No headcount added by these acquisitions is disclosed. | |||||
| 2015-09-30 | other | completed | 5 | 2015-02 | United Kingdom | Brokerage — international operations (including CEO and CFO) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Five senior employees of the U.K. brokerage operation resigned in January–February 2015 to join a competitor; litigation filed April 2015 and settled 2015-08-26 for ~£20.0M ($31.0M) payments to the company. | |||
| 2015-09-30 | restructuring | in_progress | Multiple (includes U.K.) | Brokerage | USD 18 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2015 charge of $17.9M ($3.4M in Q3) covering both workforce and lease termination items; number of employees affected is not disclosed. Related severance-related compensation costs of $10.1M (YTD) and $0.2M (Q3) are reported within compensation expense. | ||||
| 2015-09-30 | restructuring | in_progress | Multiple | Risk Management | USD 2 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2015 charge of $1.9M ($1.4M in Q3) for workforce and lease termination items; employees affected not disclosed. | ||||
| 2015-09-30 | other | in_progress | 2015-06-30 | 2017-06-30 | International (U.K. and other non-U.S. operations) | Brokerage — international operations | USD 5 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Compensation-based retention agreements entered into during second quarter 2015 with key international employees; estimated after-tax charges of ~$4.5M per quarter through 2017-06-30. Number of covered employees not disclosed; announcement date shown as end of the quarter in which agreements were entered. | ||
| 2015-09-30 | other | announced | 2015-08-31 | 2017-03-31 | United States (Itasca to Rolling Meadows, Illinois) | Corporate | USD 135 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Relocation of headquarters announced August 2015, move expected in first quarter 2017; redevelopment and relocation costs estimated at $135M, offset by $60–80M of tax incentives. No headcount impact disclosed; announcement date recorded as month-level (2015-08). | ||
| 2015-09-30 | acquisition_addition | completed | 2015-06-15 | 2015-07-31 | United States | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of William Gallagher Associates Insurance Brokers, Inc. (WGA). WGA has approximately 200 employees. | |||
| 2015-09-30 | acquisition_addition | completed | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Five acquisitions completed in Q3 2015 with annualized revenues totaling $61.0 million. Specific headcount not disclosed for these five transactions. | |||||
| 2015-09-30 | acquisition_addition | completed | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Twenty-seven acquisitions completed in the nine-month period ended September 30, 2015. Annualized revenues totaled $176.9 million. Specific headcount not disclosed. | |||||
| 2015-09-30 | other | completed | 5 | 2015-01-01 | 2015-02-28 | United Kingdom | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Five senior employees, including CEO and CFO, resigned from U.K.-based international brokerage operation. | ||
| 2015-06-30 | acquisition_addition | completed | 2015-06-30 | Multiple | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven brokerage acquisitions closed in Q2 2015 with annualized revenues of $82.3 million; no headcount added is disclosed. | ||||
| 2015-06-30 | acquisition_addition | completed | 2015-06-30 | Multiple | Risk Management | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two risk management acquisitions closed in Q2 2015 with annualized revenues of $7.6 million; no headcount added is disclosed. | ||||
| 2015-06-30 | acquisition_addition | in_progress | 650 | 2014-07-02 | United States | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration costs in Q2 2015 primarily related to onboarding of over 650 employees; count is approximate as disclosed ('over 650'). | |||
| 2015-06-30 | acquisition_addition | in_progress | 1,700 | 2014-06-16 | Australia; New Zealand | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration costs in Q2 2015 primarily related to onboarding of over 1,700 employees; count is approximate as disclosed ('over 1,700'). | |||
| 2015-06-30 | acquisition_addition | in_progress | 2,000 | 2013-11-14 | United Kingdom | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration costs in Q2 2015 primarily related to onboarding of over 2,000 employees across Giles and Oval; count is approximate as disclosed ('over 2,000'). | |||
| 2015-06-30 | other | in_progress | 2015-04-01 | International | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Retention agreements entered into during Q2 2015 with key employees of international brokerage operations; estimated to add approximately $3.0 to $4.0 million per quarter to compensation expense; number of employees not disclosed. | ||||
| 2015-06-30 | acquisition_addition | completed | 2015-06-30 | Global | Brokerage and Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Brokerage segment completed 11 acquisitions; Risk Management segment completed 2 acquisitions in Q2 2015. Specific headcount additions not disclosed. | ||||
| 2015-06-30 | acquisition_addition | completed | 2015-06-30 | Global | Brokerage and Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 24 acquisitions completed in the six-month period ended June 30, 2015. Specific headcount additions not disclosed. | ||||
| 2015-06-30 | other | completed | 5 | 2015-02-01 | United Kingdom | International Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Five senior employees, including CEO and CFO, resigned in Jan/Feb 2015 to join a competitor. | |||
| 2015-06-30 | acquisition_addition | completed | 2015-06-30 | Global | Brokerage and Risk Management | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed 24 acquisitions in the six-month period ended June 30, 2015. Specific headcount added not disclosed, but integration costs reference onboarding of employees for specific acquisitions (e.g., Noraxis: 650+, Crombie/OAMPS: 1,700+, Giles/Oval: 2,000+). | ||||
| 2015-06-30 | acquisition_addition | announced | 200 | 2015-06-15 | 2015-07-31 | United States | Brokerage | USD 150 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Signed definitive agreement to acquire William Gallagher Associates Insurance Brokers, Inc. (WGA). WGA has approximately 200 employees. Closed July 31, 2015. | |
| 2015-03-31 | acquisition_addition | completed | Multiple (U.S., U.K., Canada, Australia and others) | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven brokerage acquisitions closed during the quarter (effective dates January 1 to February 6, 2015) with annualized revenues of $33.6 million; headcount added through these acquisitions is not disclosed. Total recorded purchase price was $88.9 million. | |||||
| 2015-03-31 | other | completed | 5 | United Kingdom | Brokerage — international/U.K. operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Five senior employees of the U.K.-based international brokerage operations, including the CEO, CFO and CRO, resigned during the quarter; a new CEO was appointed shortly thereafter. Exact resignation dates not disclosed. Separately, the FCA announced a review of the U.K. operation's governance and control framework. | ||||
| 2015-03-31 | restructuring | in_progress | Primarily United Kingdom and United States | Brokerage | USD 9 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer reports $8.5 million of 'workforce related charges' in brokerage compensation for the quarter (vs. $1.5 million prior-year quarter), including $4.6 million of severance-related costs; no employee count, program label, or completion timing is disclosed. | ||||
| 2015-03-31 | acquisition_addition | completed | 2015-03-31 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Eleven acquisitions completed in Q1 2015 with annualized revenues of $33.6 million. Specific headcount added not disclosed, though integration costs mention onboarding of employees for prior acquisitions (Noraxis, Crombie/OAMPS, Giles, Oval, Bollinger). | ||||
| 2015-03-31 | other | completed | 5 | 2015-03-31 | United Kingdom | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Five senior employees of U.K.-based international brokerage operations, including CEO, CFO, and CRO, resigned during the quarter. | |||
| 2015-03-31 | acquisition_addition | completed | 2015-03-31 | Global | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 11 acquisitions completed in Q1 2015. Specific headcount not disclosed, but integration costs reference onboarding of employees for prior acquisitions (Noraxis, Crombie/OAMPS, Giles, Oval). | ||||
| 2015-03-31 | restructuring | completed | 2015-03-31 | Global | Brokerage | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce and lease termination related charges of $8.5 million recognized in Q1 2015. Includes severance related costs of $4.6 million. | |||
| 2015-03-31 | restructuring | completed | 2015-03-31 | United Kingdom | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Five senior employees of U.K.-based international brokerage operations, including CEO, CFO, and CRO, resigned during the quarter. | ||||
| 2014-12-31 | acquisition_addition | completed | 1,000 | 2014-04-01 | United Kingdom | Brokerage | USD 350 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Headcount stated as over 1,000 employees across 24 U.K. offices. Value is the total recorded purchase price per Note 3 ($338.4M cash paid plus $11.8M escrow). | ||
| 2014-12-31 | acquisition_addition | completed | 1,700 | 2014-06-16 | Australia, New Zealand, United Kingdom | Brokerage | USD 993 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Headcount stated as approximately 1,700 across more than 50 offices; includes the associated premium funding operations. Note 3 records $993.1M cash paid; MD&A cites a ~$952.0M agreement price plus a $35.3M true-up paid October 14, 2014. | ||
| 2014-12-31 | acquisition_addition | completed | 650 | 2014-07-02 | Canada | Brokerage | USD 415 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Headcount stated as more than 650 employees across five Canadian provinces. Approximately 89% of equity acquired; total recorded purchase price $415.2M per Note 3. | ||
| 2014-12-31 | acquisition_addition | completed | Brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Gallagher completed 60 acquisitions in 2014 (annualized revenues ~$761.2 million), within the brokerage segment. Headcount was disclosed only for Oval, Crombie/OAMPS and Noraxis, which are captured as separate records; no aggregate headcount is disclosed for the remaining deals. Aggregate purchase price is intentionally not recorded here to avoid double counting. | ||||||
| 2014-12-31 | restructuring | completed | Brokerage | USD 7 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Workforce-related component of $8.0 million of 2014 workforce and lease termination charges ($7.4M recognized in compensation expense; remaining $0.6M was lease termination in operating expense). No headcount, announced program, or completion timeline disclosed. | |||||
| 2014-12-31 | restructuring | completed | Risk Management | USD 1 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Workforce-related component of $0.8 million of 2014 workforce and lease termination charges ($0.6M in compensation expense; $0.2M lease termination in operating expense). No headcount, announced program, or completion timeline disclosed. | |||||
| 2014-12-31 | acquisition_addition | completed | 1,000 | 2014-04-01 | 2014-04-01 | United Kingdom | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer states Oval had over 1,000 employees across 24 U.K. offices; net cash consideration approximately $338.0 million. | ||
| 2014-12-31 | acquisition_addition | completed | 1,700 | 2014-06-16 | 2014-06-16 | Australia, New Zealand, United Kingdom | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,700 employees in more than 50 offices; net cash consideration approximately $952.0 million plus a $35.3 million true-up. Integration costs of $16.5 million in 2014 related to onboarding these employees. | ||
| 2014-12-31 | acquisition_addition | completed | 650 | 2014-07-02 | 2014-07-02 | Canada | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer states more than 650 employees; cash consideration of approximately $415.0 million for approximately 89% of equity. Integration costs of $2.8 million in 2014 related to onboarding. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-12-31 | 2014-12-31 | United States and international | Brokerage | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 60 acquisitions completed in 2014 with annualized revenues of $761.2 million; headcount added through the 57 remaining (non-large) acquisitions is not disclosed. Three large 2014 acquisitions are captured separately above. | |||
| 2014-12-31 | acquisition_addition | completed | United Kingdom | Brokerage | Item 7. MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Oval Group of Companies; over 1,000 employees. | |||||
| 2014-12-31 | acquisition_addition | completed | Australia, New Zealand, United Kingdom | Brokerage | Item 7. MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Crombie/OAMPS operations; approximately 1,700 employees. | |||||
| 2014-12-31 | acquisition_addition | completed | Canada | Brokerage | Item 7. MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Noraxis Capital Corporation; more than 650 employees. | |||||
| 2014-12-31 | acquisition_addition | completed | 1,700 | 2014-06-16 | 2014-06-16 | Australia, New Zealand, United Kingdom | Brokerage | Item 7. MD&A - Overview and 2014 Financial Highlights f5-10k / Qwen3.6-27B-Q8_0 | Acquired Crombie/OAMPS operations including OAMPS businesses in Australia and UK, and Crombie in New Zealand. | ||
| 2014-12-31 | acquisition_addition | completed | 650 | 2014-07-02 | 2014-07-02 | Canada | Brokerage | Item 7. MD&A - Overview and 2014 Financial Highlights f5-10k / Qwen3.6-27B-Q8_0 | Acquired Noraxis Capital Corporation with offices across Alberta, Manitoba, New Brunswick, Nova Scotia and Ontario. | ||
| 2014-12-31 | acquisition_addition | completed | 2,000 | 2014-04-01 | 2014-04-01 | United Kingdom | Brokerage | Item 7. MD&A - Brokerage Segment f5-10k / Qwen3.6-27B-Q8_0 | Integration costs related to onboarding of over 2,000 employees. | ||
| 2014-12-31 | acquisition_addition | completed | 500 | 2013-08-12 | 2014-12-31 | United States | Brokerage | Item 7. MD&A - Brokerage Segment f5-10k / Qwen3.6-27B-Q8_0 | Integration costs related to onboarding of over 500 employees. Full integration completed in Q4 2014. | ||
| 2014-09-30 | acquisition_addition | completed | 1,000 | 2014-04-01 | 2014-04-01 | United Kingdom | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Oval Group of Companies acquired for approximately $338.0 million net cash; filing states Oval had over 1,000 employees across 24 U.K. offices. | ||
| 2014-09-30 | acquisition_addition | completed | 1,700 | 2014-06-16 | 2014-06-16 | Australia, New Zealand, United Kingdom | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wesfarmers brokerage operations (OAMPS, Crombie) acquired for approximately $952.0 million net cash plus adjustments; approximately 1,700 employees in more than 50 offices. A $35.3 million net-current-asset true-up was paid 2014-10-14 and not recorded at quarter end. | ||
| 2014-09-30 | acquisition_addition | completed | 650 | 2014-07-02 | 2014-07-02 | Canada | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Noraxis Capital Corporation acquired (approximately 89% of equity) for about $420.0 million cash; filing states more than 650 employees. Company completed 45 acquisitions in the nine-month period with about $693.6 million of annualized revenues; aggregate acquisition headcount not disclosed. | ||
| 2014-09-30 | acquisition_addition | completed | 1,000 | 2014-04-01 | 2014-04-01 | United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Oval Group of Companies (Oval). Over 1,000 employees. | ||
| 2014-09-30 | acquisition_addition | completed | 1,700 | 2014-06-16 | 2014-06-16 | Australia, New Zealand, United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Crombie/OAMPS operations. Approximately 1,700 employees. | ||
| 2014-09-30 | acquisition_addition | completed | 650 | 2014-07-02 | 2014-07-02 | Canada | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Noraxis Capital Corporation. More than 650 employees. | ||
| 2014-09-30 | voluntary_separation | announced | 2,200 | 2014-09-12 | 2014-11-12 | United States | Corporate / Pension Plan Participants | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Pension de-risking strategy offering lump sum or accelerated reduced annuity to ~2,200 terminated, vested participants. Expected aggregate payout $20M-$35M. | ||
| 2014-06-30 | acquisition_addition | completed | 1,000 | 2014-04-01 | 2014-04-01 | United Kingdom | Brokerage | USD 350 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states Oval had over 1,000 employees across 24 U.K. offices; recorded purchase price of $350.2 million. Count captured as the disclosed lower bound. | |
| 2014-06-30 | acquisition_addition | completed | 1,700 | 2014-06-16 | 2014-06-16 | Australia, New Zealand, United Kingdom | Brokerage | USD 952 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wesfarmers Insurance Brokerage operations (OAMPS Australia/U.K., Crombie New Zealand, premium funding) with approximately 1,700 employees in more than 50 offices; recorded purchase price of $951.5 million. | |
| 2014-06-30 | acquisition_addition | completed | 650 | 2014-07-02 | 2014-07-02 | Canada | Brokerage | USD 420 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event acquisition closed after quarter end (July 2, 2014); cash consideration of approximately $420.0 million for approximately 89% of Noraxis equity. Filer states more than 650 employees; count captured as the disclosed lower bound. | |
| 2014-06-30 | acquisition_addition | completed | 1,000 | 2014-04-01 | United Kingdom | Brokerage | USD 338 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Oval Group of Companies. Net cash consideration approx $338.0 million. | ||
| 2014-06-30 | acquisition_addition | completed | 1,700 | 2014-06-16 | Australia, New Zealand, United Kingdom | Brokerage | USD 952 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Crombie/OAMPS operations. Net cash consideration approx $952.0 million. | ||
| 2014-06-30 | acquisition_addition | completed | 650 | 2014-07-02 | Canada | Brokerage | USD 420 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Noraxis Capital Corporation. Cash consideration approx $420.0 million for 89% equity. | ||
| 2014-06-30 | acquisition_addition | completed | 1,000 | 2014-04-01 | United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Oval Group of Companies. | |||
| 2014-06-30 | acquisition_addition | completed | 1,700 | 2014-06-16 | Australia, New Zealand, United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Crombie/OAMPS operations. | |||
| 2014-06-30 | acquisition_addition | completed | 650 | 2014-07-02 | Canada | Brokerage | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Noraxis Capital Corporation. Disclosed as subsequent event. | |||
| 2014-03-31 | restructuring | in_progress | Brokerage | USD 2 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2014 charges of $2.2M comprising $1.7M severance-related compensation and $0.5M lease termination costs; no employee count or timing disclosed. | |||||
| 2014-03-31 | restructuring | in_progress | Risk Management | USD 0 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce related charges within compensation expense for Q1 2014; no employee count or timing disclosed. | |||||
| 2014-03-31 | acquisition_addition | completed | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine brokerage acquisitions completed during Q1 2014 (five named plus four others) with aggregate annualized revenues of approximately $17.8M; headcount added not disclosed. | ||||||
| 2014-03-31 | acquisition_addition | in_progress | 500 | Brokerage | USD 2 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states onboarding of over 500 employees during Q1 2014 as part of Bollinger (acquired 2013-08-12) integration; count is a lower bound. Employees entered headcount at the 2013 acquisition date, not in Q1 2014; $2.3M is the quarterly integration cost, not a severance charge. | ||||
| 2014-03-31 | acquisition_addition | in_progress | 1,100 | United Kingdom | Brokerage | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states onboarding of over 1,100 employees during Q1 2014 as part of Giles Group (acquired 2013-11-14) integration; count is a lower bound. Employees entered headcount at the 2013 acquisition date, not in Q1 2014; $4.2M is the quarterly integration cost, not a severance charge. | |||
| 2014-03-31 | acquisition_addition | completed | 1,000 | 2014-04-01 | 2014-04-01 | United Kingdom | Brokerage | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Oval Group of Companies signed and closed after quarter end for net cash consideration of approximately $331.0M; filer states over 1,000 employees across 24 U.K. offices and expected annual revenues over $135.0M. Count is a lower bound. | ||
| 2014-03-31 | acquisition_addition | announced | 1,700 | 2014-04-06 | 2014-09-30 | Australia, New Zealand, United Kingdom | Brokerage | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wesfarmers Insurance Brokerage share sale agreement (OAMPS, Crombie Lockwood, premium funding) signed 2014-04-06 for approximately $933.0M net cash; filer states approximately 1,700 employees in more than 50 offices. Closing expected in Q2 or Q3 2014, subject to Australian, New Zealand and U.K. regulatory approvals; completion date shown is the end of the disclosed range. | ||
| 2014-03-31 | acquisition_addition | completed | 2014-03-31 | United States | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Nine acquisitions completed in Q1 2014 with annualized revenues of $17.8 million. Specific headcount not disclosed for these nine, but total brokerage workforce increased by 2,177 from prior year. | ||||
| 2014-03-31 | acquisition_addition | completed | 1,100 | 2013-11-14 | United Kingdom | Brokerage | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Giles Group acquisition. Integration costs of $4.2 million in Q1 2014 related to onboarding over 1,100 employees. | ||
| 2014-03-31 | acquisition_addition | completed | 500 | 2013-08-12 | United States | Brokerage | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Bollinger acquisition. Integration costs of $2.3 million in Q1 2014 related to onboarding over 500 employees. | ||
| 2014-03-31 | other | completed | 2014-03-31 | United States | Brokerage | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce and lease termination related charges of $2.2 million in Brokerage segment. | |||
| 2014-03-31 | other | completed | 2014-03-31 | United States | Risk Management | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce and lease termination related charges of $0.2 million in Risk Management segment. | |||
| 2014-03-31 | acquisition_addition | announced | 1,000 | 2014-04-01 | United Kingdom | Brokerage | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Oval Group of Companies closed April 1, 2014. Oval has over 1,000 employees. | |||
| 2014-03-31 | acquisition_addition | announced | 1,700 | 2014-04-06 | 2014-09-30 | Australia, New Zealand, United Kingdom | Brokerage | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Agreement signed April 6, 2014 to acquire Wesfarmers Insurance Brokerage operations. Expected to close in Q2 or Q3 2014. Operations have approximately 1,700 employees. | ||
| 2014-03-31 | acquisition_addition | completed | 1,100 | 2013-11-14 | United Kingdom | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Giles Group of Companies (Giles). Integration costs of $4.2 million recognized in Q1 2014 related to onboarding of over 1,100 employees. | |||
| 2014-03-31 | acquisition_addition | completed | 500 | 2013-08-12 | United States | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Bollinger, Inc. Integration costs of $2.3 million recognized in Q1 2014 related to onboarding of over 500 employees. | |||
| 2014-03-31 | acquisition_addition | announced | 1,000 | 2014-04-01 | United Kingdom | Brokerage | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Oval Group of Companies. Closed April 1, 2014. Over 1,000 employees. | |||
| 2014-03-31 | acquisition_addition | announced | 1,700 | 2014-04-06 | 2014-09-30 | Australia, New Zealand, United Kingdom | Brokerage | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Wesfarmers Insurance Brokerage operations. Signed April 6, 2014. Approximately 1,700 employees. Expected to close Q2 or Q3 2014. | ||
| 2013-12-31 | restructuring | completed | Mostly international operations | Brokerage — management ranks and related support staff | USD 7 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Fourth-quarter 2013 actions to contract management ranks and support staff following acquisition-driven centralization efforts; expected annual workforce cost savings of $9.0 million. Full-year 2013 workforce and lease termination charges in the brokerage segment totaled $7.8 million. No employee count disclosed; timing given only as the fourth quarter of 2013. | ||||
| 2013-12-31 | restructuring | completed | Mostly international operations | Risk Management — management ranks and related support staff | USD 2 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Fourth-quarter 2013 actions to contract management ranks and related support staff as part of the same centralization program; expected annual workforce cost savings of $2.3 million. Full-year 2013 workforce and lease termination charges in the risk management segment totaled $1.7 million. No employee count disclosed. | ||||
| 2013-12-31 | acquisition_addition | completed | 500 | 2013-08-01 | Brokerage | USD 6 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Filing states 'over 500 employees' were onboarded through the Bollinger acquisition; effective acquisition date of August 1, 2013 per Note 3. 2013 integration costs of $5.7 million were primarily technology costs, employee onboarding and incentive compensation. | |||
| 2013-12-31 | acquisition_addition | completed | 1,100 | 2013-11-14 | United Kingdom | Brokerage | USD 3 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Filing states 'over 1,100 employees' were onboarded through the Giles Group acquisition, which is headquartered in London, England; effective acquisition date of November 14, 2013 per Note 3. 2013 integration costs of $2.7 million were primarily technology costs, employee onboarding and incentive compensation. | ||
| 2013-12-31 | restructuring | completed | Primarily international operations | Brokerage | USD 7 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Q4 2013 action to contract management ranks and support staff after acquisitions and centralization; pretax charge of $6.6M expected to generate $9.0M annual workforce cost savings; headcount affected not disclosed | ||||
| 2013-12-31 | restructuring | completed | Primarily international operations | Risk Management | USD 2 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Same Q4 2013 program as the brokerage action, presented separately by segment; expected $2.3M annual workforce cost savings; headcount affected not disclosed | ||||
| 2013-12-31 | acquisition_addition | completed | 1,100 | 2013-11-14 | United Kingdom | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Giles acquired November 14, 2013 with over 1,100 employees in 43 offices; count is approximate as disclosed ('over 1,100'); one of 31 acquisitions completed in 2013 | |||
| 2013-12-31 | acquisition_addition | completed | 500 | 2013-08-01 | United States | Brokerage | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Bollinger acquired August 1, 2013; integration costs referenced onboarding of over 500 employees; count is approximate as disclosed ('over 500') | |||
| 2013-12-31 | restructuring | completed | 2013-10-01 | 2013-12-31 | International | Brokerage | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions taken in Q4 2013 to contract management ranks and support staff, mostly in international operations. Pretax charges of $6.6 million. Expected annual workforce cost savings of $9.0 million. | ||
| 2013-12-31 | restructuring | completed | 2013-10-01 | 2013-12-31 | International | Risk Management | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions taken in Q4 2013 to contract management ranks and support staff, mostly in international operations. Pretax charges of $1.5 million. Expected annual workforce cost savings of $2.3 million. | ||
| 2013-12-31 | restructuring | completed | 2013-10-01 | International | Brokerage | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Actions to contract management ranks and related support staff in Q4 2013. Pretax charges of $6.6 million in brokerage segment. | |||
| 2013-12-31 | restructuring | completed | 2013-10-01 | International | Risk Management | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Actions to contract management ranks and related support staff in Q4 2013. Pretax charges of $1.5 million in risk management segment. | |||
| 2013-09-30 | acquisition_addition | completed | 500 | 2013-08-01 | United States (New Jersey, New York, Pennsylvania, Connecticut) | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A describes Bollinger as the 21st largest U.S. insurance broker with over 500 employees in eight offices, and states the acquisition was completed August 12, 2013. Total recorded purchase price was $317.1 million; no severance or restructuring charge disclosed. | |||
| 2013-09-30 | acquisition_addition | announced | 1,100 | 2013-09-04 | 2013-11-30 | United Kingdom (England, Scotland, Wales, Northern Ireland, Isle of Man, Channel Islands) | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement signed September 4, 2013 to acquire Giles, described as the fifth largest independent retail insurance broker in the U.K., with over 1,100 employees across 43 offices; net cash consideration of approximately £233 million (~$370 million). Expected to close in early November 2013, subject to regulatory approval; expected_completion_date reflects month-end approximation. | ||
| 2013-09-30 | acquisition_addition | completed | 2013-08-12 | United States | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Bollinger, Inc. completed August 12, 2013. Over 500 employees operating out of eight offices in NJ, NY, PA, and CT. | ||||
| 2013-09-30 | acquisition_addition | announced | 2013-09-04 | 2013-11-01 | United Kingdom | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Agreement signed September 4, 2013 to acquire Giles Group of Companies. Over 1,100 employees operating out of 43 offices in England, Scotland, Wales, Northern Ireland, Isle of Man and Channel Islands. Expected to close early November 2013. | |||
| 2013-09-30 | acquisition_addition | completed | 500 | 2013-08-12 | 2013-08-12 | United States | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Bollinger, Inc., described as having 'over 500 employees'. | ||
| 2013-09-30 | acquisition_addition | announced | 1,100 | 2013-09-04 | 2013-11-01 | United Kingdom | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Agreement signed to acquire Giles Group of Companies, described as having 'over 1,100 employees'. Expected to close in early November 2013. | ||
| 2013-06-30 | acquisition_addition | completed | Multiple (includes U.S. and international) | Brokerage | USD 98 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine acquisitions completed in the six-month period ended June 30 2013 with total recorded purchase price of $98.3 million and annualized revenues of approximately $40.9 million; no headcount added is disclosed. Charge shown is total recorded purchase price, not a workforce charge. | ||||
| 2013-06-30 | acquisition_addition | completed | 2013-06-30 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Completed five acquisitions with annualized revenues totaling $35.9 million in second quarter 2013. Specific headcount additions not disclosed. | ||||
| 2013-03-31 | acquisition_addition | completed | 2013-02-01 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Metzler Brothers Insurance (MBI) acquired effective 2013-02-01; total recorded purchase price $4.5 million. Headcount added not disclosed. | ||||
| 2013-03-31 | acquisition_addition | completed | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three other acquisitions completed during Q1 2013 (dates not disclosed individually); combined recorded purchase price $8.5 million. Headcount added not disclosed. Four acquisitions total in the quarter with annualized revenues of approximately $5.0 million. | |||||
| 2013-03-31 | acquisition_addition | completed | 2013-02-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Metzler Brothers Insurance (MBI) and three other firms. Headcount added not explicitly quantified, but total brokerage workforce increased by 979 employees compared to prior year period end. | ||||
| 2012-12-31 | reduction_in_force | completed | 400 | 3% | 2012-10 | Global | Middle-office and back-office positions across the company | USD 12 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Actions taken during the fourth quarter of 2012; exact month within the quarter not specified, so the date reflects the start of the disclosed quarter. Attributed to productivity initiatives and improved technology utilization. Expected future annual workforce savings of approximately $35.0 million, anticipated to be mostly offset by higher medical, pension, salary and incentive compensation costs. Full-year workforce and lease termination related charges in non-GAAP reconciliations were $14.4 million (brokerage) and $2.7 million (risk management). | |
| 2012-12-31 | restructuring | in_progress | 2011-05-12 | 2013 | United Kingdom | Brokerage | USD 19 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Integration of HLG Holdings, Ltd. (Heath Lambert), acquired effective May 12, 2011 (announcement date reflects the acquisition effective date), has reduced the number of employees and offices at the acquired operations; headcount reduction is not quantified. The $19.3 million represents 2012 integration costs ($13.2 million compensation, $6.1 million operating), i.e., current-fiscal-year activity of this multi-year program. Integration expected to be completed during 2013. | ||
| 2012-12-31 | acquisition_addition | completed | Primarily brokerage segment (58 of 60 acquisitions) | MD&A f5-10k / GLM-5.3-flash-HTML | Company completed 60 acquisitions in 2012 with approximately $231.7 million of annualized revenues; the increase in employee headcount was attributed primarily to employees added through 2012 acquisitions and new production hires. No employee count for the acquired workforces is disclosed. | ||||||
| 2012-12-31 | restructuring | completed | 400 | 3% | Global | Middle-office and back-office functions | USD 12 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Actions taken during fourth quarter 2012 to contract global workforce by approximately 3%; pretax charges of approximately $12.3 million with expected future annual workforce savings of approximately $35.0 million; exact announcement date and completion date not disclosed | ||
| 2012-12-31 | acquisition_addition | completed | United States and international (Australia, U.K., Canada, Bermuda, Caribbean, Mexico) | Brokerage (primarily) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 60 acquisitions completed during 2012 with annualized revenues of approximately $231.7 million; headcount added through these acquisitions not disclosed | |||||
| 2012-12-31 | restructuring | completed | 400 | 2012-10-01 | 2012-12-31 | Global | Middle-office and back-office | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions taken in Q4 2012 to contract global workforce by approximately 3%. Pretax charges totaled $12.3 million. Expected future annual workforce savings of $35.0 million. | |
| 2012-12-31 | restructuring | completed | 400 | 3% | 2012-12-31 | 2012-12-31 | Global | Middle-office and back-office | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Actions taken in fourth quarter 2012 to contract global workforce by approximately 3%, or 400 middle-office and back-office positions. Pretax charges totaled approximately $12.3 million. |
| 2012-09-30 | acquisition_addition | completed | Multiple (U.S. and international) | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven acquisitions completed in Q3 2012 with annualized revenues of $56.6 million; headcount added not disclosed. Company completed 38 acquisitions in the nine-month period with annualized revenues of approximately $155.5 million. | |||||
| 2012-09-30 | restructuring | in_progress | Multiple (brokerage segment operations) | Brokerage | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge combines workforce and lease termination items; employee counts not disclosed. Nine-month 2012 charge was $4.7 million (nine-month 2011: $2.2 million). | ||||
| 2012-09-30 | restructuring | in_progress | Multiple (risk management segment operations) | Risk Management | USD 0 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee counts not disclosed. Nine-month 2012 charge was $0.1 million. | ||||
| 2012-09-30 | acquisition_addition | completed | 2012-01-01 | 2012-09-30 | Global | Brokerage and Risk Management | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 38 acquisitions completed in the nine-month period ended September 30, 2012. Headcount added is included in the segment workforce totals (8,683 Brokerage; 4,316 Risk Management) as of September 30, 2012. | |||
| 2012-09-30 | restructuring | completed | 2012-01-01 | 2012-09-30 | Global | Brokerage and Risk Management | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce and lease termination related charges of $4.7 million (Brokerage) and $0.1 million (Risk Management) recognized in the nine-month period ended September 30, 2012. Employee counts not disclosed. | ||
| 2012-06-30 | acquisition_addition | completed | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 27 acquisitions completed in the six-month period (15 in Q2 2012); annualized revenues of acquired businesses totaled $98.9 million. No employee counts added through these acquisitions are disclosed. | ||||||
| 2012-06-30 | restructuring | in_progress | Brokerage | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge line combines workforce and lease termination related charges; $0.8 million recognized in Q2 2012 and $3.6 million year to date. No employee counts, program details or timing disclosed. | |||||
| 2012-06-30 | restructuring | in_progress | Corporate | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate segment severance expense incurred in Q2 2012, cited as a driver of higher salary and benefits expense. No employee counts disclosed. | |||||
| 2012-03-31 | acquisition_addition | completed | 2012-03-31 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve acquisitions completed in Q1 2012 (annualized revenues ~$30.6M); no headcount added is disclosed. Segment workforce counts are labeled as including acquisitions. | ||||
| 2012-03-31 | acquisition_addition | completed | 2012-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Twelve acquisitions completed in Q1 2012. Headcount added not explicitly quantified, but total workforce increased from 10,605 (Q1 2011) to 12,243 (Q1 2012). Includes Riley & Associates, Detlefs & Company, First Premium Insurance Group, Gary Johnson & Associates, ProSource Financial, BenefitLink Resource Group, Human Resource Management Systems, Wischmeyer Financial, and four others. | ||||
| 2011-12-31 | acquisition_addition | completed | 1,200 | 2011-05-13 | 2011-05-13 | United Kingdom | Brokerage | USD 178 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Heath Lambert operates with 1,200 professionals across 16 U.K. offices; one of 32 acquisitions completed in 2011 (~$277.0 million annualized revenues). Note 3 lists effective date as May 13, 2011 (MD&A cites May 12, 2011); $178.4 million is the total recorded purchase price per Note 3, while MD&A cites £99.7 million ($164.0 million) cash net of cash received. Integration expected to be complete by 2013. | |
| 2011-12-31 | acquisition_addition | completed | 1,200 | 2011-05-13 | United Kingdom | Brokerage | USD 178 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of HLG Holdings, Ltd. (Heath Lambert); 1,200 professionals in 16 U.K. offices; $178.4M recorded purchase price ($164.0M net cash). MD&A states effective May 12, 2011 while the footnote table shows May 13, 2011. Integration expected to take up to two years. | ||
| 2011-12-31 | acquisition_addition | completed | 2011-12-31 | United States; Australia; Canada; United Kingdom; Singapore; Bermuda | Brokerage | USD 407 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 32 acquisitions completed in 2011 with approximately $277.0 million of annualized revenues; $406.7M total recorded purchase price. Headcount added not disclosed. This program total includes the Heath Lambert acquisition reported separately above; no headcount double-count occurs as only Heath Lambert's headcount is quantified. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-05-12 | United Kingdom | Brokerage | USD 164 (millions) | Item 7. MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired HLG Holdings, Ltd. (Heath Lambert) for $164.0 million. Specific headcount added not explicitly disclosed in total, but integration costs and revenues are detailed. | |||
| 2011-12-31 | acquisition_addition | completed | 2010-10-01 | United States | Risk Management | USD 20 (millions) | Item 7. MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired GAB Robins North America, Inc. for $16.0 million cash and $4.0 million notes. Headcount impact reflected in Risk Management segment workforce growth. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-05-12 | United Kingdom | Brokerage | USD 164 (millions) | Item 7. MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquired HLG Holdings, Ltd. (Heath Lambert) for cash of $164.0 million. Heath Lambert employs 1,200 professionals. | |||
| 2011-12-31 | acquisition_addition | completed | 2010-10-01 | United States | Risk Management | USD 20 (millions) | Item 7. MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquired substantially all assets of GAB Robins North America for $16.0 million cash and $4.0 million notes payable. Headcount increase not explicitly quantified in total, but integration costs and headcount increases noted in compensation expense discussion. | |||
| 2011-09-30 | acquisition_addition | completed | 1,200 | 2011-05-13 | United Kingdom | Brokerage | USD 178 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price per Note 3; MD&A states effective May 12, 2011 while Note 3 lists May 13, 2011. Count is the 1,200 professionals of the acquired business, not a verified headcount addition. | ||
| 2011-09-30 | acquisition_addition | completed | Multiple (16 countries of operations; business in 110+ countries) | Brokerage | USD 334 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twenty-one acquisitions completed in the nine months ended Sept 30, 2011 (including Heath Lambert, captured separately), aggregate recorded purchase price $334.0 million and annualized revenues of $234.8 million; headcount added not disclosed for these entities. | ||||
| 2011-09-30 | acquisition_addition | completed | 2011-05-13 | United Kingdom | Brokerage | USD 164 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Heath Lambert Holdings, Ltd. for $164.0 million. The transaction involves 1,200 professionals in 16 offices throughout the U.K. | |||
| 2011-09-30 | acquisition_addition | completed | 2010-10-01 | North America | Risk Management | USD 20 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired GAB Robins North America, Inc. for $16.0 million cash and $4.0 million notes payable. Includes third-party administrator assets and managed care service operations. | |||
| 2011-09-30 | acquisition_addition | completed | 2011-05-12 | United Kingdom | Brokerage | USD 164 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquired Heath Lambert for $164.0 million. Operations include 1,200 professionals. | |||
| 2011-09-30 | acquisition_addition | completed | 2010-10-01 | North America | Risk Management | USD 20 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquired GAB Robins North America assets for $16.0 million cash and $4.0 million notes. Headcount not explicitly quantified in filing. | |||
| 2011-06-30 | acquisition_addition | completed | 1,200 | 2011-05-13 | United Kingdom | Brokerage | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Count is the acquired firm's professional headcount (16 offices). MD&A states effective May 12, 2011; business combinations footnote lists May 13, 2011. Q2 2011 integration costs: $1.2M compensation, $1.8M operating. | |||
| 2011-06-30 | acquisition_addition | completed | United States; Australia; Singapore; United Kingdom | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve additional acquisitions completed January 1 through June 1, 2011 (TGA, James F. Reda, WUA, Risk Planners, BWB, Fish & Schulkamp, ITI Solutions, MRA, Bushong, IFS, Mortgage Insurance Agency and one other). No headcount disclosed; aggregate annualized revenues of all 2011 acquisitions were $211.3 million. | |||||
| 2011-06-30 | restructuring | in_progress | 2010-10-01 | United States | Risk Management | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing GAB Robins integration involving severance, redundant headcount and temporary staffing; disclosed integration costs were $2.3M compensation and $0.7M operating in Q2 2011 ($5.4M and $1.8M YTD). No employee counts given. | ||||
| 2011-06-30 | acquisition_addition | completed | 2011-05-12 | United Kingdom | Brokerage | USD 164 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Heath Lambert Group Holdings, Ltd. (HLG). 1,200 professionals mentioned in narrative. Total headcount added via all 2011 acquisitions not explicitly quantified as a single workforce action, but segment headcount increased from 6,186 to 7,848 in Brokerage and 3,605 to 4,219 in Risk Management. | |||
| 2011-06-30 | acquisition_addition | completed | 2010-10-01 | United States | Risk Management | USD 20 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of GAB Robins North America, Inc. assets and operations. Cash of $16.0 million and notes payable of $4.0 million. | |||
| 2011-06-30 | acquisition_addition | completed | 2011-06-30 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Headcount increased by $25.3 million in aggregate cost for Q2 and $41.4 million for YTD, relating to employees associated with acquisitions completed in the twelve-month period ended June 30, 2011 and new production hires. Specific headcount count not disclosed. | ||||
| 2011-06-30 | acquisition_addition | completed | 2011-06-30 | Global | Risk Management | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Headcount increased due to GAB Robins integration and new hires. Specific headcount count not disclosed. | ||||
| 2011-03-31 | acquisition_addition | completed | 2011-01-01 | Brokerage | USD 14 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of The Gleason Agency, Inc. and affiliate Gleason Financial, Ltd.; total recorded purchase price $14.4M (stock, cash and escrow). Headcount added not disclosed. | ||||
| 2011-03-31 | acquisition_addition | completed | 2011-02-01 | Brokerage | USD 4 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of James F. Reda & Associates, LLC; total recorded purchase price $4.2M. Headcount added not disclosed. | ||||
| 2011-03-31 | acquisition_addition | completed | 2011-03-02 | Brokerage | USD 19 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Woodbrook Underwriting Agencies Limited; total recorded purchase price $18.7M. Headcount added not disclosed. | ||||
| 2011-03-31 | acquisition_addition | completed | 2011-03-04 | Brokerage | USD 7 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Risk Planners, Inc. (all cash); total recorded purchase price $7.2M. Headcount added not disclosed. | ||||
| 2011-03-31 | acquisition_addition | completed | 2011-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of The Gleason Agency, Inc. and affiliate. Headcount not explicitly disclosed in footnote, but included in segment total. | ||||
| 2011-03-31 | acquisition_addition | completed | 2011-02-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of James F. Reda & Associates, LLC. Headcount not explicitly disclosed in footnote. | ||||
| 2011-03-31 | acquisition_addition | completed | 2011-03-02 | United Kingdom | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Woodbrook Underwriting Agencies Limited. Headcount not explicitly disclosed in footnote. | ||||
| 2011-03-31 | acquisition_addition | completed | 2011-03-04 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Risk Planners, Inc. Headcount not explicitly disclosed in footnote. | ||||
| 2011-03-31 | restructuring | in_progress | 2011-01-01 | United States | Risk Management | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | GAB Robins integration costs including severance, redundant headcount, and temporary staffing. Specific employee count not disclosed. | |||
| 2011-03-31 | acquisition_addition | completed | 2011-03-31 | Global | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired TGA, JFR, WUA, and RPI. Headcount added not explicitly quantified, but reflected in segment workforce totals. | ||||
| 2011-03-31 | acquisition_addition | completed | 2010-10-01 | North America | Risk Management | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquired GAB Robins North America effective Oct 1, 2010. Headcount added not explicitly quantified, but reflected in segment workforce totals. | ||||
| 2010-12-31 | acquisition_addition | completed | Brokerage | MD&A f5-10k / GLM-5.3-flash-HTML | Eighteen brokerage acquisitions closed during 2010, representing $95.1 million of annualized acquired revenues. Headcount added through these deals is not quantified; the brokerage workforce table states its year-end figure includes acquisitions. | ||||||
| 2010-12-31 | acquisition_addition | completed | 2010-10-01 | Risk Management | USD 20 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Effective October 1, 2010; total recorded purchase price of $20.0 million (cash of $16.0 million plus notes payable of $4.0 million), with expected annual revenues of approximately $50.0 million. Headcount added is not quantified; MD&A cites increased headcount associated with this acquisition. | ||||
| 2010-12-31 | acquisition_addition | completed | Brokerage — retail insurance brokerage | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Subsequent event: acquisition effective January 1, 2011 for approximately $4.3 million in cash, 342,000 shares of common stock and a contingent earnout obligation of up to $6.0 million. Headcount added is not disclosed. | ||||||
| 2010-12-31 | acquisition_addition | completed | United States and international | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 18 brokerage-segment acquisitions completed in 2010 representing $95.1 million of annualized acquired revenues; headcount added not disclosed. | |||||
| 2010-12-31 | acquisition_addition | completed | 2010-10-01 | United States | Risk Management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Third-party administrator assets and managed care operations acquired for $16.0 million cash plus $4.0 million notes; expected to generate approximately $50.0 million in annual revenues; headcount added not disclosed. | ||||
| 2010-12-31 | acquisition_addition | completed | 2011-01-01 | 2011-01-01 | United States | Brokerage | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: The Gleason Agency, Inc. and Gleason Financial Ltd. acquired effective January 1, 2011 for approximately $4.3 million cash, 342,000 shares and a contingent earnout of $6.0 million; headcount not disclosed. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-12-31 | United States | Brokerage | Item 1 Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 18 acquisitions closed in 2010 in brokerage segment. Headcount not explicitly quantified for these specific acquisitions, but workforce increased from 5,890 to 6,275. | ||||
| 2010-12-31 | acquisition_addition | completed | 2010-10-01 | United States | Risk Management | Item 7 MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired GAB Robins North America Inc. effective October 1, 2010. Workforce increased from 3,741 to 4,227, implying ~486 new employees, though exact count not stated. | ||||
| 2010-09-30 | acquisition_addition | announced | 400 | 2010-10-01 | United States | Risk Management | USD 20 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states 'over 400' GABR professionals will join Gallagher; count recorded as 400. Charge shown is the ~$20.0 million purchase price, not a severance charge; acquisition effective October 1, 2010 (after quarter end). | ||
| 2010-09-30 | acquisition_addition | completed | Brokerage | USD 80 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve brokerage acquisitions completed in the nine months ended September 30, 2010 (including acquisition of the remaining 60% of Specialised Broking Associates effective July 1, 2010); headcount added through these acquisitions is not disclosed. Charge shown is the total recorded purchase price. | |||||
| 2010-06-30 | acquisition_addition | completed | Primarily United States; includes United Kingdom | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eight brokerage acquisitions completed between 2010-02-12 and 2010-06-01 (Securitas Re, Winn & Company, FirstCity Partnership, Risk & Reward Group, Bowen Miclette Britt, Joseph James and two others); total recorded purchase price $52.4 million. Headcount added through these acquisitions is not disclosed. Annualized revenues of the acquired entities were approximately $44.2 million. | |||||
| 2010-06-30 | restructuring | completed | 230 | 2009-10-01 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of middle and back office workforce through job elimination and attrition in Q4 2009. Estimated annual pretax cost savings of $22.0 million. | |||
| 2010-06-30 | restructuring | completed | 170 | 2009-10-01 | Global | Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of middle and back office workforce through job elimination and attrition in Q4 2009. Estimated annual pretax cost savings of $12.0 million. | |||
| 2010-06-30 | restructuring | completed | 230 | 4% | 2009-10-01 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reduction of middle and back office workforce through job elimination and attrition in Q4 2009. Estimated annual pretax cost savings of $22.0 million. | ||
| 2010-06-30 | restructuring | completed | 170 | 4% | 2009-10-01 | Global | Risk Management | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reduction of middle and back office workforce through job elimination and attrition in Q4 2009. Estimated annual pretax cost savings of $12.0 million. | ||
| 2010-03-31 | reduction_in_force | completed | 230 | Not specified | Brokerage Segment — middle and back office | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Occurred in fourth quarter 2009 (prior period), disclosed in current MD&A as context for compensation trends; described as roughly 4% of global workforce via job elimination and attrition, with estimated future annual pretax savings of about $22.0 million, partly offset by $10.0-$11.0 million of increased medical, salary and incentive costs for remaining staff. | ||||
| 2010-03-31 | reduction_in_force | completed | 170 | Not specified | Risk Management Segment — middle and back office | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Occurred in fourth quarter 2009 (prior period), disclosed in current MD&A; described as roughly 4% of global workforce via job elimination and attrition, with estimated future annual pretax savings of about $12.0 million, offset by $2.0-$3.0 million of increased costs for remaining staff. | ||||
| 2010-03-31 | acquisition_addition | completed | 2010-02-12 | Not specified | Brokerage Segment | USD 1 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all net assets of Securitas Re (SRE); total recorded purchase price $1.3 million. Employee headcount added not disclosed. | |||
| 2010-03-31 | acquisition_addition | completed | 2010-03-01 | Not specified | Brokerage Segment | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Winn & Company Insurance Brokers (WIB); total recorded purchase price $5.1 million. Employee headcount added not disclosed. | |||
| 2010-03-31 | acquisition_addition | completed | 2010-03-01 | Not specified | Brokerage Segment | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of The Griffin Agency (TGA); total recorded purchase price $1.7 million. Employee headcount added not disclosed. | |||
| 2010-03-31 | acquisition_addition | announced | 2010-04-01 | 2010-04-01 | London, England | Brokerage Segment | USD 32 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: effective April 1, 2010 Gallagher acquired the insurance brokerage business of FirstCity Partnership Limited for about $32.0 million in cash and stock; estimated annualized revenues about $30.0 million. Employee headcount added not disclosed. | ||
| 2010-03-31 | restructuring | completed | 230 | 2009-10-01 | 2009-12-31 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of middle and back office workforce through job elimination and attrition in Q4 2009. Estimated future annual pretax cost savings of $22.0 million. | ||
| 2010-03-31 | restructuring | completed | 170 | 2009-10-01 | 2009-12-31 | Global | Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of middle and back office workforce through job elimination and attrition in Q4 2009. Estimated future annual pretax cost savings of $12.0 million. | ||
| 2010-03-31 | restructuring | completed | 230 | 4% | 2009-10-01 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reduction of middle and back office workforce through job elimination and attrition in Q4 2009. Estimated annual pretax savings of $22.0 million. | ||
| 2010-03-31 | restructuring | completed | 170 | 4% | 2009-10-01 | Global | Risk Management | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reduction of middle and back office workforce through job elimination and attrition in Q4 2009. Estimated annual pretax savings of $12.0 million. | ||
| 2009-12-31 | restructuring | completed | 230 | 2009-12-31 | Brokerage — middle and back office | USD 5 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Q4 2009 pretax charge covers the position reduction plus termination of certain office leases, under a previously announced company-wide plan of approximately 400 positions completed in Q4 2009. Estimated future annual pretax savings of about $22.0 million, partially offset by $10.0–$11.0 million of higher employee medical, salary and incentive costs for the remaining workforce. Original plan announcement date is not stated in this filing. | |||
| 2009-12-31 | restructuring | completed | 170 | 2009-12-31 | Risk Management — middle and back office | USD 7 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Q4 2009 pretax charge covers the position reduction plus termination of certain office leases, part of the same previously announced company-wide plan of approximately 400 positions (230 Brokerage + 170 Risk Management) completed in Q4 2009. Estimated future annual pretax savings of about $12.0 million, partially offset by $2.0–$3.0 million of higher costs for the remaining workforce. | |||
| 2009-12-31 | acquisition_addition | completed | 75 | 2009-02-27 | United States — Midwest and Southeast regions | Brokerage | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Approximately 75 Liberty Mutual producers hired as part of the acquisition of policy renewal rights from Liberty Mutual's middle-market commercial P/C brokers (LMW transaction effective February 27, 2009 per Note 4). The national producer group of Wausau Signature Agency was also hired under the related renewal-rights acquisition; its headcount is not disclosed. | |||
| 2009-12-31 | divestiture_reduction | completed | 2009-01 | 2009-01 | United States | Brokerage — reinsurance brokerage (discontinued operations) | USD 4 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | January 2009 sale of all remaining run-off obligations of the U.S. reinsurance brokerage business; restricted cash, receivables and liabilities were transferred to the buyer. No headcount disclosed — the reinsurance workforce had been reported in discontinued operations since 2008. The $3.5 million represents 2009 lease-termination and other real-estate costs incurred while winding down the remaining leased facilities of these operations. | ||
| 2009-12-31 | restructuring | completed | 230 | 2009-12-31 | United States | Brokerage Segment — middle and back office | USD 5 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed in Q4 2009; pretax charge also covers termination of certain office leases. Estimated future annual pretax savings of about $22.0 million. Specific announcement date not disclosed. | ||
| 2009-12-31 | restructuring | completed | 170 | 2009-12-31 | United States | Risk Management Segment — middle and back office | USD 7 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed in Q4 2009; pretax charge also covers termination of certain office leases. Estimated future annual pretax savings of about $12.0 million. Specific announcement date not disclosed. | ||
| 2009-12-31 | acquisition_addition | completed | 2009-12-31 | United States | Brokerage Segment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fifteen acquisitions completed in 2009. Approximately 75 Liberty Mutual producers were hired in connection with the February 2009 renewal-rights transaction; total headcount added through 2009 acquisitions is not disclosed. | ||||
| 2009-12-31 | divestiture_reduction | completed | 2009-01-31 | 2009-12-31 | United States | U.S. reinsurance brokerage (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Run-off obligations of the U.S. reinsurance brokerage business sold in January 2009; associated headcount not disclosed. Related lease termination and other real estate costs of $3.5 million recorded in 2009. | |||
| 2009-12-31 | restructuring | completed | 400 | Global | Middle and back office | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Completion of plan to reduce and reorganize middle and back office workforce by approximately 400 positions and termination of certain office leases in Q4 2009. Pretax charges totaled approximately $11.8 million. | |||
| 2009-12-31 | acquisition_addition | completed | 75 | Midwest and Southeast | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Hired approximately seventy-five Liberty Mutual producers in Midwest and Southeast regions as part of acquisition of policy renewal rights. | ||||
| 2009-12-31 | acquisition_addition | completed | National | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Hired the national producer group from Wausau Signature Agency as part of acquisition of policy renewal rights. Specific headcount not disclosed. | |||||
| 2009-12-31 | restructuring | completed | 400 | 2009-12-31 | 2009-12-31 | Global | Middle and back office | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Pretax charges of $11.8 million recorded in Q4 2009 for reduction and reorganization of middle and back office workforce by approximately 400 positions and termination of certain office leases. | |
| 2009-12-31 | acquisition_addition | completed | 75 | 2009-02-27 | 2009-02-27 | Midwest and Southeast | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Hired approximately seventy-five Liberty Mutual producers as part of acquisition of policy renewal rights. | ||
| 2009-09-30 | restructuring | announced | 230 | 4% | 2009-10-27 | 2010-01-31 | Global | Brokerage — middle and back office | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced 2009-10-27, after quarter end; reduction of approximately 230 positions (approximately 4% of global workforce as stated by filer) via job elimination and attrition. Expected nonrecurring pretax severance charge of USD 5.0 to 7.0 million recorded in Q4 2009; filer estimates annual pretax cost savings of USD 16.0 to 18.0 million. | |
| 2009-09-30 | restructuring | announced | 170 | 4% | 2009-10-27 | 2010-01-31 | Global | Risk Management — middle and back office | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same announced program as the Brokerage component (consolidated total of approximately 400 positions, or approximately 4% of global workforce, with an aggregate expected pretax severance charge of USD 10.0 to 13.0 million). Reduction of approximately 170 positions via job elimination and attrition; expected nonrecurring pretax severance charge of USD 5.0 to 6.0 million in Q4 2009; estimated annual pretax cost savings of USD 9.0 to 10.0 million. Filer states approximately 4% without specifying whether the basis is segment or global workforce. | |
| 2009-09-30 | acquisition_addition | completed | Global | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven acquisitions completed in the nine-month period ended 2009-09-30 (total recorded purchase price USD 131.9 million; annualized revenues of acquired entities approximately USD 83.7 million). No headcount added through these acquisitions is disclosed. | |||||
| 2009-09-30 | divestiture_reduction | completed | 2009-01-01 | United States | U.S. reinsurance brokerage operations (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | In January 2009 Gallagher sold all remaining run-off obligations of its U.S. reinsurance brokerage operations, transferring restricted cash of USD 10.7 million, receivables of USD 128.7 million and liabilities of USD 139.4 million to the buyer. No associated headcount is disclosed. Exact announcement day within January 2009 not specified. | ||||
| 2009-09-30 | restructuring | announced | 400 | 4% | 2009-10-27 | 2010-01-31 | Global | Middle and back office | USD 12 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced reduction of ~400 positions (4% of global workforce) via job elimination and attrition. Expected pretax charge of $10.0-$13.0 million for severance costs. Completion by Jan 31, 2010. |
| 2009-09-30 | restructuring | announced | 230 | 2009-10-27 | 2010-01-31 | Global | Brokerage Segment - Middle and back office | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Subset of global restructuring. Brokerage segment expects to reduce workforce by ~230 positions (4% of global workforce). Expected pretax charge of $5.0-$7.0 million. Midpoint used for charge value. | |
| 2009-09-30 | restructuring | announced | 170 | 2009-10-27 | 2010-01-31 | Global | Risk Management Segment - Middle and back office | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Subset of global restructuring. Risk Management segment expects to reduce workforce by ~170 positions (4% of global workforce). Expected pretax charge of $5.0-$6.0 million. Midpoint used for charge value. | |
| 2009-09-30 | restructuring | announced | 230 | 4% | 2009-10-27 | 2010-01-31 | Global | Brokerage - Middle and Back Office | USD 6 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced Oct 27, 2009. Expected pretax charge $5.0-$7.0 million. Annual savings $16.0-$18.0 million. |
| 2009-09-30 | restructuring | announced | 170 | 4% | 2009-10-27 | 2010-01-31 | Global | Risk Management - Middle and Back Office | USD 6 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced Oct 27, 2009. Expected pretax charge $5.0-$6.0 million. Annual savings $9.0-$10.0 million. |
| 2009-06-30 | acquisition_addition | completed | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine acquisitions completed during the six-month period ended June 30, 2009 (effective dates from January 1 to June 1, 2009), with total recorded purchase price of $130.4 million. The footnote discloses purchase price allocations but no employee counts added; MD&A attributes the increase in segment headcount and compensation expense to these acquisitions. | |||||
| 2009-06-30 | divestiture_reduction | completed | 2009-01 | United States | Reinsurance brokerage (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | In January 2009 Gallagher signed and closed the sale of all remaining run-off obligations of its U.S. reinsurance brokerage operations, transferring restricted cash of $10.7 million, receivables of $128.7 million and liabilities of $139.4 million to the buyer. No employee counts associated with the divestiture are disclosed. | ||||
| 2009-06-30 | acquisition_addition | completed | 2009-06-30 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Headcount increase in 2009 relates to addition of employees associated with acquisitions made in the last twelve months. Specific headcount numbers for acquisitions not disclosed, but total Brokerage workforce increased from 5,440 (June 2008) to 6,076 (June 2009). | ||||
| 2009-06-30 | divestiture_reduction | completed | 2009-01-01 | United States | Discontinued Operations | Notes to Consolidated Financial Statements f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | In January 2009, Gallagher signed and closed a definitive agreement to sell all remaining run-off obligations of the U.S. reinsurance brokerage operations. Specific headcount reduction not disclosed. | ||||
| 2009-03-31 | acquisition_addition | completed | 2009-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of policy renewal rights and net assets effective January 1, 2009; total recorded purchase price $12.0 million. Employees added not disclosed. | ||||
| 2009-03-31 | acquisition_addition | completed | 2009-02-10 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition effective February 10, 2009; total recorded purchase price $1.4 million. Employees added not disclosed. | ||||
| 2009-03-31 | acquisition_addition | completed | 2009-02-27 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Largest of the three Q1 2009 acquisitions; total recorded purchase price $94.5 million, including $49.1 million recorded earnout payable. Employees added not disclosed. | ||||
| 2009-03-31 | divestiture_reduction | completed | 2009-01 | United States | Reinsurance brokerage (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Signed and closed sale of all remaining run-off obligations of the U.S. reinsurance brokerage operations in January 2009; transferred restricted cash of $10.7 million, receivables of $128.7 million and liabilities of $139.4 million. Employees affected not disclosed. | ||||
| 2008-12-31 | divestiture_reduction | in_progress | 2007-12 | 2009-01 | Global (U.S. and U.K.) | Brokerage — reinsurance brokerage (reported as discontinued operations) | USD 6 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Exit determination made in Q4 2007; definitive sale agreements signed Q1 2008 with initial proceeds of $31.8M cash plus a $1.3M note. Severance and other compensation costs of $5.9M in the gain on disposal, plus $14.3M of severance and other compensation costs in discontinued operations (not allocated between Irish and reinsurance wind-downs) and $6.6M of lease termination and real estate costs in 2008. Remaining U.S. run-off obligations sold and closed January 2009 (restricted cash $10.7M, receivables $128.7M, liabilities $139.4M transferred); ~$4.5M additional lease wind-down costs expected in Q1 2009. Affected headcount not disclosed. | ||
| 2008-12-31 | restructuring | completed | 2007-12 | 2008-09 | Ireland | Brokerage — Irish wholesale brokerage (reported as discontinued operations) | USD 13 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Exit determined in Q4 2007; sale efforts abandoned in Q3 2008 and the operations ceased. $13.0M goodwill write-off specifically attributed to the Irish wholesale brokerage operation; broader discontinued-operations charges included $14.3M severance and $10.1M fixed asset and lease write-offs, not allocated by business. Affected headcount not disclosed. | ||
| 2008-12-31 | acquisition_addition | completed | United States and Australia | Brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Thirty-seven insurance brokerage acquisitions completed throughout 2008 (first effective January 1, 2008) plus a 40% equity interest in an Australian broker in October 2008; combined recorded purchase price $350.5M and annualized acquired revenues ~$165.6M. Segment workforce tables state year-end headcount includes acquisitions; employee counts added were not separately disclosed. | |||||
| 2008-12-31 | acquisition_addition | announced | 120 | 2009-01-21 | 2009-03-01 | United States (Midwest and Southeast regions) | Brokerage — retail commercial P/C brokerage | subsequent_events f5-10k / GLM-5.3-flash-HTML | Agreement to acquire policy renewal rights from Liberty Mutual's middle-market commercial P/C brokers and from Wausau Signature Agency; approximately 75 Liberty Mutual producers plus the Wausau national producer group expected, totaling ~120 new insurance sales professionals. Initial payment ~$44M in cash and stock; additional payments up to $120M based on revenues; expected close on or about March 1, 2009. | ||
| 2008-12-31 | acquisition_addition | completed | 2009-01-30 | United States | Brokerage — retail insurance brokerage | subsequent_events f5-10k / GLM-5.3-flash-HTML | Acquired January 30, 2009 for approximately 450,000 common shares plus a $7.0M contingent earnout payable in stock if earned; employee count not disclosed. | ||||
| 2008-12-31 | acquisition_addition | completed | 2008-12-31 | 2008-12-31 | Primarily United States | Brokerage | USD 351 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Thirty-seven insurance brokerage firms acquired during 2008 for $350.5 million recorded purchase price; headcount added not disclosed. Annualized revenues of entities acquired in 2008 were approximately $165.6 million. | ||
| 2008-12-31 | divestiture_reduction | completed | 2008-03-31 | 2008-12-31 | United States and United Kingdom | Brokerage — global reinsurance brokerage operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreements signed in Q1 2008 to sell substantially all reinsurance brokerage business; operations reclassified to discontinued operations. Headcount removed not disclosed. | |||
| 2008-12-31 | plant_closure | completed | 2008-09-30 | 2008-09-30 | Ireland | Brokerage — Irish wholesale brokerage operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | In Q3 2008 Gallagher abandoned sale efforts and ceased its small Irish wholesale brokerage operations; goodwill write-off of $13.0 million and severance and other compensation costs of $14.3 million recorded within discontinued operations. Headcount affected not disclosed. | |||
| 2008-12-31 | acquisition_addition | announced | 120 | 2009-01-21 | 2009-03-01 | United States (Midwest, Southeast and Wausau, Wisconsin) | Brokerage — retail commercial P/C brokerage | USD 44 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: agreement to acquire renewal rights from Liberty Mutual middle-market brokers and Wausau Signature Agency, expected to add approximately 120 insurance sales professionals (including about 75 Liberty Mutual producers). Initial payment approximately $44 million, with additional contingent payments up to $120 million. | |
| 2008-12-31 | acquisition_addition | completed | 2009-01-30 | 2009-01-30 | United States | Brokerage — retail insurance brokerage | USD 7 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: acquisition of net assets of PartnerSource, Inc. for approximately 450,000 shares plus a contingent earnout of $7.0 million payable in stock; headcount added not disclosed. | ||
| 2008-12-31 | acquisition_addition | completed | 2008-01-01 | 2008-12-31 | United States | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher acquired substantially all the net assets or common stock of thirty-seven insurance brokerage firms in 2008. Specific headcount added is not disclosed, but workforce increased from 9,102 in 2007 to 9,863 in continuing operations in 2008. | |||
| 2008-12-31 | divestiture_reduction | completed | 2008-03-01 | 2008-09-30 | Global | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher exited global reinsurance operations and Irish wholesale brokerage operations. Revenues and expenses reclassified to discontinued operations. Specific headcount reduction not disclosed. | |||
| 2008-12-31 | acquisition_addition | announced | 120 | 2009-01-21 | 2009-03-01 | United States | Brokerage | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of policy renewal rights from Liberty Mutual and Wausau Signature Agency; expected to hire approx 120 new insurance sales professionals. | ||
| 2008-12-31 | acquisition_addition | completed | 2009-01-30 | 2009-01-30 | United States | Brokerage | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Acquired substantially all net assets of PartnerSource, Inc. Employee count not explicitly disclosed for this specific transaction. | |||
| 2008-12-31 | restructuring | completed | 2008-09-30 | 2008-09-30 | Ireland | Brokerage | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Abandoned efforts to sell Irish wholesale brokerage operations and ceased those operations in Q3 2008. Specific headcount not disclosed. | |||
| 2008-09-30 | acquisition_addition | completed | United States and international | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twenty-eight brokerage firm acquisitions completed in the nine-month period ended 2008-09-30 (recorded purchase price $230.2 million); headcount added through these acquisitions is not disclosed. | |||||
| 2008-09-30 | divestiture_reduction | completed | Global | Brokerage — reinsurance brokerage operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreements signed in Q1 2008 to sell substantially all reinsurance brokerage business; $31.8 million cash proceeds received. Related severance and other compensation costs of $5.9 million recognized; $1.0 million of lease termination costs recorded in Q3 2008 with about $8.0 million more expected in Q4 2008. Employee counts not disclosed. | |||||
| 2008-09-30 | other | completed | Ireland | Brokerage — Irish wholesale brokerage operation | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | In Q3 2008 Gallagher abandoned sale efforts and ceased its Irish wholesale brokerage operation; discontinued-ops severance and other compensation costs of $14.3 million and a $13.0 million goodwill write-off were recorded. Employee counts not disclosed. | |||||
| 2008-09-30 | divestiture_reduction | completed | 2008-07-01 | 2008-09-30 | Ireland | Brokerage | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher abandoned efforts to sell its small Irish wholesale brokerage operation and ceased those operations in Q3 2008. The filing discloses $14.3 million in severance and other compensation costs related to this cessation, but does not specify the number of employees affected. | ||
| 2008-09-30 | divestiture_reduction | in_progress | 2008-01-01 | 2008-12-31 | Global | Brokerage | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of substantially all on-going reinsurance brokerage business completed in Q1 2008. Filing discloses $5.9 million in severance and other compensation costs. No specific employee count provided. | ||
| 2008-09-30 | divestiture_reduction | completed | 2008-09-30 | 2008-09-30 | Ireland | Brokerage | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Gallagher abandoned efforts to sell its small Irish wholesale brokerage operation and ceased those operations in the third quarter. Severance and other compensation costs of $14.3 million were recorded. | ||
| 2008-09-30 | divestiture_reduction | completed | 2008-03-31 | 2008-03-31 | Global | Brokerage | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Gallagher sold substantially all of its on-going reinsurance brokerage business in the first quarter. Severance and other compensation costs of $5.9 million were recorded. | ||
| 2008-06-30 | divestiture_reduction | in_progress | 2008-01 | 2008-12-31 | Global; Ireland | Brokerage (global reinsurance operations and Irish wholesale brokerage) | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and other compensation costs of $14.3M within loss from discontinued operations, plus $5.9M severance recorded within gain on disposal; headcount not disclosed. Reinsurance sale signed Q1 2008 ($31.8M cash proceeds); Irish operation still being sold. Additional ~$15.0M lease termination costs expected in Q3/Q4 2008. | ||
| 2008-06-30 | acquisition_addition | completed | United States | Brokerage | USD 136 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twenty acquisitions completed in the six-month period ended June 30, 2008 with recorded purchase price of $135.8M; acquired headcount not disclosed. Annualized revenues of acquired entities approximately $57.5M. MD&A states segment workforce increases primarily reflect acquisition employees. | ||||
| 2008-06-30 | divestiture_reduction | in_progress | 2008-01-01 | Global | Brokerage (Reinsurance and Irish Wholesale) | USD 20 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher announced plans to sell global reinsurance and Irish wholesale brokerage operations in Jan 2008. Six-month 2008 charges include $5.9M severance/compensation for sale and $14.3M severance/compensation for discontinued operations (Irish wholesale wind-down). Total severance/compensation charges of $20.2M. | |||
| 2008-06-30 | acquisition_addition | completed | 2008-01-01 | 2008-06-30 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Completed 20 acquisitions in the six-month period ended June 30, 2008. Headcount added is included in the Brokerage segment workforce total of 5,440 as of June 30, 2008. Specific employee counts per acquisition not disclosed. | |||
| 2008-06-30 | restructuring | in_progress | 2008-01-01 | Global | Reinsurance Brokerage and Irish Wholesale Brokerage | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of global reinsurance operations and Irish wholesale brokerage. Includes $5.9M severance related to disposal and $14.3M severance related to ongoing discontinued operations losses. | |||
| 2008-03-31 | divestiture_reduction | in_progress | 2008-02-22 | 2008-12-31 | Global (U.S., U.K., Ireland) | Brokerage — global reinsurance operations and Irish wholesale brokerage | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of discontinued operations; no employee counts disclosed. Severance and other compensation costs of $13.9M recorded in loss from discontinued operations plus $5.9M recorded within the gain on disposal; approximately $15.0M of lease termination costs expected in Q3/Q4 2008. Initial cash proceeds of $31.8M received in Q1 2008. | ||
| 2008-03-31 | acquisition_addition | completed | 2008-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven brokerage firms acquired during the quarter (aggregate recorded purchase price $73.9M); headcount added through these acquisitions is not disclosed. Segment workforce counts are labeled as including acquisitions. | ||||
| 2008-03-31 | restructuring | in_progress | 2008-01-01 | Global | Reinsurance Brokerage and Irish Wholesale Brokerage | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced plans to sell global reinsurance operations and Irish wholesale brokerage. Loss includes $13.0M goodwill write-off, $13.9M severance/compensation costs, $4.9M service obligations, and $3.5M fixed asset/lease write-offs. No specific employee count disclosed. | |||
| 2008-03-31 | acquisition_addition | completed | 2008-01-01 | Various | Brokerage | USD 74 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Eleven acquisitions completed in Q1 2008 (e.g., CEM, YPI, DMR, LGA, HRS, PCG). Total recorded purchase price $73.9M. Specific headcount additions not disclosed, but Brokerage workforce increased by 410 employees vs prior year end. | |||
| 2008-03-31 | restructuring | in_progress | 2008-01-01 | 2008-12-31 | Global | Brokerage | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of global reinsurance operations and Irish wholesale brokerage. Includes $5.9M severance and other compensation costs related to the sale of reinsurance brokerage business and $13.9M severance and other compensation costs related to the Irish wholesale brokerage operation. Employee count not explicitly disclosed. | ||
| 2007-12-31 | acquisition_addition | completed | 2007 | United States and Canada | Brokerage | USD 218 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Twenty-one insurance brokerage firms acquired during 2007 (effective dates spanning January 1 through December 31, 2007) for common stock and/or cash; recorded purchase price $218.4 million. MD&A attributes the 2007 headcount increase primarily to these acquisitions, but no employee count is quantified. | |||
| 2007-12-31 | divestiture_reduction | announced | 2008-01 | Global reinsurance operations; Ireland (wholesale brokerage) | Brokerage | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | A fourth-quarter 2007 strategic review led to a decision to exit both operations; in January 2008 the filer announced plans to sell reinsurance brokerage and was pursuing alternatives for the Irish wholesale business. Combined 2007 revenues of $51.8 million reclassified to discontinued operations; no headcount figure disclosed. | ||||
| 2007-12-31 | acquisition_addition | completed | 2008-01-30 | United States | Brokerage — retail insurance brokerage | USD 7 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-year-end acquisition of substantially all net assets of Crist Elliott Machette Insurance Services, Inc.; consideration of 82,000 shares, $7.3 million cash and a $2.0 million contingent earnout. No headcount disclosed. | |||
| 2007-12-31 | acquisition_addition | completed | 2008-01-31 | United States | Investment consulting (segment not specified) | USD 8 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-year-end acquisition of substantially all net assets of Yanni Partners, Inc., an investment consulting business; $8.1 million cash plus an $11.5 million contingent earnout. No headcount disclosed. | |||
| 2007-12-31 | acquisition_addition | completed | 2008-01-31 | United States | Investment consulting (segment not specified) | USD 2 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-year-end acquisition of substantially all net assets of Petty Burton & Associates, Inc., an investment consulting business; $2.0 million cash plus a $0.5 million contingent earnout. No headcount disclosed. | |||
| 2007-12-31 | acquisition_addition | completed | 2007-12-31 | United States, Canada | Brokerage | USD 218 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Twenty-one insurance brokerage firms acquired during 2007 for $218.4M recorded purchase price; annualized revenues of acquired entities were approximately $99.3M. No headcount added disclosed. | |||
| 2007-12-31 | divestiture_reduction | announced | 2008-01-31 | Global (reinsurance); Ireland (wholesale brokerage) | Brokerage | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strategic review in Q4 2007 led to decision to exit global reinsurance and Irish wholesale brokerage operations; sale announced January 2008. Reclassified to discontinued operations for all periods; no headcount disclosed. | ||||
| 2007-12-31 | acquisition_addition | completed | 2008-01-30 | 2008-01-30 | United States | Brokerage | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Crist Elliott Machette Insurance Services acquired for 82,000 shares, $7.3M cash and up to $2.0M contingent earnout; no headcount disclosed. | |||
| 2007-12-31 | acquisition_addition | completed | 2008-01-31 | 2008-01-31 | United States | Brokerage | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Yanni Partners, Inc. (investment consulting) acquired for $8.1M cash and up to $11.5M contingent earnout; no headcount disclosed. | |||
| 2007-12-31 | acquisition_addition | completed | 2008-01-31 | 2008-01-31 | United States | Brokerage | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Petty Burton & Associates, Inc. (investment consulting) acquired for $2.0M cash and up to $0.5M contingent earnout; no headcount disclosed. | |||
| 2007-09-30 | acquisition_addition | completed | 2007-01-01 | Various | Brokerage | USD 120 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher acquired 13 insurance brokerage firms in the nine-month period ended September 30, 2007. Total recorded purchase price was $120.1 million. Specific headcount additions were not disclosed. | |||
| 2007-09-30 | restructuring | completed | Various | Various | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | MD&A cites $2.1 million in severance costs in the Brokerage segment and $0.5 million in operating expenses related to severance. Total severance impact approximated $2.6 million. Employee counts not disclosed. | ||||
| 2007-09-30 | acquisition_addition | completed | 2007-09-30 | Global | Brokerage | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing states increase in employee headcount primarily relates to addition of employees associated with acquisitions made in the last twelve months. No specific headcount number provided for acquisitions. | ||||
| 2007-09-30 | restructuring | completed | 2007-09-30 | Global | Brokerage | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Brokerage segment incurred $2.1 million in severance costs in 2007. Employee count not disclosed. | |||
| 2007-09-30 | restructuring | completed | 2007-09-30 | Global | Brokerage | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Brokerage segment incurred $0.5 million in severance related costs in operating expenses in 2007. Employee count not disclosed. | |||
| 2007-06-30 | acquisition_addition | completed | 2007-01-01 | Various | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | MD&A states increase in employee headcount primarily relates to addition of employees associated with acquisitions made in the last twelve months. Specific headcount numbers for acquisitions are not disclosed. | ||||
| 2007-03-31 | acquisition_addition | completed | 2007-01-01 | 2007-03-01 | United States, Canada | Brokerage | USD 88 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Seven insurance brokerage acquisitions completed Jan–Mar 2007 (FPI, IIG, FIS, LLG, EBI, TPC, ISG). Total recorded purchase price $87.8M. Headcount added not disclosed. Annualized revenues of acquired entities ~$39.5M. | ||
| 2007-03-31 | divestiture_reduction | completed | 2006-12-22 | 2007-01-25 | France | Financial Services | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 90% interest in airplane leasing company (two cargo planes leased to French Postal Service). Closed 2007-01-25; $27.5M net fixed assets and $27.9M investment-related borrowings removed. Headcount impact not disclosed. | ||
| 2007-03-31 | acquisition_addition | completed | 2007-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Financial Profiles, Inc., InterNational Insurance Group, Ltd., Fishermans Insurance Services, Inc., Elite Benefits Insurance Marketing Services, Inc., The Producer’s Choice, Inc., and ISG International, Inc. MD&A notes increase in employee headcount relates to acquisitions made in last twelve months. | ||||
| 2007-03-31 | acquisition_addition | completed | 2007-02-01 | Canada | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Lowndes Lambert Group Canada, Ltd. | ||||
| 2007-03-31 | divestiture_reduction | completed | 2006-12-22 | 2007-01-25 | France | Financial Services | USD 3 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sold 90% interest in airplane leasing company. Recognized $2.7 million pretax loss. Employee count not disclosed. | ||
| 2006-12-31 | acquisition_addition | completed | Brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Eleven acquisitions completed during 2006 (ten asset purchases and one stock purchase) of insurance brokerage firms and a premium finance company; headcount additions not quantified. MD&A attributes the 2006 headcount increase primarily to employees added through acquisitions. Aggregate recorded purchase price was $116.8 million and annualized acquired revenues approximately $54.4 million; intangibles were allocated within the Brokerage Segment. | ||||||
| 2006-12-31 | acquisition_addition | completed | Primarily United States | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Eleven acquisitions completed in 2006 (ten asset purchases, one stock purchase) with $116.8 million recorded purchase price; headcount added through these acquisitions is not disclosed | |||||
| 2006-09-30 | acquisition_addition | completed | 2006-01-01 | Various | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company acquired 8 entities (BMG, SBI, YSL, RKA, LAI, TIB, CPF, TRG) during the nine-month period. Headcount not explicitly disclosed, but MD&A notes 'increase in employee headcount... primarily relates to the addition of employees associated with the acquisitions'. | ||||
| 2006-09-30 | acquisition_addition | completed | 2006-07-01 | United States | Risk Management | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | MD&A states: 'The increase in employee headcount in the latter part of 2005 and early in 2006 relates to the hiring of additional staff to support claims activity related to new business generated.' | ||||
| 2006-06-30 | acquisition_addition | completed | 2006-01-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Benefit Management Group, Inc. (BMG) effective Jan 1, 2006. Headcount not disclosed. | |||||
| 2006-06-30 | acquisition_addition | completed | 2006-04-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Sobieski & Bradley, Inc. (SBI) effective Apr 1, 2006. Headcount not disclosed. | |||||
| 2006-06-30 | acquisition_addition | completed | 2006-05-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Y. S. Liedman & Associates (YSL) effective May 1, 2006. Headcount not disclosed. | |||||
| 2006-06-30 | acquisition_addition | completed | 2006-06-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Robert Keith & Associates, Inc. (RKA) effective Jun 1, 2006. Headcount not disclosed. | |||||
| 2006-06-30 | acquisition_addition | completed | 2006-06-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Lemac & Associates, Inc. (LAI) effective Jun 1, 2006. Headcount not disclosed. | |||||
| 2006-06-30 | other | completed | 2006-06-30 | Corporate | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs of $1.3 million recognized in Q2 2006. Specific employee count not disclosed. | ||||
| 2006-06-30 | acquisition_addition | completed | 2006-01-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Benefit Management Group, Inc. (BMG). MD&A notes headcount increase relates to acquisitions made in the last twelve months, but specific employee counts for this acquisition are not disclosed. | |||||
| 2006-06-30 | acquisition_addition | completed | 2006-04-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Sobieski & Bradley, Inc. (SBI). Specific employee counts not disclosed. | |||||
| 2006-06-30 | acquisition_addition | completed | 2006-05-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Y. S. Liedman & Associates (YSL). Specific employee counts not disclosed. | |||||
| 2006-06-30 | acquisition_addition | completed | 2006-06-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Robert Keith & Associates, Inc. (RKA). Specific employee counts not disclosed. | |||||
| 2006-06-30 | acquisition_addition | completed | 2006-06-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Lemac & Associates, Inc. (LAI). Specific employee counts not disclosed. | |||||
| 2006-03-31 | acquisition_addition | completed | 2006-01-01 | Brokerage | USD 14 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Benefit Management Group, Inc. (BMG) effective January 1, 2006. Purchase price $14.4 million. MD&A states 'addition of employees associated with the acquisitions' but does not quantify headcount added. | ||||
| 2006-03-31 | acquisition_addition | completed | 2006-01-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Benefit Management Group, Inc. (BMG) on Jan 1, 2006. MD&A notes 'addition of employees associated with the acquisitions' but does not quantify headcount added. | |||||
| 2005-12-31 | acquisition_addition | completed | 2005 | Primarily United States; one acquisition in Australia | Brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Ten insurance brokerage firms acquired in 2005 (nine asset purchases, one stock purchase) for a recorded purchase price of $55.7M plus $20.2M maximum earnout payables. MD&A states the 2005 headcount increase was primarily due to these acquisitions, but no employee counts were disclosed. Annualized revenues of acquired entities were approximately $32.5M. | ||||
| 2005-12-31 | restructuring | completed | United States and United Kingdom | Brokerage — reinsurance operations | USD 19 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Described as staffing changes in U.S. and U.K. reinsurance operations; drove $18.7M of compensation expense in 2005 (mix of new hires and charges) plus $3.5M of operating costs related to staffing changes in London and reinsurance operations. Employee counts not disclosed. Brokerage also recorded $1.4M of severance costs in 2005, not explicitly attributed to this action. | ||||
| 2005-12-31 | divestiture_reduction | completed | 2005 | 2005 | Brokerage (discontinued operations) — medical claims management and auditing | USD 13 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | First quarter 2005 agreement to sell net assets of Northshore International Insurance Services (NiiS) for $4.8M cash; $12.7M pretax loss ($12.3M after tax) recognized in Q1 2005. Results reclassified to discontinued operations; headcount removed not disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005 | 2005 | Risk Management (discontinued operations) — employee benefit claim administration | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | First quarter 2005 agreement to sell all stock of Gallagher Benefit Administrators, Inc. (GBA) for $9.2M cash plus a $4.4M promissory note; $9.6M pretax gain ($6.8M after tax) recognized in Q1 2005, so no charge recorded. Results reclassified to discontinued operations; headcount removed not disclosed. | ||||
| 2005-12-31 | acquisition_addition | completed | United States and Australia | Brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ten insurance brokerage firms acquired during 2005 (nine asset purchases, one stock purchase) with effective dates from 2005-01-01 to 2005-12-31; aggregate recorded purchase price $55.7 million and annualized revenues of acquired entities of approximately $32.5 million. No headcount acquired is disclosed. | |||||
| 2005-12-31 | divestiture_reduction | completed | United States | Brokerage — medical claims management and auditing services | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of net assets of Northshore International Insurance Services (NiiS) for $4.8 million cash in first quarter 2005; pretax loss of $12.7 million. No employee count disclosed. | |||||
| 2005-12-31 | divestiture_reduction | completed | United States | Risk Management — employee benefit claim payment administration | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of all stock of Gallagher Benefit Administrators, Inc. (GBA) for $9.2 million cash plus a $4.4 million promissory note in first quarter 2005; pretax gain of $9.6 million. No employee count disclosed. | |||||
| 2005-12-31 | divestiture_reduction | completed | United States (Florida) | Financial Services — real estate investment | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of ownership interests in the limited partnership owning the Florida Community Development investment for $25.7 million cash in second quarter 2005; pretax gain of $12.6 million. No employee count disclosed. | |||||
| 2005-12-31 | other | completed | 2005-07-01 | 2005-07-01 | United States | Company-wide — defined benefit pension plan | USD -10 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pension plan amended to freeze accrual of future benefits for all domestic employees effective July 1, 2005, producing a $10.0 million curtailment gain (benefit obligation reduced $48.2 million). Benefit freeze rather than a headcount reduction; no employees separated disclosed. | ||
| 2005-12-31 | other | completed | United States and United Kingdom | Brokerage — reinsurance operations | USD 19 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Compensation increase in 2005 included $18.7 million of new-hire and charge items tied to staffing changes in U.S. and U.K. reinsurance operations, plus $1.4 million of severance costs. No employee counts disclosed; charge amounts are components of compensation expense, not a separately captioned restructuring charge. | ||||
| 2005-12-31 | acquisition_addition | completed | 2005-01-01 | 2005-12-31 | United States and International | Brokerage | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher acquired net assets of ten insurance brokerage firms in 2005. Specific headcount added is not disclosed, but the filing notes these acquisitions expanded the volume of services and geographical areas. | |||
| 2005-09-30 | acquisition_addition | completed | 2005-01-01 | 2005-01-01 | United States | Brokerage | USD 4 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Horton Insurance Agency, Inc. acquisition; recorded purchase price $4.0M. No headcount disclosed. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-01-01 | 2005-01-01 | United States | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Marine Insurance Service, LLC acquisition; recorded purchase price $1.5M. No headcount disclosed. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-04-01 | 2005-04-01 | United States | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Chris Schroeder Insurance, Inc. acquisition; recorded purchase price $1.6M. No headcount disclosed. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-05-01 | 2005-05-01 | United States | Brokerage | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Alternative Market Specialists acquisition; recorded purchase price $5.0M. No headcount disclosed. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-05-01 | 2005-05-01 | United States | Risk Management | USD 7 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | WorkCare Northwest, Inc. acquisition; recorded purchase price $7.1M. No headcount disclosed. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-06-01 | 2005-06-01 | United States | Brokerage | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Belmont Associates Consultants, Inc. acquisition; recorded purchase price $4.9M. No headcount disclosed. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-06-01 | 2005-06-01 | United States | Brokerage | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Classic Insurance Services, Ltd. acquisition; recorded purchase price $5.3M. No headcount disclosed. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-08-01 | 2005-08-01 | United States | Brokerage | USD 13 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate Life Consultants, Inc. acquisition; recorded purchase price $12.5M. No headcount disclosed. | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-01-01 | 2005-03-31 | United States | Brokerage | USD -10 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Northshore International Insurance Services (NiiS); pretax loss of $10.4M. No headcount disclosed. | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-01-01 | 2005-03-31 | United States | Risk Management | USD 10 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Gallagher Benefit Administrators, Inc. (GBA); pretax gain of $9.6M. No headcount disclosed. | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-04-01 | 2005-06-30 | United States | Financial Services | USD 13 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Florida Community Development limited partnership interest; pretax gain of $12.6M. No headcount disclosed. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher acquired 8 firms in the nine-month period ended Sept 30, 2005 (Horton, Marine Insurance, Chris Schroeder, AMS, WorkCare Northwest, Belmont, Classic, Corporate Life). MD&A states increase in employee headcount relates to acquisitions, but specific headcount numbers are not disclosed. | ||||
| 2005-09-30 | divestiture_reduction | completed | 2005-01-01 | United States | Brokerage / Risk Management | discontinued_operations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher sold Northshore International Insurance Services (NiiS) and Gallagher Benefit Administrators, Inc. (GBA) in Q1 2005. Specific headcount reductions are not disclosed. | ||||
| 2005-09-30 | divestiture_reduction | completed | 2005-04-01 | Florida | Financial Services | discontinued_operations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher sold ownership interests in Florida Community Development limited partnership in Q2 2005. Specific headcount reductions are not disclosed. | ||||
| 2005-06-30 | acquisition_addition | completed | 2005-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Horton Insurance Agency and Marine Insurance Service acquired effective 2005-01-01. No headcount disclosed. | ||||
| 2005-06-30 | acquisition_addition | completed | 2005-04-01 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Chris Schroeder Insurance acquired effective 2005-04-01. No headcount disclosed. | ||||
| 2005-06-30 | acquisition_addition | completed | 2005-05-01 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Alternative Market Specialists and WorkCare Northwest acquired effective 2005-05-01. No headcount disclosed. | ||||
| 2005-06-30 | acquisition_addition | completed | 2005-06-01 | United States | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Belmont Associates Consultants and Classic Insurance Services acquired effective 2005-06-01. No headcount disclosed. | ||||
| 2005-06-30 | divestiture_reduction | completed | 2005-03-31 | United States | Brokerage | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Northshore Insurance Services (NiiS) stock sold in Q1 2005 for $4.8M cash; pretax loss of $10.4M. Exact date not disclosed; no headcount disclosed. | ||||
| 2005-06-30 | divestiture_reduction | completed | 2005-03-31 | United States | Risk Management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Gallagher Benefit Administrators (GBA) stock sold in Q1 2005 for $9.2M cash plus $4.4M note; pretax gain of $9.6M. Exact date not disclosed; no headcount disclosed. | ||||
| 2005-06-30 | divestiture_reduction | completed | 2005-06-30 | United States | Financial Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Florida Community Development limited partnership interest sold in Q2 2005 for $25.7M cash; pretax gain of $12.6M. Exact date not disclosed; no headcount disclosed. | ||||
| 2005-06-30 | acquisition_addition | completed | 2005-01-01 | United States | Brokerage | USD 29 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Horton Insurance Agency, Marine Insurance Service, Chris Schroeder Insurance, Alternative Market Specialists, WorkCare Northwest, Belmont Associates Consultants, and Classic Insurance Services. MD&A notes 'addition of employees associated with the acquisitions' but does not quantify headcount. | |||
| 2005-06-30 | divestiture_reduction | completed | 2005-03-31 | United States | Brokerage | USD 5 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sold Northshore International Insurance Services (NiiS). No specific headcount disclosed. | |||
| 2005-06-30 | divestiture_reduction | completed | 2005-03-31 | United States | Risk Management | USD 14 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sold Gallagher Benefit Administrators, Inc. (GBA) for $9.2 million cash and $4.4 million promissory note. No specific headcount disclosed. | |||
| 2005-06-30 | divestiture_reduction | completed | 2005-06-30 | United States | Financial Services | USD 26 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sold ownership interests in Florida Community Development investment. No specific headcount disclosed. | |||
| 2005-03-31 | acquisition_addition | completed | 2005-01-01 | Brokerage | USD 6 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Horton Insurance Agency, Inc. and Marine Insurance Service, LLC effective Jan 1, 2005. Total recorded purchase price $5.5 million. Headcount not disclosed. | ||||
| 2005-03-31 | divestiture_reduction | completed | 2005-03-31 | Risk Management | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sold Gallagher Benefit Administrators, Inc. (GBA). Pretax gain of $9.6 million recognized. Headcount not disclosed. | |||||
| 2005-03-31 | divestiture_reduction | completed | 2005-03-31 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sold Northshore International Insurance Services (NiiS). Pretax loss of $10.4 million recognized. Headcount not disclosed. | |||||
| 2005-03-31 | acquisition_addition | completed | 2005-01-01 | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Horton Insurance Agency, Inc. and Marine Insurance Service, LLC effective Jan 1, 2005. MD&A notes 'addition of employees associated with the acquisitions' but does not quantify headcount added. | |||||
| 2005-03-31 | divestiture_reduction | completed | 2005-03-31 | Risk Management / Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sold Gallagher Benefit Administrators, Inc. (GBA) and Northshore International Insurance Services (NiiS) in Q1 2005. Headcount removed not quantified. | |||||
| 2004-12-31 | acquisition_addition | completed | Brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Nineteen insurance brokerage firms acquired during 2004 (eighteen asset purchases, one stock purchase) for total recorded purchase price of $153.8 million. MD&A attributes 2004 headcount growth primarily to acquisition-related employee additions; per-acquisition employee counts not disclosed. Acquisitions completed at various dates from January through December 2004. | ||||||
| 2004-12-31 | restructuring | completed | London, United Kingdom | Brokerage | USD 3 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | One-time compensation-related restructuring charges for London operations recorded in 2004; employee count and completion timeline not disclosed. | ||||
| 2004-12-31 | acquisition_addition | completed | 2005-01-01 | Brokerage | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Effective January 1, 2005, Gallagher acquired substantially all net assets of Marine Insurance Service, LLC for $1.5 million cash plus $0.8 million contingent earnout; employee count not disclosed. Occurred after the FY2004 period end. | |||||
| 2004-12-31 | acquisition_addition | completed | 2005-01-01 | Brokerage | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Effective January 1, 2005, Gallagher acquired substantially all net assets of Horton Insurance Agency, Inc. of Oklahoma for $4.0 million cash plus $2.8 million contingent earnout; employee count not disclosed. Occurred after the FY2004 period end. | |||||
| 2004-12-31 | acquisition_addition | completed | 2004-01-01 | 2004-12-31 | Primarily United States; one acquisition in Australia | Brokerage | USD 154 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Nineteen insurance brokerage firms acquired during 2004 (18 asset purchases, 1 stock purchase) for $153.8M recorded purchase price (1,198 thousand shares plus $107.2M cash); acquired headcount not disclosed. Announcement dates vary by transaction (Jan-Dec 2004). | ||
| 2004-12-31 | restructuring | completed | 2004-01-01 | 2004-12-31 | United Kingdom (London) | Brokerage | USD 3 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | One-time compensation-related restructuring charges for London operations included in the 2004 increase in Brokerage compensation expense; employees affected and completion timeline not disclosed. | ||
| 2004-12-31 | acquisition_addition | completed | 2005-01-01 | 2005-01-01 | United States | Brokerage | USD 2 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Marine Insurance Service, LLC acquired effective 2005-01-01 for $1.5M cash plus contingent earnout of up to $0.8M; acquired headcount not disclosed. | ||
| 2004-12-31 | acquisition_addition | completed | 2005-01-01 | 2005-01-01 | United States (Oklahoma) | Brokerage | USD 4 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Horton Insurance Agency, Inc. of Oklahoma acquired effective 2005-01-01 for $4.0M cash plus contingent earnout of up to $2.8M; acquired headcount not disclosed. | ||
| 2004-09-30 | acquisition_addition | completed | 2004-09-01 | United States | Brokerage | USD 9 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $8.9M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-09-01 | United States | Brokerage | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $5.0M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-08-01 | United States | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $2.2M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-07-01 | United States | Brokerage | USD 11 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $10.9M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-05-01 | United States | Brokerage | USD 11 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $10.8M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-05-01 | United States | Brokerage | USD 3 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $2.5M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-04-01 | United States | Brokerage | USD 6 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $6.3M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-03-01 | United States | Brokerage | USD 8 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $8.0M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-03-01 | United States | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $2.4M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-02-01 | United States | Brokerage | USD 8 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $8.1M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-02-01 | United States | Brokerage | USD 3 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $2.7M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-02-01 | United States | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $2.2M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-02-01 | United States | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $1.7M; no employee count disclosed for acquired workforce. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-01-01 | United States | Risk Management | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recorded purchase price of $5.0M; no employee count disclosed for acquired workforce. | |||
| 2004-06-30 | acquisition_addition | completed | 2004-01-01 | Brokerage | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Risk Management Partners Ltd. acquired; recorded purchase price $5.0M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-02-01 | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Roberts & Eastland, LLC acquired; recorded purchase price $1.7M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-02-01 | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Persac Insurance Agency acquired; recorded purchase price $2.2M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-02-01 | Brokerage | USD 3 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | R. P. O'Brien & Co., Inc. acquired; recorded purchase price $2.7M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-02-01 | Brokerage | USD 8 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | The Romine Group, Inc. acquired; recorded purchase price $8.1M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-03-01 | Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Don Laster Agency, Inc. acquired; recorded purchase price $2.4M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-03-01 | Brokerage | USD 8 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | B&P International Insurance Brokerage LLC acquired; recorded purchase price $8.0M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-04-01 | Brokerage | USD 6 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Edwin M. Rollins, Inc. acquired; recorded purchase price $6.3M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-05-01 | Brokerage | USD 11 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Burch, Marcus, Pool, Krupp, Daniel & Babineaux, Inc. acquired; recorded purchase price $10.8M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-05-01 | Brokerage | USD 3 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Specialty Advisory Services, Inc. acquired; recorded purchase price $2.5M. No employee count disclosed. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-01-01 | Various | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | MD&A states increase in employee headcount primarily relates to acquisitions accounted for as purchases made in the last 12 months. Note 3 lists 10 acquisitions between Jan 1 and May 1, 2004, but does not disclose specific headcount numbers. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-01-01 | Various | Risk Management | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | MD&A states increase in employee headcount relates to hiring additional staff to support claims activity related to new business generated. No specific acquisition headcount disclosed for this segment. | ||||
| 2004-03-31 | acquisition_addition | completed | 2004-01-01 | Various | Brokerage | USD 30 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher acquired substantially all net assets of 7 firms (RMP, REP, Persac, RPO, RGP, DLA, BPI) in Q1 2004. Total recorded purchase price was $30.1 million. Specific headcount added is not disclosed, but MD&A notes 'addition of employees associated with the acquisitions'. | |||
| 2003-12-31 | acquisition_addition | completed | Mostly United States; also United Kingdom (Connor Hale Kerslake Limited) and Australia (Wyatt Gallagher Bassett Pty Ltd) | Brokerage (13 firms); Risk Management (1 firm) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Fourteen acquisitions closed during 2003 (13 brokerage, 1 risk management) for a recorded purchase price of $79.8 million. MD&A links part of 2003 headcount growth to acquired personnel, but acquired employee counts are not quantified. | |||||
| 2003-12-31 | acquisition_addition | completed | United States | Brokerage (insurance brokerage and services) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Subsequent-event acquisition of Roberts, Eastland & Persac effective February 1, 2004; consideration included 12,000 shares, $3.5 million cash and a $1.5 million contingent earnout. Acquired headcount not quantified. | |||||
| 2003-12-31 | acquisition_addition | completed | 2003-12-31 | 2003-12-31 | United States and Australia | Brokerage and Risk Management | USD 80 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourteen companies acquired during 2003 (13 insurance brokerage, 1 risk management) for a recorded purchase price of $79.8 million; acquired headcount is not disclosed. Charge shown is total recorded purchase price, not a severance charge. | ||
| 2003-12-31 | divestiture_reduction | completed | 2003-12-31 | 2003-12-31 | Brokerage | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | One branch operation was disposed of in 2003; filer states the net assets and operating results of disposed operations were not material. No headcount disclosed. | ||||
| 2003-12-31 | acquisition_addition | completed | 2004-02-01 | 2004-02-01 | United States | Brokerage | USD 4 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Roberts, Eastland & Persac acquired effective 2004-02-01 for 12,000 shares, $3.5 million cash and a contingent earnout of up to $1.5 million; disclosed as an event after fiscal year-end. No headcount disclosed. | ||
| 2003-12-31 | acquisition_addition | completed | 2003-01-01 | United States and International | Brokerage and Risk Management | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Gallagher acquired 13 insurance brokerage firms and 1 risk management firm in 2003. Specific headcount not disclosed, but MD&A notes increase in employee headcount relates to acquisitions. | ||||
| 2003-09-30 | acquisition_addition | completed | Brokerage | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | MD&A states increases in compensation expense are due to 'addition of employees associated with the acquisitions accounted for as purchases that were made in the last 12 months.' Specific headcount numbers for these acquisitions are not disclosed in this filing. | ||||||
| 2003-06-30 | acquisition_addition | completed | 2003-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of W. E. Kingsley Co. (KEW) effective January 1, 2003. Headcount not disclosed. | ||||
| 2003-06-30 | acquisition_addition | completed | 2003-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of McRory & Company (MRC) effective January 1, 2003. Headcount not disclosed. | ||||
| 2003-06-30 | acquisition_addition | completed | 2003-01-01 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Harman & McRory (HMR) effective January 1, 2003. Headcount not disclosed. | ||||
| 2003-06-30 | acquisition_addition | completed | 2003-02-28 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Benefits Planning & Insurance Agency, Inc. (BPI) effective February 28, 2003. Headcount not disclosed. | ||||
| 2003-06-30 | acquisition_addition | completed | 2003-05-31 | United States | Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of J. A. Lorenzo & Co., Ltd. (JAL) effective May 31, 2003. Headcount not disclosed. | ||||
| 2003-03-31 | acquisition_addition | completed | 2003-01-01 | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of W. E. Kingsley Co.; no employee headcount disclosed | |||||
| 2003-03-31 | acquisition_addition | completed | 2003-01-01 | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of McRory & Company; no employee headcount disclosed | |||||
| 2003-03-31 | acquisition_addition | completed | 2003-01-01 | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Harman & McRory; no employee headcount disclosed | |||||
| 2003-03-31 | acquisition_addition | completed | 2003-02-28 | Brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Benefits Planning & Insurance Agency; no employee headcount disclosed | |||||
| 2003-03-31 | acquisition_addition | completed | 2003-01-01 | Brokerage | USD 20 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired W. E. Kingsley Co., McRory & Company, Harman & McRory, and Benefits Planning & Insurance Agency, Inc. Total purchase price $20.1 million. Employee count not disclosed. | ||||
| 2003-03-31 | restructuring | completed | 2003-03-31 | Financial Services | USD 26 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Decided to withdraw support for venture capital investments, resulting in $25.7 million pretax charge. Employee count not disclosed. | ||||
| 2002-12-31 | acquisition_addition | completed | Insurance Brokerage Services (all except MountainView Software acquisition, allocated to Risk Management Services) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Ten insurance brokerage and risk management firms acquired for common stock and/or cash using purchase accounting; closing dates span 2002-02-28 to 2002-11-30. Recorded purchase price $57.6 million plus $20.5 million maximum contingent payables. No employee counts disclosed; MD&A attributes part of the ~9% 2002 headcount increase to employees added via these acquisitions. | ||||||
| 2002-12-31 | acquisition_addition | completed | Airplane leasing company (90%-owned subsidiary) | USD 47 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Second quarter of 2002: subsidiary acquired a leasing company renting two cargo airplanes to the French postal service, acquiring $47.0 million of assets and assuming $38.2 million of non-recourse debt. Employee count not disclosed. | |||||
| 2002-12-31 | acquisition_addition | completed | 2003-01-01 | Kentucky, United States | Wholesale insurance brokerage | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-fiscal-year event: W. E. Kingsley Company, Inc. net assets acquired effective 2003-01-01 for 101,000 common shares. No employee count disclosed. | ||||
| 2002-12-31 | acquisition_addition | completed | 2003-01-01 | Washington, United States | Insurance brokerage | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-fiscal-year event: McRory & Company and Harman & McRory Company net assets acquired effective 2003-01-01 for 54,000 and 49,000 common shares, respectively. No employee count disclosed. | ||||
| 2002-12-31 | acquisition_addition | completed | 2003-03-01 | California, United States | Benefits insurance | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-fiscal-year event: Benefits Planning & Insurance Agency, Inc. net assets acquired effective 2003-03-01 for 577,000 common shares plus a contingent obligation of up to $8.5 million payable in additional shares. No employee count disclosed. | ||||
| 2002-12-31 | acquisition_addition | completed | United States | Insurance Brokerage Services; Risk Management Services | USD 58 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ten insurance brokerage and risk management firms acquired during 2002 for aggregate purchase price of $57.6 million; no headcount added is disclosed. MD&A attributes part of the 9% headcount increase to these acquisitions. | ||||
| 2002-12-31 | acquisition_addition | completed | Ireland / France | Financial Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | A 90% owned subsidiary acquired a cargo airplane leasing company in Q2 2002 (assets of $47.0 million, non-recourse debt of $38.2 million); headcount added not disclosed | |||||
| 2002-12-31 | acquisition_addition | completed | United Kingdom | Insurance Brokerage Services | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A cites a United Kingdom-based acquisition completed in Q4 2001 as contributing to 2002 foreign revenue growth; headcount not disclosed | |||||
| 2002-09-30 | acquisition_addition | completed | 450 | United States | Insurance Brokerage Services | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 450 employees from eight purchase acquisitions completed in the twelve months to September 30, 2002; count covers a 12-month window, not the quarter alone | ||||
| 2002-09-30 | other | completed | 130 | United States | Production / sales | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 130 additional production personnel hired over the fifteen months to September 30, 2002 to generate future revenue growth; organic hiring, not a discrete action | ||||
| 2002-09-30 | acquisition_addition | completed | 450 | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 450 employees associated with acquisitions accounted for as purchases made in the last 12 months. | ||||||
| 2002-09-30 | acquisition_addition | completed | 450 | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 450 employees associated with acquisitions accounted for as purchases made in the last 12 months. | ||||||
| 2002-06-30 | acquisition_addition | completed | 2002-02-28 | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of Life Plans Unlimited, Inc.; recorded purchase price $4.43 million plus up to $3.0 million contingent payable. No headcount disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-02-28 | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of Tom Sherwin Insurance Agency for $0.8 million cash plus up to $0.6 million contingent payable. No headcount disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-04-01 | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of NiiS/APEX Group Holdings, Inc. for $21.1 million (643 thousand shares) plus up to $2.0 million contingent payable. No headcount disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-04-30 | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of Cornwall & Stevens Co., Inc. for $2.0 million. No headcount disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-05-31 | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of Manning & Smith Insurance, Inc. for $9.7 million (274 thousand shares) plus up to $7.5 million contingent payable. No headcount disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-05-31 | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of Roberts & Roberts Insurance Agency, Inc. for $3.1 million (87 thousand shares) plus up to $1.7 million contingent payable. No headcount disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-05-31 | Risk Management Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of MountainView Software Corporation for $0.5 million (15 thousand shares) plus up to $1.1 million contingent payable; intangibles allocated to Risk Management Services segment. No headcount disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-05-31 | Corporate | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | A 90%-owned limited partnership acquired a leasing company holding two cargo airplanes; operations consolidated into Gallagher in Q2 2002 (assets $47.0 million, non-recourse debt $38.2 million). No headcount disclosed. | |||||
| 2002-06-30 | divestiture_reduction | completed | Insurance Brokerage Services | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of a book of brokerage business in 2002 generated a $2.5 million gain (vs. $2.4 million gain on a similar 2001 sale); no headcount or workforce impact disclosed. | ||||||
| 2002-06-30 | acquisition_addition | completed | 2002-02-28 | Insurance Brokerage Services | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Life Plans Unlimited, Inc. and Tom Sherwin Insurance Agency. Headcount not disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-04-01 | Insurance Brokerage Services | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired NiiS/APEX Group Holdings, Inc. Headcount not disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-04-30 | Insurance Brokerage Services | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Cornwall & Stevens Co., Inc. Headcount not disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-05-31 | Insurance Brokerage Services | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Manning & Smith Insurance, Inc. Headcount not disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-05-31 | Insurance Brokerage Services | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Roberts & Roberts Insurance Agency, Inc. Headcount not disclosed. | |||||
| 2002-06-30 | acquisition_addition | completed | 2002-05-31 | Risk Management Services | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired MountainView Software Corporation. Headcount not disclosed. | |||||
| 2002-03-31 | acquisition_addition | completed | 2002-02-28 | Insurance Brokerage Services | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Life Plans Unlimited, Inc. and Tom Sherwin Insurance Agency, Inc. on Feb 28, 2002. MD&A confirms employees associated with these acquisitions contributed to headcount increase, but specific employee counts are not disclosed. | |||||
| 2002-03-31 | acquisition_addition | completed | 2002-02-28 | Insurance Brokerage Services | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Life Plans Unlimited, Inc. and Tom Sherwin Insurance Agency, Inc. on Feb 28, 2002. MD&A states headcount increase relates to employees associated with these acquisitions, but no specific count is provided. | |||||
| 2001-12-31 | acquisition_addition | completed | 2001-02-28 | 2001-02-28 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | MDM Insurance Associates, Inc. (California); pooling of interests; 752,000 shares issued; three principals and ten key employees entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-02-28 | 2001-02-28 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | SKANCO International, Ltd. (Arizona); pooling of interests; 263,000 shares issued; two principals entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-02-28 | 2001-02-28 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Madison Scott & Associates, Inc. (Texas); benefits insurance business; pooling of interests; 34,000 shares issued | |||
| 2001-12-31 | acquisition_addition | completed | 2001-05-01 | 2001-05-01 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Texas Insurance Agency, Inc.-Houston; purchase accounting; $4,565,000 cash plus $1,500,000 contingent obligation; two principals and six key employees entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-05-31 | 2001-05-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | The Galtney Group, Inc. dba Healthcare Insurance Services (Texas); pooling of interests; 3,330,000 shares issued; one principal, three key employees, and thirty-eight key employees entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-05-31 | 2001-05-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Nelson/Monarch Insurance Services, Ltd. (Kentucky); pooling of interests; 109,000 shares issued; one principal and one key employee entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-07-31 | 2001-07-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | The InWest Group, Inc. (Texas); pooling of interests; 407,000 shares issued; four principals and two key employees entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-07-31 | 2001-07-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Burgess & Associates, Inc. (Kansas); benefits insurance business; pooling of interests; 73,000 shares issued; four principals and two key employees entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-08-31 | 2001-08-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | E.S. Susanin, Inc. (Connecticut); pooling of interests; 109,000 shares issued; one principal and two key employees entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-08-31 | 2001-08-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Midwest Surety Services, Inc. (Wisconsin); pooling of interests; 32,000 shares issued; one principal entered employment agreement | |||
| 2001-12-31 | acquisition_addition | completed | 2001-08-31 | 2001-08-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Central Surety Agency, Inc. (Wisconsin); pooling of interests; 26,000 shares issued; one principal entered employment agreement | |||
| 2001-12-31 | acquisition_addition | completed | 2001-09-01 | 2001-09-01 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Henderson Philips Fine Arts (Washington D.C.); purchase accounting; $350,000 cash plus $1,150,000 contingent obligation; two key employees entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-10-31 | 2001-10-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cashan & Company (New Jersey); purchase accounting; 307,000 shares issued; three principals entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-10-31 | 2001-10-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hartstein Associates, Inc. (New Jersey); benefits insurance business; purchase accounting; 91,000 shares plus $3,000,000 cash and $4,500,000 contingent obligation; one principal and two key employees entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-11-01 | 2001-11-01 | United Kingdom | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | MRS Holdings Limited (United Kingdom); purchase accounting; 280,000 shares issued; nine principals entered employment agreements | |||
| 2001-12-31 | acquisition_addition | completed | 2001-12-01 | 2001-12-01 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Equity Insurance Managers, Inc. (Kentucky); purchase accounting; $9,200,000 cash plus $800,000 contingent obligation; three key employees entered employment agreements | |||
| 2001-12-31 | divestiture_reduction | completed | United States | Risk Management Services | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Gallagher sold a benefits administration book of business during 2001; gain of $2,375,000 recorded; no headcount disclosed | |||||
| 2001-09-30 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ten insurance brokerage firms acquired during the nine-month period in exchange for common stock (The Galtney Group, MDM Insurance Associates, The InWest Group, SKANCO International, Nelson/Monarch, E.S. Susanin, Burgess & Associates, Madison Scott & Associates, Midwest Surety Services, Central Surety Agency); accounted for as poolings of interests with prior periods restated. No employee headcount disclosed for any acquisition. | |||||
| 2001-09-30 | acquisition_addition | completed | 2001-05-01 | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Texas Insurance Agency, Inc.-Houston acquired effective May 1, 2001 for $4.6 million cash plus a $1.5 million contingent obligation; accounted for as a purchase and immaterial to the financial statements. No employee headcount disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | The Galtney Group, Inc. dba Healthcare Insurance Services acquired for 3,330,000 shares; accounted for as a pooling of interests with prior periods restated. No employee count disclosed. | |||||
| 2001-06-30 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | MDM Insurance Associates, Inc. acquired for 752,000 shares; pooling of interests. No employee count disclosed. | |||||
| 2001-06-30 | acquisition_addition | completed | International | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SKANCO International, Ltd. acquired for 263,000 shares; pooling of interests. No employee count disclosed. | |||||
| 2001-06-30 | acquisition_addition | completed | International | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nelson/Monarch Insurance Services, Ltd. acquired for 109,000 shares; pooling of interests. No employee count disclosed. | |||||
| 2001-06-30 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Madison Scott & Associates, Inc. acquired for 34,000 shares; pooling of interests. No employee count disclosed. | |||||
| 2001-06-30 | acquisition_addition | completed | 2001-05-01 | 2001-05-01 | United States (Houston, Texas) | Insurance Brokerage Services | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Texas Insurance Agency, Inc.-Houston acquired effective May 1, 2001 for $4.6 million cash plus a $1.5 million contingent obligation; accounted for as a purchase and deemed not material. No employee count disclosed. | ||
| 2001-06-30 | acquisition_addition | completed | 2001-06-30 | United States | Insurance Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired net assets of six firms (Galtney Group, MDM Insurance, SKANCO, Nelson/Monarch, Madison Scott, Texas Insurance Agency). Five accounted for as poolings of interests. No specific headcount disclosed. | ||||
| 2001-03-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of MDM Insurance Associates, Inc. for 752,000 common shares; accounted for as a pooling of interests. No employee headcount disclosed. | |||||
| 2001-03-31 | acquisition_addition | completed | not disclosed | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of SKANCO International, Ltd. for 263,000 common shares; pooling of interests. No employee headcount disclosed. | |||||
| 2001-03-31 | acquisition_addition | completed | not disclosed | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of Madison Scott & Associates, Inc. for 34,000 common shares; pooling of interests. No employee headcount disclosed. | |||||
| 2000-12-31 | divestiture_reduction | completed | 2000 | other f5-10k / GLM-5.3-flash-HTML | Several underperforming or geographically undesirable operations sold during 2000; aggregate gains of $1,823,000 and proceeds of $2,334,000 recorded. Operations not material; employee impact not disclosed. | ||||||
| 2000-12-31 | acquisition_addition | completed | 2000-02-29 | Australia | Insurance Brokerage Services (reinsurance brokerage) | USD 2 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired 60% of net assets of MBR Pty Limited for $2.1 million initial cash payment (purchase consideration, not a restructuring charge); purchase accounting. Eight principals and seven key employees signed three-year employment agreements. | |||
| 2000-12-31 | acquisition_addition | completed | 2000-02-29 | Minnesota, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of R. L. Youngdahl & Associates for 138,000 AJG shares; pooling of interests. One principal (3-yr) and one key employee (2-yr) employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-02-29 | Missouri, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Rebholz Insurance Agency for 84,000 AJG shares; pooling of interests. Three principals signed three-year employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-02-29 | Minnesota, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Towle Agency for 74,000 AJG shares; pooling of interests. Two principals (3-yr) and two key employees (2-yr) employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-02-29 | Illinois, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Powell Insurance Services for 39,000 AJG shares; pooling of interests. Principal signed three-year employment agreement. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-05-01 | Missouri, US | Insurance Brokerage Services (benefits insurance) | USD 340 (thousands) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Joe E. Martin for $340,000 initial cash payment (purchase consideration, not a restructuring charge); purchase accounting. Principal signed three-year employment agreement. | |||
| 2000-12-31 | acquisition_addition | completed | 2000-05-31 | Michigan, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Universico Group for 292,000 AJG shares; pooling of interests. Four principals and one key employee (3-yr); four key employees (2-yr) employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-05-31 | Texas, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Davis-Poston & Associates for 150,000 AJG shares; pooling of interests. Two principals (3-yr) and three principals (19-month) employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-05-31 | South Carolina, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Bultman/Bell Associates for 136,000 AJG shares; pooling of interests. Three principals signed three-year employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-08-31 | New Jersey, US | Insurance Brokerage Services (reinsurance brokerage) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Largest 2000 stock-for-assets deal: acquired substantially all net assets of John P. Woods Co. for 1,816,000 AJG shares; pooling of interests. Fourteen principals signed three-year employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-08-31 | Maryland, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Atlantic Risk Management for 208,000 AJG shares; pooling of interests. Three principals and two key employees signed three-year employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-08-31 | California, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of R. G. Speno for 88,000 AJG shares; pooling of interests. Principal (3-yr) and key employee (2-yr) employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-08-31 | Illinois, US | Insurance Brokerage Services (benefits insurance) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired Murphy Consultants for 58,000 AJG shares; pooling of interests. Principal and a key employee signed three-year employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-11-30 | Washington, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Persing, Dyckman & Toynbee for 246,000 AJG shares; pooling of interests. Two principals (3-yr) and two key employees (2-yr) employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-11-30 | Massachusetts, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of Castle Insurance Associates for 144,000 AJG shares; pooling of interests. Four principals and one key employee signed three-year employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-11-30 | Illinois, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired substantially all net assets of SiliconInsurance for 33,000 AJG shares; pooling of interests. Principal signed two-year employment agreement. | ||||
| 2000-12-31 | acquisition_addition | completed | 2001-02-28 | California, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Completed February 28, 2001, after fiscal year-end. Acquired substantially all net assets of MDM Insurance Associates for 752,000 AJG shares; pooling of interests. Three principals (3-yr) and ten key employees (2-yr) employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2001-02-28 | Arizona, US | Insurance Brokerage Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Completed February 28, 2001, after fiscal year-end. Acquired substantially all net assets of SKANCO International for 263,000 AJG shares; pooling of interests. Two principals signed three-year employment agreements. | ||||
| 2000-12-31 | acquisition_addition | completed | 2001-02-28 | Texas, US | Insurance Brokerage Services (benefits insurance) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Completed February 28, 2001, after fiscal year-end. Acquired substantially all net assets of Madison Scott & Associates for 34,000 AJG shares; pooling of interests. Principal signed three-year employment agreement. | ||||
| 2000-12-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 14 insurance brokerage firms and 2 benefits consulting companies acquired in 2000; no employee counts disclosed for acquired entities | |||||
| 2000-12-31 | acquisition_addition | completed | Australia | Insurance Brokerage Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 60% of MBR Pty Limited acquired Feb 29, 2000; 8 principals and 7 key employees entered three-year employment agreements; no total headcount disclosed | |||||
| 2000-12-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed after fiscal year-end (Feb 28, 2001): MDM Insurance Associates, SKANCO International, Madison Scott & Associates; no employee counts disclosed | |||||
| 2000-06-30 | acquisition_addition | completed | 2000-02-29 | Australia | Reinsurance brokerage and services | USD 2 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired 60% of MBR Pty Limited for $2.1 million cash. Headcount not disclosed. | |||
| 2000-06-30 | acquisition_addition | completed | 2000-05-01 | United States | Employee benefits broker and consultant | USD 0 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Joe E. Martin, Inc. for $340,000 cash. Headcount not disclosed. | |||
| 2000-06-30 | acquisition_addition | completed | 2000-06-30 | United States | Insurance brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Universico Group, Ltd., Davis-Poston & Associates, Inc., R. L. Youngdahl & Associates, Inc., Bultman/Bell Associates, Inc., Rebholz Insurance Agency, Inc., Towle Agency, Inc., and Powell Insurance Services, Inc. via stock exchange. Headcount not disclosed. | ||||
| 2000-03-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | R. L. Youngdahl & Associates, Inc. acquired for 69,000 shares; accounted for as a pooling of interests. Headcount added not disclosed. | |||||
| 2000-03-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rebholz Insurance Agency, Inc. acquired for 42,000 shares; pooling of interests. Headcount added not disclosed. | |||||
| 2000-03-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Towle Agency, Inc. acquired for 37,000 shares; pooling of interests. Headcount added not disclosed. | |||||
| 2000-03-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Powell Insurance Services, Inc. acquired for 19,000 shares; pooling of interests. Headcount added not disclosed. | |||||
| 2000-03-31 | acquisition_addition | completed | 2000-02-29 | Australia | Financial Services (reinsurance brokerage) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 60% of net assets of MBR Pty Limited for an initial $2.1 million cash payment; accounted for as a purchase and described as not material. Headcount added not disclosed. | ||||
| 2000-03-31 | acquisition_addition | completed | 2000-03-31 | United States | Insurance Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired R. L. Youngdahl & Associates, Inc., Rebholz Insurance Agency, Inc., Towle Agency, Inc., and Powell Insurance Services, Inc. accounted for as poolings of interests. Headcount not disclosed. | ||||
| 2000-03-31 | acquisition_addition | completed | 2000-02-29 | Australia | Reinsurance Brokerage | USD 2 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired 60% of MBR Pty Limited for $2.1 million cash. Headcount not disclosed. | |||
| 1999-12-31 | acquisition_addition | completed | 1999-11-30 | Louisiana, United States | Insurance brokerage and services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Sternfels Insurance Agency acquired for 96,000 shares (pooling of interests); Item 1 reports four principals and two key employees entered three-year employment agreements. Acquired employee headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-08-31 | North Carolina, United States | Benefits consulting | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Group Benefit Concepts, Inc. acquired for 91,000 shares (pooling of interests); Item 1 reports three principals entered three-year employment agreements. Acquired employee headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-08-31 | Washington, D.C., United States | Benefits consulting | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Stanley E. Clark & Associates acquired for 61,000 shares (pooling of interests); Item 1 reports one employee entered a two-year employment agreement. Acquired employee headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-05-01 | California, United States | Insurance brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | R. W. Thom & Company acquired as a purchase for a cash payment of $250,000; Item 1 reports the principal entered a three-year employment agreement. Acquired employee headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-02-28 | California, United States | Insurance brokerage and services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Goodman Insurance Agency acquired for 315,000 shares (pooling of interests); Item 1 reports the principal entered a three-year employment agreement. Acquired employee headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-02-28 | Texas, United States | Insurance brokerage and services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Dodson-Bateman & Company acquired for 295,000 shares (pooling of interests); Item 1 reports two principals and one key employee entered three-year employment agreements. Acquired headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-02-28 | California, United States | Insurance brokerage and services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Associated Risk Managers of California (dba ARM of California) acquired for 198,000 shares (pooling of interests); Item 1 reports one principal entered a three-year employment agreement. Headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 2000-02-29 | Australia | Reinsurance brokerage and services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-year-end acquisition of 60% of net assets of MBR Pty Limited for $2,100,000 initial cash (purchase); Item 1 reports eight principals and seven key employees entered three-year agreements. Acquired headcount not disclosed. Occurred after fiscal 1999 year-end. | ||||
| 1999-12-31 | acquisition_addition | completed | 2000-02-29 | Minnesota, United States | Insurance brokerage and services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-year-end acquisition of R. L. Youngdahl & Associates for 69,000 shares (pooling); one principal (three-year) and one key employee (two-year) employment agreements reported. Acquired headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 2000-02-29 | Missouri, United States | Insurance brokerage and services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-year-end acquisition of Rebholz Insurance Agency for 42,000 shares (pooling); three principals entered three-year employment agreements. Acquired employee headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 2000-02-29 | Minnesota, United States | Insurance brokerage and services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-year-end acquisition of Towle Agency for 37,000 shares (pooling); two principals (three-year) and one key employee (two-year) employment agreements reported. Acquired headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 2000-02-29 | Illinois, United States | Insurance brokerage and services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Post-year-end acquisition of Powell Insurance Services for 19,000 shares (pooling); one principal entered a three-year employment agreement. Acquired employee headcount not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-02-28 | 1999-02-28 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed on 1999-02-28 (Goodman Insurance Agency, Dodson-Bateman & Company, ARM of California) in exchange for 808,000 shares total; headcount not disclosed | |||
| 1999-12-31 | acquisition_addition | completed | 1999-05-01 | 1999-05-01 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | R.W. Thom & Company acquired for $250,000 cash; headcount not disclosed | |||
| 1999-12-31 | acquisition_addition | completed | 1999-08-31 | 1999-08-31 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two benefits consulting acquisitions (Group Benefit Concepts, Stanley E. Clark & Associates) in exchange for 152,000 shares total; headcount not disclosed | |||
| 1999-12-31 | acquisition_addition | completed | 1999-11-30 | 1999-11-30 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sternfels Insurance Agency acquired for 96,000 shares; headcount not disclosed | |||
| 1999-09-30 | acquisition_addition | completed | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net assets of Goodman Insurance Agency acquired for 157,385 common shares, accounted for as a pooling of interests; no employee count disclosed. | ||||||
| 1999-09-30 | acquisition_addition | completed | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net assets of Dodson-Bateman & Company acquired for 147,480 common shares, pooling of interests; no employee count disclosed. | ||||||
| 1999-09-30 | acquisition_addition | completed | United States (California) | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net assets of ARM of California (Insurance Producers) acquired for 99,054 common shares, pooling of interests; no employee count disclosed. | |||||
| 1999-09-30 | acquisition_addition | completed | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net assets of Group Benefit Concepts, Inc. acquired for 45,764 common shares, pooling of interests; no employee count disclosed. | ||||||
| 1999-09-30 | acquisition_addition | completed | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net assets of Stanley E. Clarke and Associates, Inc. acquired for 30,509 common shares, pooling of interests; no employee count disclosed. | ||||||
| 1999-09-30 | acquisition_addition | completed | 1999-05-01 | United States (California) | Insurance Brokerage Services | USD 250,000 (units) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | R. W. Thom & Company acquired for an initial cash payment of $250,000, accounted for as a purchase; described as not material; no employee count disclosed. | |||
| 1999-06-30 | acquisition_addition | completed | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all net assets of Goodman Insurance Agency, Inc. for 157,385 common shares, accounted for as a pooling of interests; no employee count disclosed. | ||||||
| 1999-06-30 | acquisition_addition | completed | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all net assets of Dodson-Bateman & Company for 147,480 common shares, pooling of interests; no employee count disclosed. | ||||||
| 1999-06-30 | acquisition_addition | completed | United States (California) | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Associated Risk Managers of California (ARM of California) for 99,054 common shares, pooling of interests; no employee count disclosed. | |||||
| 1999-06-30 | acquisition_addition | completed | 1999-05-01 | United States (California) | Insurance Brokerage Services | USD 250 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | May 1, 1999 purchase of substantially all net assets of R. W. Thom & Company, Inc. (retail insurance brokerage) for an initial $250 thousand cash payment; accounted for as a purchase and deemed immaterial; no employee count disclosed. | |||
| 1999-03-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired net assets of Goodman Insurance Agency, Inc. for 157,385 shares; accounted for as pooling of interests; no employee count disclosed. | |||||
| 1999-03-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired net assets of Dodson-Bateman & Company for 147,480 shares; pooling of interests; no employee count disclosed. | |||||
| 1999-03-31 | acquisition_addition | completed | United States (California) | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired net assets of Associated Risk Managers of California (ARM of California) for 99,054 shares; pooling of interests; no employee count disclosed. | |||||
| 1999-03-31 | acquisition_addition | completed | 1999-05-01 | United States (California) | Insurance Brokerage Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter acquisition of R. W. Thom & Company net assets for cash, described as not material; no employee count disclosed. | ||||
| 1999-03-31 | acquisition_addition | completed | 1999-03-31 | United States | Insurance Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired substantially all net assets of Goodman Insurance Agency, Inc., Dodson-Bateman & Company, and Associated Risk Managers of California (ARM of California) via pooling of interests. Headcount not explicitly disclosed. | ||||
| 1999-03-31 | acquisition_addition | completed | 1999-05-01 | California | Insurance Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired substantially all net assets of R. W. Thom & Company. Transaction disclosed as subsequent event. Headcount not explicitly disclosed. | ||||
| 1998-12-31 | acquisition_addition | completed | 1998 | Insurance brokerage and benefits consulting | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | During 1998 the Company acquired twelve insurance brokerage firms and one benefits consulting company for 681,000 common shares (pooling of interests); employee headcount added was not disclosed. | |||||
| 1998-12-31 | acquisition_addition | completed | 1998 | Insurance brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | In 1998 the Company also acquired the net assets of three insurance brokerage firms for cash and notes payable; filing states these purchase transactions were not material; headcount added not disclosed. | |||||
| 1998-12-31 | acquisition_addition | completed | 1999-02-28 | California | Insurance brokerage and services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Subsequent event after fiscal 1998 year-end: Goodman Insurance Agency, Inc. assets acquired for 157,385 shares (pooling of interests); principal signed three-year employment agreement; headcount not disclosed. | ||||
| 1998-12-31 | acquisition_addition | completed | 1999-02-28 | Texas | Insurance brokerage and services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Subsequent event after fiscal 1998 year-end: Dodson-Bateman & Company assets acquired for 147,480 shares (pooling of interests); two principals and one key employee signed three-year employment agreements; headcount not disclosed. | ||||
| 1998-12-31 | acquisition_addition | completed | 1999-02-28 | California | Insurance brokerage and services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Subsequent event after fiscal 1998 year-end: Associated Risk Managers of California, Insurance Producers assets acquired for 99,054 shares (pooling of interests); one principal signed three-year employment agreement; headcount not disclosed. | ||||
| 1998-12-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | In 1998 the Company acquired substantially all net assets of twelve insurance brokerage firms and one benefits consulting company in exchange for 681,000 shares of common stock, accounted for as poolings of interests. No headcount disclosed. | |||||
| 1998-12-31 | acquisition_addition | completed | United States | Insurance Brokerage Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | In 1998 the Company acquired net assets of three insurance brokerage firms for cash and notes payable, accounted for as purchases. No headcount disclosed. | |||||
| 1998-12-31 | acquisition_addition | completed | United States | Risk Management Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | In 1997 the Company acquired a majority equity interest in a risk management company for cash, accounted for as a purchase. No headcount disclosed. | |||||
| 1998-12-31 | acquisition_addition | completed | 1999-02-28 | 1999-02-28 | United States | Insurance Brokerage Services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed February 28, 1999 (Goodman Insurance Agency, Dodson-Bateman & Company, Associated Risk Managers of California) in exchange for common stock, accounted for as poolings of interests. No headcount disclosed. | |||
| 1998-12-31 | acquisition_addition | completed | 1999-05-01 | 1999-05-01 | United States | Insurance Brokerage Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | R.W. Thom & Company acquired May 1, 1999 for initial cash payment of $250,000, accounted for as a purchase. No headcount disclosed. | |||
| 1998-09-30 | acquisition_addition | completed | United States | Insurance brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Poolings of interests: EBC (Employee Benefits of The Carolinas), Martin Gordon & Jones, McElveen Insurance Agency, Flynn Associates and four smaller firms, exchanged for 371,000 common shares; headcount added not disclosed; deemed not significant so prior periods were not restated | |||||
| 1998-09-30 | acquisition_addition | completed | Insurance brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two insurance brokerage operations acquired for cash during the nine months ended September 30, 1998, accounted for as purchases; headcount added not disclosed | ||||||
| 1998-09-30 | acquisition_addition | completed | 1998-10-01 | Insurance brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event acquisition of an additional insurance brokerage operation effective October 1, 1998, accounted for as a purchase; headcount added not disclosed | |||||
| 1998-06-30 | acquisition_addition | completed | United States | Insurance brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six agencies acquired in H1 1998 for 234,000 shares, accounted for as poolings of interests; no employee counts disclosed. A separate May 1998 cash purchase of a brokerage operation is also noted without headcount. | |||||
| 1998-06-30 | acquisition_addition | completed | 1998-06-30 | United States | Insurance Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company acquired net assets of EBC, Inc., Martin, Gordon & Jones, Inc., McElveen Insurance Agency, Inc., and three other companies. Acquisitions accounted for as poolings of interests. No headcount disclosed. | ||||
| 1998-06-30 | acquisition_addition | completed | 1998-05-01 | Unspecified | Insurance Brokerage | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company acquired net assets of an insurance brokerage operation in May 1998. Accounted for as a purchase. Transaction not material. No headcount disclosed. | ||||
| 1998-03-31 | acquisition_addition | completed | United States | Insurance brokerage / employee benefits | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired net assets of EBC, Inc. (d/b/a Employee Benefits of The Carolinas), Martin, Gordon & Jones, Inc. and three smaller companies in exchange for 126,000 common shares; no employee headcount added was disclosed. | |||||
| 1997-09-30 | acquisition_addition | completed | 1997-01-01 | United States | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of Byerly & Company, Arnold & Company and Trinder & Norwood in exchange for 263,000 common shares, accounted for as poolings of interests; no employee counts disclosed. | |||||
| 1997-09-30 | acquisition_addition | completed | 1997-04-02 | Australia | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a 50% interest in Wyatt Group Pty Ltd., accounted for as a purchase; stated as not material, no employee counts disclosed. | |||||
| 1997-09-30 | restructuring | completed | London | Defined benefit pension plan | USD -5 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Non-recurring gain of $4.8 million recognized in Q2 1997 from restructuring and settlement of a defined benefit pension plan at a London subsidiary. No specific employee count disclosed. | ||||
| 1997-09-30 | restructuring | completed | United Kingdom | London subsidiary | USD -5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Non-recurring gain of $4.8 million recognized in Q2 1997 from restructuring and settlement of a defined benefit pension plan. | ||||
| 1997-09-30 | acquisition_addition | completed | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Byerly & Company, Inc., Arnold & Company, Inc., and Trinder & Norwood, Inc. in exchange for 263,000 shares. Headcount not disclosed. | |||||||
| 1997-09-30 | acquisition_addition | completed | 1997-04-02 | Australia | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 50% interest in Wyatt Group Pty Ltd. Headcount not disclosed. | |||||
| 1997-06-30 | restructuring | completed | 1997-06-30 | 1997-06-30 | United Kingdom | London subsidiary | USD -5 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Non-recurring gain of $4.8 million recognized from restructuring and settlement of a defined benefit pension plan at a London subsidiary. | ||
| 1997-06-30 | restructuring | completed | 1997-06-30 | 1997-06-30 | United Kingdom | Facilities | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Gain of $1.8 million recognized on the restructuring of a long term lease for facilities in the U.K. | ||
| 1997-06-30 | restructuring | completed | United Kingdom | London subsidiary | USD -5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Non-recurring gain of $4.8 million from restructuring and settlement of a defined benefit pension plan. Employee count not disclosed. | ||||
| 1997-06-30 | acquisition_addition | completed | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Byerly & Company, Inc., Arnold & Company, Inc., and Trinder & Norwood, Inc. Headcount added not disclosed. | |||||||
| 1997-06-30 | acquisition_addition | completed | 1997-04-02 | Australia | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 50% interest in Wyatt Group Pty Ltd. Headcount added not disclosed. | |||||
| 1996-12-31 | acquisition_addition | completed | Insurance brokerage and investigative services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Six businesses (five insurance brokerage firms and one investigative services company) acquired during 1996 in exchange for 1,115,000 common shares; accounted for as poolings of interests; employee headcount added not disclosed. | ||||||
| 1996-12-31 | acquisition_addition | completed | Risk management services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Majority equity interest in a risk management company acquired during 1996; accounted for as a purchase; employee headcount added not disclosed. | ||||||
| 1996-12-31 | acquisition_addition | completed | 1997-01-01 | Colorado, United States | Employee benefits | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Byerly & Company, Inc. assets acquired January 1, 1997 (after fiscal year-end) for 164,370 common shares as a pooling of interests; four principals entered two-year employment agreements; headcount not disclosed. | ||||
| 1996-12-31 | acquisition_addition | completed | 1997-01-02 | Michigan, United States | Retirement planning and actuarial services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Arnold & Company, Inc. assets acquired January 2, 1997 (after fiscal year-end) for 41,080 common shares as a pooling of interests; one principal entered a two-year employment agreement; headcount not disclosed. | ||||
| 1996-12-31 | acquisition_addition | completed | United States | Insurance brokerage / risk management | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Six insurance services businesses acquired during 1996 (five brokerage firms and one investigative services company) in exchange for 1,115,000 shares; headcount added not disclosed | |||||
| 1996-12-31 | acquisition_addition | announced | 1997-01-01 | United States | Employee benefits | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Byerly & Company, Inc. acquired January 1, 1997 for 164,370 shares; four principals entered two-year employment agreements; headcount not disclosed | ||||
| 1996-12-31 | acquisition_addition | announced | 1997-01-02 | United States | Retirement planning and actuarial services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Arnold & Company, Inc. acquired January 2, 1997 for 41,080 shares; one principal entered a two-year employment agreement; headcount not disclosed | ||||
| 1996-09-30 | acquisition_addition | completed | 1996-02-29 | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Levitt/Kristan Company. No headcount disclosed. | ||||||
| 1996-09-30 | acquisition_addition | completed | 1996-05-31 | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Alliance Insurance Group, Inc. No headcount disclosed. | ||||||
| 1996-09-30 | acquisition_addition | completed | 1996-09-30 | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Lamberson Koster & Company, Beymer & Bond Investigations, Inc., Morgan, Read & Coleman Limited and Morgan Insurance Services Limited during the quarter. No headcount disclosed. | ||||||
| 1996-09-30 | acquisition_addition | completed | 1996-02-29 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Levitt/Kristan Company (Feb 29, 1996), Alliance Insurance Group, Inc. (May 31, 1996), Lamberson Koster & Company, Beymer & Bond Investigations, Inc., Morgan, Read & Coleman Limited, and Morgan Insurance Services Limited (during Q3 1996). Headcount not disclosed. | ||||||
| 1996-06-30 | acquisition_addition | completed | 1996-02-29 | 1996-02-29 | Insurance brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all net assets of Levitt/Kristan Company for approximately 112,000 shares of Common Stock, accounted for as a pooling of interests; no employee count disclosed. | ||||
| 1996-06-30 | acquisition_addition | completed | 1996-05-31 | 1996-05-31 | Insurance brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all net assets of Alliance Insurance Group, Inc. for approximately 64,000 shares of Common Stock; described as not material; no employee count disclosed. | ||||
| 1996-06-30 | acquisition_addition | announced | 1996-07-01 | 1996-07-01 | Insurance brokerage | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter-end acquisition of substantially all net assets of Lamberson Koster & Company for approximately 391,000 shares of Common Stock, to be accounted for as a pooling of interests; no employee count disclosed. | ||||
| 1996-06-30 | acquisition_addition | completed | 1996-02-29 | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired substantially all net assets of Levitt/Kristan Company. Accounted for as pooling of interests. No headcount disclosed. | ||||||
| 1996-06-30 | acquisition_addition | completed | 1996-05-31 | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired substantially all net assets of Alliance Insurance Group, Inc. Accounted for as pooling of interests. Not material. No headcount disclosed. | ||||||
| 1996-06-30 | acquisition_addition | completed | 1996-07-01 | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired substantially all net assets of Lamberson Koster & Company. Accounted for as pooling of interests. No headcount disclosed. | ||||||
| 1996-06-30 | acquisition_addition | completed | 1996-02-29 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Levitt/Kristan Company; headcount not disclosed. | ||||||
| 1996-06-30 | acquisition_addition | completed | 1996-05-31 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Alliance Insurance Group, Inc.; headcount not disclosed. | ||||||
| 1996-06-30 | acquisition_addition | announced | 1996-07-01 | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquired Lamberson Koster & Company; headcount not disclosed. | ||||||
| 1996-03-31 | acquisition_addition | completed | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all net assets of The Levitt/Kristan Company for about 112,000 common shares, accounted for as a pooling of interests; no employee headcount added is disclosed. | |||||||
| 1996-03-31 | acquisition_addition | completed | 1996-03-31 | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company acquired substantially all net assets of The Levitt/Kristan Company in exchange for approximately 112,000 shares of Common Stock. Headcount not disclosed. | ||||||
| 1995-12-31 | acquisition_addition | completed | 1995 | Insurance brokerage | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Nine insurance brokerage firms acquired during 1995 via pooling of interests in exchange for 723,000 common shares; no employee headcount impact quantified. Filing also notes cumulatively 25 acquisitions and 2 dispositions from January 1, 1991 through December 31, 1995. | |||||
| 1995-12-31 | divestiture_reduction | completed | 1995 | USD 2 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Sale of a subsidiary completed in Q4 1995; $2.0 million gain recorded within investment income and other. This figure is a sale gain, not a severance or restructuring charge; workforce impact not disclosed. | |||||
| 1995-12-31 | acquisition_addition | completed | 1996-02-29 | California, United States | Insurance brokerage | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Subsequent event after FY1995 year-end: wholly-owned subsidiary acquired substantially all assets of Levitt/Kristan Company for 112,100 common shares, accounted for as pooling of interests; two principals entered two-year employment agreements. No employee count disclosed. | ||||
| 1995-12-31 | acquisition_addition | completed | United States | Insurance brokerage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Nine insurance brokerage firms acquired in 1995 in exchange for 723,000 shares of common stock; headcount added not disclosed. Prior periods restated for these poolings except seven of the 1995 acquisitions whose results were not significant. | |||||
| 1995-12-31 | divestiture_reduction | completed | United States | Insurance services | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | A subsidiary was sold in the fourth quarter of 1995 for a $2.0 million gain; headcount removed not disclosed. Item 1 also notes two insurance services businesses disposed of since January 1, 1991. | |||||
| 1995-12-31 | acquisition_addition | completed | 1996-02-29 | 1996-02-29 | United States (California) | Insurance brokerage | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: substantially all assets of Levitt/Kristan Company acquired for 112,100 shares; accounted for as a pooling of interests. Two principals entered two-year employment agreements; headcount added not disclosed. | |||
| 1995-09-30 | acquisition_addition | completed | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | During Q3 1995 the Company acquired substantially all net assets of IMC Risk Management Group, Inc. and W. Lawrence Pfeiffer & Associates, Inc. for about 348,000 common shares, accounted for as poolings of interests; no employee counts disclosed. | |||||||
| 1995-09-30 | acquisition_addition | completed | 1995-09-30 | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company acquired substantially all net assets of IMC Risk Management Group, Inc. and W. Lawrence Pfeiffer & Associates, Inc. in exchange for approximately 348,000 shares of Common Stock. No specific headcount added was disclosed. |