Gallagher Company

AS CANFITPRO’S PREFERRED INSURANCE PROVIDER, GALLAGHER COMPANY HELPS FIT PROS BUILD THEIR BUSINESS WITH CONFIDENCE

COMPANY PROFILE:

Number of years in business: 95 years

Headquarters: US - Rolling Meadows, Illinois Canada - Toronto, Ontario

Number of locations in Canada: 30+

To what do you attribute your success?

Our culture. Beyond our growth, we are proud that Gallagher has been able to maintain a unique corporate culture as we move into new markets and new lines of business. Our culture is summed up in the 25 tenets of The Gallagher Way.

What are your company’s goals?

We help our clients face their future with confidence.

Does your company help the community where it is located?

Absolutely! Locally, in Canada, our corporate social responsibility program, Gallagher Gives, is all about how we demonstrate our commitment to the communities where we live and work. During our December 2021 Give Back Campaign, our teams gave to over 35 organizations all the way from Vancouver Island to Halifax. Worldwide, our teams consistently give back to the Gallagher communities around the world. Employees from 35 different countries donated 112,706 hours of community service in celebration of Gallagher’s 90th anniversary, something we are immensely proud of.

Do you currently compete or plan to compete in the global marketplace?

Yes, we currently do business globally and have been ranked as the world’s fourth largest insurance brokerage.

How has your business leveraged technology / innovative solutions to conduct and drive for results?

Gallagher has introduced a series of technology-driven tools that help our clients better understand their risks, manage their insurance programs, and make optimum buying decisions. Alongside quote, bind, and issue platforms like the canfitpro Portal, we leverage technology and data in the following ways: GallagherCORE360 is our unique comprehensive approach of evaluating our client’s risk management programs and it leverages analytical tools and diverse resources for customized, maximum impact on six cost drivers of the total cost of risk. We also use a tool called Gallagher Drive, a data and analytics platform that breaks down transactional data by client size, industry sector, geography, line of business, and more. This helps our clients to understand coverage and premium trends and enables them to peer review against companies of comparable size and activity. Also, in the realm of data, analytics, and modelling, we offer catastrophe modelling using Gallagher Forecast, which allows clients to see and model the potential impact of catastrophes on their businesses across Canada. Lastly, Gallagher SmartMarket is a tool that allows our insurer partners to identify risks that they may be interested in writing, allowing us to understand which insurers are right for our clients.

What makes your company unique from the competition?

Gallagher offers the following distinct advantages:

• Collaborative approach: At Gallagher, our first, most important step is to listen to our clients – to ask them, not tell them, about their program requirements. Knowing that our clients’ risk management teams must operate leaner than ever, we have built our service model to accommodate the needs of a changing business landscape and provide the products and services over and above the basics of policy placement.

• Shared culture and values: Gallagher is the only insurance broker to be named as an Ethisphere® Institute World’s Most Ethical Business™ for eleven consecutive years. This award highlights our honor, integrity, and transparency in our interactions with our clients. Our emphasis on the highest standards of business and personal ethics extends to the top levels of the company.

• Specialization/Expertise: Our clientfirst approach fosters collaboration and ensures that industry leading specialists are placed in key roles within our client’s Risk Management teams. We view teamwork as a pillar of our success and this approach stresses expertise and client satisfaction.

• High-Quality Service: Gallagher can, and will, deliver a team and service plan that is unrivalled – a skilled, growing culture, bound by great relationships with several Gallagher centers of excellence for complex global risk management. We hold ourselves accountable, strive for continuous improvement, and drive exceptional results.

What is your company’s favourite quote that you try to live by each day?

Gallagher Tenet #2: “We support one another. We believe in one another. We acknowledge and respect the ability of one another.”