Arthur J. Gallagher & Co. was founded in 1927. The company was re-registered as a Delaware company in 1972. The company is engaged in providing insurance brokerage, reinsurance brokerage, consulting, and third-party property/casualty claim settlement and management services to entities and individuals around the world. The company's brokerage segment provides brokerage and consulting services to all types of entities in the areas of insurance and reinsurance placement, loss risk management, and employer-sponsored benefit plan management, including commercial, non-profit organizations, public sector entities, insurance companies and insurance capital providers, and to a lesser extent individuals.