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Gallagher Financial Systems history
Gallagher Financial Systems company history timeline
An acquisition and merger plan set in place in 1985 would drive the company's growth for the next decade and a half.
Since 1986, Gallagher had acquired 92 companies, primarily brokerages with sales of $5 million to $10 million.
1995: The grandson of the founder becomes the third leader in company history.
By 1998, Gallagher had climbed into the number four spot in the Business Insurance rankings of the world's brokerages and risk management services providers.
The company's largest division brought in $30.4 million in brokerage revenue during 1999.
Gallagher's 2000 revenue climbed 13 percent to $740.6 million.
Gallagher's recruitment expenditures began paying off in 2003: revenue per employee and total brokerage commissions and fees climbed.
2004: The company completes a record 19 acquisitions.
In February 2005, Gallagher was ordered to pay $175 million in damages to Headwaters.
WGS, formerly known as Gallagher Financial Systems, was acquired by Wipro Technologies in 2008 and is now a fully owned subsidiary.
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Gallagher Financial Systems competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Retalix | - | $236.0M | 50 | - |
| Emdeon Business Services LLC | 2006 | $27.0M | 50 | - |
| Zycron | 1991 | $43.2M | 350 | 1 |
| Allscripts | 2000 | $1.5B | 8,400 | - |
| MEDHOST | 1984 | $151.0M | 850 | 2 |
| Princeton Information | 1985 | $190.0M | 1,100 | - |
| Avionte, LLC | - | $26.6M | 224 | - |
| Protech Solutions | 1995 | $550,000 | 10 | 143 |
| Ramquest, Inc. | - | $3.3M | 50 | - |
| Pyramid Consulting | 1996 | $1.1M | 1 | 221 |
Gallagher Financial Systems history FAQs
Zippia gives an in-depth look into the details of Gallagher Financial Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gallagher Financial Systems. The employee data is based on information from people who have self-reported their past or current employments at Gallagher Financial Systems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Gallagher Financial Systems. The data presented on this page does not represent the view of Gallagher Financial Systems and its employees or that of Zippia.
Gallagher Financial Systems may also be known as or be related to Gallagher Financial Systems.