Thomas Paleka was Appointed as Vice President, Global Compensation at Arthur J. Gallagher & Co.

Date of management change: December 18, 2009 

What Happened?

Itasca , IL-based Arthur J. Gallagher & Co. hired Thomas Paleka as Vice President, Global Compensation

 

About the Company

Arthur J. Gallagher and Co. and its subsidiaries provide insurance brokerage and risk management services to various commercial, industrial, institutional, and governmental organizations. It operates in two segments, Brokerage and Risk Management. The Brokerage segment primarily consists of retail and wholesale brokerage operations. Its retail brokerage operations negotiate and place property/casualty, employer-provided health and welfare insurance, and retirement solutions primarily for middle-market commercial, industrial, public entity, religious, and not-for-profit entities. This segment`s wholesale brokerage operations assist company`s brokers, and other unaffiliated brokers and agents in the placement of specialized and hard to place insurance programs. It also acts as a brokerage wholesaler, and managing general agent or managing general underwriter distributing specialized insurance coverages for insurance carriers; and performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance. The Risk Management segment offers contract claim settlement and administration services for enterprises that choose to self-insure some or all of their property/casualty coverages, and for insurance companies that choose to outsource some or all of their property/casualty claims departments. This segment also offers integrated disability management programs, information services, risk control consulting (loss control) services, and appraisal services. The company provides its services through a network of insurance brokers and consultants. It operates primarily in the United States, Australia, Bermuda, New Zealand, Canada, and the United Kingdom. Arthur J. Gallagher and Co. was founded in 1927 and is headquartered in Itasca, Illinois.

 

About the Person

Thomas Paleka is Vice President, Global Compensation at Arthur J. Gallagher & Co.. Paleka is responsible for various aspects of Human Resources function at Arthur J. Gallagher & Co.. Previously, Paleka held various HR leadership roles in the industry.

 

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