When it comes to our back office integration, we are ahead of plan, including going live on our general ledger, HR, payroll, treasury, and T&E systems. So, we remain firmly on track with our integration plans and our confident we will be able to deliver on our synergy targets.

Jan 29, 2026 / receipt, needs a key / J. Patrick Gallagher, Jr., CEO | earnings call 2026-01-29 | transcript f060412b-62a3-476e-b13a-9d78c82c2cab | chars 7481-7758 | segment 7

Since the mid-August close, dozens of Gallagher leaders and hundreds of others have been traveling to AP offices and hosting gatherings. We've been sharing our stories with thousands of our new colleagues and highlighting all the tools and expertise that is now at their fingertips.

Oct 30, 2025 / receipt, needs a key / J. Patrick Gallagher, Jr., CEO | earnings call 2025-10-30 | transcript 8f948aae-5a94-4d2e-89d6-9d30b1820a05 | chars 8737-9019 | segment 8

We also made incremental technology investments, call that about $7 million, and had some continued inflation on T&E, call that about $3 million, which in total used about 50 basis points.

Oct 26, 2023 / receipt, needs a key / Doug Howell, CFO | earnings call 2023-10-26 | transcript 99ca4204-f955-42df-aee8-dfd2d22630ed | chars 14145-14333 | segment 14

And then we also made some incremental technology investments, call that around $7 million, and some continued inflation on T&E, call that about $5 million, which in total used about 60 basis points.

Jul 27, 2023 / receipt, needs a key / Doug Howell, CFO | earnings call 2023-07-27 | transcript fd99e436-d505-45d3-8d27-5b4436ce178a | chars 13601-13800 | segment 14

All those maybe five to eight million dollars a quarter that would use maybe twenty to fifty basis points of margin expansion again These are ranges Follow that bridge for the full year and that gets you back to the sixty to eighty basis points of FX Adjusted margin expansion for the year So then you layer in buck and that would get you down to that that margin expansion that that that you mentioned there So I hope that bridge and I don't have a crystal ball. It's not January of next year and But it's those type of ranges. You get some from investment income. You get a lot from organic. Some goes back because of T&E and the rolling impact. That's a little impact and we're making some investments. So, you know, if we ended up the year and ignore Buck being up 60 to 80 basis points, knowing me in January next year, I'd probably point out that we would have expanded margins 600 basis points in five years. And knowing my personality, I probably would say that I still would feel confident that we would have more and more productivity opportunities as we look forward.

Apr 27, 2023 / receipt, needs a key / Doug, CFO | earnings call 2023-04-27 | transcript 3ec1b51a-1252-4b12-897d-2bbf7f8cabaf | chars 34042-35120 | segment 34

The normalization of Omicron T&E expenses and inflation on all T&E cost us 80 basis points.

Apr 27, 2023 / receipt, needs a key / Doug Howell, CFO | earnings call 2023-04-27 | transcript 3ec1b51a-1252-4b12-897d-2bbf7f8cabaf | chars 12858-12949 | segment 13

You know, we got to think about the normalization of the Omicron T&E expenses, and then maybe some inflation on other T&E throughout the year.

Apr 27, 2023 / receipt, needs a key / Doug, CFO | earnings call 2023-04-27 | transcript 3ec1b51a-1252-4b12-897d-2bbf7f8cabaf | chars 33294-33436 | segment 33

I think the footnote on that is explaining where it's coming from, mostly travel and entertainment, some consulting use and investments in technology. So I would say it's probably half of that increase is investments and half of it's just the inflation that we're seeing in travel and consulting costs on that. I think the next question was, How am I seeing that vis-a-vis next year? Remember, we were still in the Omicron portion of the pandemic in the first quarter, so we are going to see a little more travel and entertainment expense return in our first quarter, but we don't see it being up significantly in the second, third, and fourth quarters.

Jan 26, 2023 / receipt, needs a key / Greg Peters, other | earnings call 2023-01-26 | transcript 567b9e92-8d24-45da-8361-6a92dfd74676 | chars 25617-26270 | segment 26

But, yes, when you have a capital situation where you need to increase the pricing and you can add - cat loads on other lines of coverage, you'll do that when you have to. Now, again, I can't say to you that this is exactly what Travelers or Hartford did in this year given this situation or what have you. I can't take you back to Andrew or something like that or even Katrina. But what the team is telling me is that it's very likely, given the dearth of capacity and the need because of supply and demand imbalance, the need for more rate. that there are other lines you're selling that are likely to take an advance as well.

Oct 27, 2022 / receipt, needs a key / Mark Hughes, other | earnings call 2022-10-27 | transcript ee229f71-c27a-4b40-b310-1bb70d277757 | chars 50155-50783 | segment 51

As I resume traveling to our Gallagher offices around the globe, I can report to you that our culture is as strong as ever, and that's a reflection of our people, our nearly 41,000 colleagues working together for a common goal, to serve our clients.

Jul 28, 2022 / receipt, needs a key / Jay Patrick Gallagher, CEO | earnings call 2022-07-28 | transcript 23ba06aa-8c38-4362-9911-8f120a61c1c2 | chars 8807-9056 | segment 9

You probably can call it $6 million is raise impact, and then you get down to, you know, about $8 million left over. That's probably, you know, take a third of that and call it increased professional fees that we're spending. A third of that would be T&E travel, and a third of that would be client entertainment.

Apr 28, 2022 / receipt, needs a key / Doug, CFO | earnings call 2022-04-28 | transcript 43bd41ba-67d5-4e93-a914-b64534eee142 | chars 26398-26711 | segment 27

Recall expenses returning mostly relate to higher utilization of our self-insured medical plans, resumption of advertising costs, more use of consultants, merit increases, and a small pickup in T&E expenses.

Oct 28, 2021 / receipt, needs a key / Doug Howell, CFO | earnings call 2021-10-28 | transcript 9b25b94f-4888-46c3-b682-5e9351dde410 | chars 12391-12598 | segment 13

$122M in estimated annual acquired revenues

ir_statement / Sep 15, 2026 / receipt

16 new merger partners

ir_statement / Sep 15, 2026 / receipt

Executing a disciplined, tuck-in M&A strategy at attractive valuations.

ir_statement / Sep 15, 2026 / receipt

CONSISTENT GROWTH STRATEGY: M&A

ir_statement / Sep 15, 2026 / receipt

Enhancing Productivity Tools - DMS and Workflow

ir_statement / Sep 15, 2026 / receipt

Optimizing Real Estate Footprint

ir_statement / Sep 15, 2026 / receipt

Utilizing Sourcing to Manage Expenses

ir_statement / Sep 15, 2026 / receipt

Control operating costs

ir_statement / Sep 15, 2026 / receipt

Improve process

ir_statement / Sep 15, 2026 / receipt

Reduce E&O costs

ir_statement / Sep 15, 2026 / receipt

Harmonizing Agency Systems

ir_statement / Sep 15, 2026 / receipt

OPTIMIZING PRODUCTIVITY & QUALITY

ir_statement / Sep 15, 2026 / receipt