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Arthur J. Gallagher & Co's CEO Discusses Second Quarter Results - Earnings Call Transcript

Arthur J. Gallagher & Co (AJG)

Q2 2012 Earnings Conference Call

August 1, 2012, 09:00 am ET



Executives

J. Patrick Gallagher, Jr. – Chairman, President, and CEO

Scott Blumenthal – Executive VP, Television

Rich Schmaeling - CFO

Analysts



Greg Locraft – Morgan Stanley

Mark Hughes – SunTrust Robinson Humphrey

Brian DiRubbio – YCAP Management

Sarah DeWitt – Barclays

Dan Farrell – Sterne Agee

John Campbell – Stevens

(Chris Lakim) – William Blair

Presentation

Operator

Good morning and welcome to Arthur J. Gallagher & Co's second quarter 2012 earnings conference call. Participants have been placed on a listen-only mode. Your lines will be opened for questions following the presentation.

Today's call is being recorded. If you have any objections, you may disconnect at this time.

Some of the comments made during this conference call, including answers given in response to questions, may constitute forward-looking statements within the meaning of the Securities laws.

These forward-looking statements are subject to certain risks and uncertainties that will be discussed on this call and which are also described in the company's reports filed with the Securities and Exchange Commission. Actual results may differ materially from those discussed today.

It is now my pleasure to introduce J. Patrick Gallagher, Jr., Chairman, President, and CEO of Arthur J. Gallagher and Company. Mr. Gallagher, you may begin.

J. Patrick Gallagher, Jr.



Thank you, (Claudia), and good morning, everyone. Welcome to our second quarter conference call and thank you for being with us this morning. This morning, I'm joined by Doug Howell, Chief Financial Officer as well as the heads of our operating businesses.

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