Analyst Coverage

Firm Analyst
Bank of America Merrill Lynch
Alison Jacobowitz
Barclays
Jay Gelb
Citigroup
James Naklicki
Deutsche Bank
Joshua Shanker
Dowling & Partners
Joe Christiana
J.P. Morgan
Sarah DeWitt
Janney Montgomery Scott
Bob Glasspiegel
Keefe Bruyette & Woods
Meyer Shields
Morgan Stanley & Co.
Kai Pan
Raymond James & Associates
Greg Peters
RBC Capital Markets
Mark Dwelle
Sandler O’Neill + Partners, L.P.
Paul Newsome
SunTrust Robinson Humphrey
Mark Hughes
Wells Fargo Securities
Elyse Greenspan
William Blair & Company
Adam Klauber

Arthur J. Gallagher & Co. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Arthur J. Gallagher & Co.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Arthur J. Gallagher & Co. or its management. Arthur J. Gallagher & Co. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.