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Arthur J. Gallagher & Co. Announces Executive Appointment

ITASCA, Ill., Dec 07, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Arthur J. Gallagher & Co. (NYSE: AJG) announces that Michael P. Golden has been appointed Northeast Regional Manager of the company's Brokerage Retail Division. He will report directly to James S. Gault, President of the Brokerage Retail Division.

Mr. Golden, who joined Gallagher in early October 2005, has more than 24 years of insurance industry experience. After serving in the U.S. Navy as a nuclear submarine engineering officer, he began his insurance career at Marsh & McLennan's Nuclear Insurance Practice. Over the years, he held many key positions there as Global Practice Leader, Head of New England Operations, Head of New York Operations, Chief Compliance Officer, and most recently Chief Market Relations Officer. He also holds an MBA in Finance/Marketing from the University of Connecticut.

"Mike's strong leadership skills and industry expertise are an excellent addition to our Northeast Region," said James S. Gault. "His solid commitment to client satisfaction fits perfectly within our culture, and we're looking forward to a long and successful relationship."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has offices in seven countries and does business in more than 110 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.

SOURCE Arthur J. Gallagher & Co.

Marsha J. Akin, Investor Relations of Arthur J. Gallagher & Co., +1-630-773-3800