Pat Gallagher reveals what it takes to run an ethical insurance company

Global insurance brokerage and risk management firm, Gallagher, was recently recognized as one of the World’s Most Ethical Companies in 2019. The brokerage has been honored for the eighth year running by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. In 2019, Gallagher joined 127 other honorees spanning 21 countries and 50 industries. “Gallagher has been committed to maintaining the highest standards of moral and ethical behavior since our founding in 1927, and we’re truly honored to again be recognized as one of the World's Most Ethical Companies in 2019,” said J. Patrick Gallagher, Jr., chairman, president and CEO. “This distinction is a testament to our global team, united by the single purpose of helping people, businesses and communities navigate risk so they can face their future with confidence.” The World’s Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient (EQ) framework, which assesses a company’s performance in five key areas: ethics and compliance program (35%), culture of ethics (20%), corporate citizenship and responsibility (20%), governance (15%), and leadership and reputation (10%).