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23 September 2025Insurance

Gallagher chief warns on PE-backed hiring lures; long-term maths doesn’t add up

High-growth insurance brokerages backed by private equity (PE) are offering sizable signing bonuses that may not translate into strong long-term earnings, according to Arthur J Gallagher chair and CEO J. Patrick Gallagher (pictured), who said he was “irritated” by such offers.

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