In this discussion, Mike Hayward, a portfolio manager at WCM Asset Management, dives deep into the world of Arthur J. Gallagher, one of the largest insurance brokerages globally. He explores the company's successful acquisition strategies and the competitive dynamics of the insurance industry. The conversation highlights Gallagher's unique cultural foundation, customer-centric focus, and how its resilience may lead to long-term value, despite evolving market challenges. It's a fascinating look at a company's legacy and its position in this critical sector.
