Gallagher Heath has always had a proud history, spanning over 130 years, giving us the breadth and depth of knowledge necessary to provide you with the high levels of service, trust and quality you demand.
In May 2011, Heath Lambert was acquired by Arthur J. Gallagher (UK) Limited, part of one of the largest international insurance and risk management firms in the world – Arthur J. Gallagher & Co (AJG). Founded in 1927 and headquartered in Itasca, Illinois, AJG employs nearly 13,000 staff spanning across 17 countries and doing business in more than 110 countries. We were renamed Gallagher Heath shortly afterwards.
We have, over the years, had a major impact on the development of the London insurance market with our forward-thinking approach.
How it all started
The Heath Company was founded in 1877 by Cuthbert Heath - one of the most influential pioneers in the development of the London insurance market. Heath was an innovator and is credited with the market’s first burglary policy, insurance against Zeppelins in the First World War and earthquake and hurricane insurance.
The high standards and innovation continued to earn respect for the Heath name throughout the 20th century, before Heath Group PLC reached a crossroads in 1986, when Richard Fielding and his partners were invited to cancel their initial public offering (IPO) and do a reverse take over of Heath.
In 1997, during what was considered to be the softest market conditions in the history of insurance, a leveraged buy-out by the management was agreed.
Lambert Fenchurch, itself a product of an earlier merger between Lowndes Lambert Group PLC and Fenchurch PLC can trace its origin back over 160 years to the coal factoring business set up by Francis Devereux Lambert, which developed into shipping and insurance broking.
By 1999, Lambert Fenchurch was delisted from the London Stock Exchange and merged with Heath, to form Heath Lambert Group.
Our History Timeline
(Click on the image below to enlarge)