Operator

Good afternoon, and welcome to Arthur J. Gallagher & Company's First Quarter 2026 Earnings Conference Call. [Operator Instructions] Today's call is being recorded. [Operator Instructions]

Some of the comments made during this conference call, including answers given in response to questions, may constitute forward-looking statements within the meaning of the securities laws. The company does not assume any obligation to update information or forward-looking statements provided on this call. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to the information concerning forward-looking statements and Risk Factors section contained in the company's most recent 10-K, 10-Q and 8-K filings for more details on such risks and uncertainties.

In addition, for a reconciliation of the non-GAAP measures discussed on this call as well as other information regarding these measures, please refer to the earnings release and other materials in the Investor Relations section of the company's website.

It is now my pleasure to introduce J. Patrick Gallagher, Jr., Chairman and CEO of Arthur J. Gallagher & Company. Mr. Gallagher, you may begin.

J. Gallagher
Chairman & CEO

Thank you very much. Good afternoon, and thank you for joining us for our first quarter '26 earnings call. On the call with me today is Doug Howell, our CFO; and other members of the management team.