Full-Time
Posted on 1/30/2025
Insurance brokerage specializing in risk management
$57k - $95kAnnually
Junior, Mid
Lake Oswego, OR, USA
Hybrid workplace with up to 3 days of remote work per week.
Woodruff Sawyer offers insurance brokerage and consulting services, focusing on risk management, insurance, and employee benefits for commercial clients, including technology firms and large corporations. They create customized insurance solutions by identifying emerging trends and enhancing clients' risk management strategies. Unlike competitors, Woodruff Sawyer has a deep understanding of the tech insurance market, providing valuable insights to help clients navigate complexities. Their goal is to be a trusted advisor, helping clients effectively manage risks and secure optimal insurance solutions.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
San Francisco, California
Founded
1918
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Flexible Spending Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Company Equity
Wellness Program
Professional Development Budget
Additionally, Gallagher expanded its footprint in the Upper Midwest by acquiring Dyste Williams, a Minneapolis-based retail insurance agency.
Arthur J. Gallagher & Co. announced a definitive agreement to acquire Woodruff Sawyer for $1.2 billion, subject to regulatory approval, expected to close in Q2 2025. Woodruff Sawyer, based in San Francisco, offers commercial property/casualty products and risk management services. The acquisition aims to enhance client offerings and expand capabilities. Woodruff Sawyer's pro forma revenues and EBITDAC for 2024 were approximately $268 million and $88 million, respectively.
Insurance brokerage Arthur J. Gallagher & Co. bought Woodruff Sawyer, a provider of commercial property and casualty insurance products, employee benefits solutions and risk management services, for $1.2 billion, the companies said today.
This article is part of VentureBeat’s special issue, “The cyber resilience playbook: Navigating the new era of threats.” Read more from this special issue here.Today’s cyber attacks can be paralyzing — and extremely costly — for modern enterprises. Armed with AI, hackers are exploiting vulnerabilities faster than ever.However, standard business insurance products such as general or professional liability policies (errors and omissions, or EO) typically don’t cover losses or damages as the result of breaches or other cyber-related incidents. This makes cybersecurity insurance increasingly critical in 2025 and beyond, particularly as AI transforms (and simplifies) hackers’ methodologies. Cybersecurity-specific insurance policies cover a range of remediation cost and recovery efforts to help enterprises limit damage, recover faster and improve their overall cyber hygiene. But as with any other type of coverage, cyber insurance can be complicated to navigate and full of legalese and loopholes. Let’s go over the basics, why it’s important, what to look for and what trends to expect this year as AI takes center stage. So what does cyber insurance cover?Typically, cyber policies offer coverage for first-party (direct losses) and third-party (outside the business) damages. General coverage includes:. Business interruptions: Lost revenue when an attack takes systems offline;Attack remediation: Incident response, forensic investigations or system repairs;Customer notification and reputation management: Automated alerts when customers’ personally identifiable information (PII) may have been accessed; credit monitoring and breach hotlines; PR work to help repair the brand;Legal expenses: Litigation as the result of a breach (such as lawsuits filed by customers or vendors), what’s known as “duty to defend”;Regulatory action: Investigations that require legal services and potential fines. In the case of ransomware, it’s important to note that, while providers have covered payouts in the past, many are backing off of this practice because hackers are demanding more and regulators are scrutinizing
SAN FRANCISCO, Feb. 3, 2025 /PRNewswire/ -- Woodruff Sawyer, one of the largest independent insurance brokerages in the US, announced today the release of the 2025 Cyber Looking Ahead Guide. A competitive market has driven down cyber insurance costs, allowing many businesses to reduce their premiums. Looking ahead, Woodruff Sawyer expects pricing to remain stable to moderately lower in 2025, despite mixed expectations from underwriters. However, even as the market offers some relief for buyers, the underlying cyber risk landscape continues to grow more volatile. Download the Guide Attend the 2/4 webinar. Evolving Cyber Threats and Rising Risk Factors