Gallagher Bassett's acquisition of Safe T Professionals (STP) represents a strategic move to enhance capabilities in construction and industrial safety. By combining Gallagher Bassett's expertise in claims, risk management, and analytics with STP's field-tested safety solutions and nationwide presence, this partnership aims to deliver comprehensive, end-to-end safety and risk management services to clients across a wide range of industries.
In this discussion, Chad Markle, managing director of Gallagher Bassett's technical services team, and Josh Martinez, senior vice president of Construction Safety — formerly SVP of STP — provide valuable insights into the strategic rationale behind the acquisition, the benefits it brings to clients, and how it aligns with Gallagher Bassett's broader goals for growth and innovation.
What is the strategic rationale behind Gallagher Bassett acquiring STP?
This merger partnership with STP was built on shared values and a common goal, to raise the standard for construction and industrial safety across every job site and every industry we serve. This integration unites two industry leaders with deep expertise and differentiated capabilities. Gallagher Bassett's NYC Construction Safety team and STP bring unique geographic reach and customer focus yet share the same commitment to delivering exceptional safety services. Together we are creating a stronger, more comprehensive platform that expands our market presence and positions us for sustained growth in Construction and Industrial Safety. It's a strategic step toward building a safer, stronger, and more connected future.
Together, we can deliver safety solutions that not only protect workers but also improve project outcomes and client confidence. It's a strategic step toward building a safer, stronger, and more connected future.
How will the acquisition of STP improve the value and services Gallagher Bassett provides to clients?
The acquisition presents many opportunities for Gallagher Bassett's existing clients and prospects. These include:
- Expanded national presence and scale: Together, we have actively served clients in more than 40 states, providing a truly national footprint.
- Rapid staffing model (typically within 72 hours): STP brings proven, extensive nationwide networks and processes to Gallagher Bassett that will enable us to quickly staff client worksites with highly qualified, well-trained health and safety professionals.
- Industry breadth and depth: As we combine two of the largest firms in construction safety management, we bring unmatched experience across high-rise construction, industrial projects, data centers, semiconductors, heavy civil, and more.
- Safety thought leadership: Deep expertise across the construction life cycle positions us as the go-to partner for insights on leading practices and evolving regulations.
- Dedicated employee base: Nearly all of our professionals are full-time employees rather than 1099 contractors, ensuring greater continuity, responsiveness, and consistency for clients.
- Blue-chip client relationships: We have collectively built long-term, recurring partnerships with industry leaders — including ENR 400 companies and some of the world's most innovative high-tech firms driving the trillion-dollar race to build AI infrastructure.
How will the acquisition of STP drive innovation in our products, services, or processes?
Innovation thrives when experience meets insight. By integrating STP's real-world field safety data with Gallagher Bassett's expertise in claims, risk management, technology, and analytics, we can identify trends earlier, anticipate risk, and take action before incidents occur. This partnership moves Gallagher Bassett beyond reactive safety toward a proactive, predictive model that keeps people safe and projects on schedule. It's about using innovation to make innovation practical, measurable, and impactful for safety.
Why is Gallagher Bassett the right partner for STP's next chapter?
From day one, Gallagher Bassett felt like home. We share the same commitment to people, integrity, and excellence that has driven STP since we started. We didn't want a partner that would change who we are; we wanted one that would help us grow into who we're meant to be. Gallagher Bassett gives us that platform. Together, we can reach more clients, develop more safety professionals, and scale our impact in ways that matter.
What unique strengths or capabilities does STP bring to Gallagher Bassett?
STP brings field-tested expertise and a culture built on accountability, heart, and performance. Our teams thrive in fast-paced, complex environments, and we pride ourselves on delivering results that protect lives and strengthen client operations. What we add to Gallagher Bassett is a nationwide boots-on-the-ground perspective and an understanding of what it takes to make safety real, not just policy. Combined with Gallagher Bassett's resources and reach, that makes us unstoppable.
How does the acquisition of STP fit into Gallagher Bassett's broader strategy for growth and innovation?
Our STP acquisition directly supports Gallagher Bassett's strategy to evolve from a claims-focused organization into a comprehensive risk management partner. Our Technical Services unit, established in 2018 as part of the Construction Vertical Strategy, was designed to deliver consultative solutions that prevent, mitigate, and remediate risk — moving the conversation beyond claims to proactive loss control.
By integrating the acquired capabilities, we strengthen our vertical strategies, enhance our value proposition, and create long-lasting client relationships. This approach leverages data and insights for predictive solutions and positions Gallagher Bassett as an innovator in risk management. Ultimately, it accelerates our ability to deliver superior outcomes and reinforces our commitment to safety, efficiency, and long-term client success.
Learn more about Gallagher Bassett expanding its safety solutions.
Authors
Chad Markle
Josh Martinez
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