Gallagher today announced it has acquired Köberich Financial Lines (Köberich). Terms of the transaction were not disclosed.
Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties & indemnities, professional indemnity and crime insurance. Köberich has a team of employees based in Cologne, Germany and its customer base includes energy, engineering, construction, manufacturing and mining companies. Harald Köberich founded the business in 2009 and Harald, along with his team, will remain in their current roles and become part of Gallagher’s European operations under the leadership of Alex Nagler, who joined in September 2023 to lead the firm’s expansion in the region. The acquisition of Köberich marks Gallagher’s first on-the-ground broking team in Germany. Gallagher currently has broking businesses in Sweden, Norway, Switzerland, Liechtenstein and Turkey.
Source: Arthur J. Gallagher & Co.
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