Arthur J. Gallagher & Co. completed the acquisition of Köberich Financial Lines.

Arthur J. Gallagher & Co, an American global insurance brokerage and risk management services firm, completed the acquisition of Köberich Financial Lines, an insurance agency. Financial terms were not disclosed. "Köberich complements Gallagher's existing financial lines expertise and is an excellent strategic fit as we continue to expand in Europe, I am very pleased to welcome Harald and his associates to our growing, global team," J. Patrick Gallagher, Arthur J. Gallagher & Co. Chairman and CEO.