Finib was established in 1995 and is a retail insurance broker serving over 10,000 clients in the real estate sector across Finland. It has circa 40 employees and is led by founder & chairman, Eero Kuusela. Eero and managing director Sirpa Bitter-Helve will continue to lead the current team under the direction of Jonas Bergfeldt, CEO of Gallagher in the Nordics.
Commenting on the acquisition, Alex Nagler, CEO of Gallagher in Europe, said: "Finib is a perfect match for us and this acquisition presents a great opportunity for Gallagher to build our presence in Finland and enable the team to expand its current offering by accessing our global expertise. Its portfolio of specialisms are highly complementary to our existing businesses in Sweden and Norway, and provides us with additional scale in the Nordic region.
"Finib is extremely well respected, having been established over 30 years, and Eero and Sirpa and the wider team have a reputation for providing exceptional service to clients. With their local knowledge, coupled with our global size, scale and risk management and insurance expertise, this positions us well for future growth."
Focusing on the opportunities in the Nordics, Jonas, said: "Gallagher first entered the Nordics in 2013 and we have steadily expanded our business organically and through acquisitions over the last 12 years. We support a range of the largest sectors in the region with specialist risk management and insurance knowledge of sectors including energy, marine, life sciences, property and construction.
"With Finib as part of our team we are delighted to be bringing on board extra firepower to deliver on our ambitious future plans. I look forward to working with the team as we explore opportunities to expand our product and services."
Eero, added: "This is an exciting milestone for our team and becoming part of a global broker like Gallagher will enable us to take the business to its next stage of evolution, adding broader capabilities, deeper industry expertise, and greater access to international markets. Having established Finib a number of decades ago finding a partner that has the same mindset and client focused culture was very important and I feel Gallagher is a great fit for us."
