Arthur J. Gallagher & Co. has expanded its claims and risk management platform after its subsidiary, Gallagher Bassett, acquired Reck & Co, a Germany-based specialist in global transport and marine claims services. Financial terms were not disclosed.
The acquisition adds specialist capability in global transport and marine claims, an area where losses often cut across borders, legal systems, and counterparties.
Reck & Co brings experience spanning surveying and inspection, claims handling and adjustment, recovery services, and loss-prevention support.
Those skills matter when incidents involve cargo, vessels, ports, terminals, and logistics providers at once, often under time pressure.
For Gallagher Bassett, the deal deepens coverage across Europe and sharpens support for multinational clients seeking consistency across jurisdictions. Marine and transport losses demand tailored workflows.
Documentation moving between carriers, brokers, insureds, and authorities. Folding in a dedicated team shortens response times and improves investigation quality, with clearer recovery pathways.
The Reck & Co team will continue operating from Bremen. Leadership stays in place. Franz Kasten and Marc Friedrich retain local oversight, while the business integrates into Gallagher Bassett’s regional structure under Manan Sagar, who leads Europe, Middle East, and Asia operations.
Keeping teams intact matters in specialist claims, where local knowledge and market relationships drive outcomes.
Reck & Co. has a deep reputation in the global marine insurance market and will expand Gallagher Bassett’s claims service offerings in Europe. I am excited to welcome Franz, Marc and their associates to our growing, global team.
J. Patrick Gallagher, Jr., Chairman and CEO
The move fits a broader push to build scale and specialisation in claims management alongside brokerage services. Adding a focused marine provider extends support across the full claim arc, from incident response and assessment to handling, settlement support, and post-loss prevention insight.
For clients with international shipping exposure, the result is tighter coordination with insurers and counterparties and steadier execution across markets.
Headquartered in Rolling Meadows, Illinois, Gallagher delivers brokerage, risk management, and consulting services worldwide through owned operations and partner networks, with presence across roughly 130 countries.
Reck & Co operates as a fully fledged claims service provider in the field of transportation. Its offering spans on-site and documentary cargo surveys, assessment of damage to goods in transit, handling and settlement of transport claims, and pursuing recoveries against liable parties.
The company also advises on loss prevention, feeding lessons from claims back into clients’ logistics processes.
Historically rooted in Bremen’s maritime trade, Reck & Co has evolved into a niche marine and transport claims specialist, acting as a claims and surveying partner for insurers and cargo interests across Europe and beyond.
It has long served as a claims agent for major marine markets (including Lloyd’s-related work), and maintains a broad partner network to manage claims worldwide.
