International insurance broker Howden has acquired Germany’s Franz Gossler Insurance Group, strengthening its position as Europe’s leading sports, film and entertainment broker.
Established in 1970, Franz Gossler Insurance Group is an owner-operated company specializing in the entertainment, film, event and advertising insurance sectors.
The transaction was executed by Howden Caninenberg, a professional broker in Howden Germany.
The company said the acquisition is part of its strategic aim to invest in local expertise and position itself as the pre-eminent choice for domestic and international clients in the entertainment industry.
Howden Caninenberg’s Managing Director for Film, Klaus Eisenberger, commented: “Franz Gossler and his team have built a strong reputation in the field of film insurance for decades and are therefore the ideal partner for us.
“This strengthens our position as the leading broker for film, TV and streaming services in the German-speaking region. This transaction fits seamlessly into our growth strategy across the European market.”
Franz Gossler Jr, owner of Franz Gossler Insurance Group, added: “As an owner-managed company
In its second generation, we have built a very successful business for clients in the film and entertainment industry in the DACH region. Now is the time to set the course for the future to better meet our customers’ global challenges.
“As an international company with expertise in film and entertainment ventures, Howden is the best place for us to continue to grow and serve our clients as they face these increasingly global demands and, from here on out, Let’s grow our business together.”
Duncan Fraser, Global Head of Sports and Entertainment at Howden, said: “With
With the acquisition of the Franz Gossler Insurance Group, we have further strengthened our position as one of the leading brokers in the German-speaking region as well as internationally in the sports, film and entertainment sectors.
“Clients in the film and streaming industries are increasingly demanding international solutions and a global network, which we deliver through our Howden Global Sport & Entertainment Practice.
“Together with Franz Gossler, we share an entrepreneurial spirit and a client-centric approach. We warmly welcome Franz Gossler and his team to Howden.”
After the acquisition of Franz Gossler Assimovie earlier this yearmaking Howden the largest television and film production agency in Italy.
