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Gallagher appointed Philip Frerks to lead Transaction Solutions in Germany and brought Andrea Karkotis on as Associate Director for Warranty & Indemnity (W&I) in the Netherlands. Announced on 1 October 2026, the hires place Frerks in Frankfurt and Karkotis in Amsterdam as part of the company’s stated expansion of its European Private Equity and M&A (PEMA) practice.
What roles are Frerks and Karkotis taking?
| Executive | Gallagher role | Base | Focus |
|---|---|---|---|
| Philip Frerks | Head of Transaction Solutions, Germany | Frankfurt | Transaction solutions for private equity and corporate M&A clients |
| Andrea Karkotis | Associate Director, Warranty & Indemnity, Netherlands | Amsterdam | W&I and related transaction work |
The appointments assign distinct responsibilities: Frerks leads transaction solutions in Germany, while Karkotis’s named specialty is W&I in the Netherlands. Gallagher announced both on 1 October 2026. Gallagher’s announcement is the primary source for their titles, locations and career summaries.
What experience do they bring?
Philip Frerks
Gallagher says Frerks has a decade of experience advising private equity and corporate clients on M&A-related risks. He joins from Malakut Group, where he was Head of M&A. Earlier, he was a director in a major broker’s M&A and transaction-solutions division and worked as an associate at White & Case and Sullivan & Cromwell. Reinsurance News also names Noerr among his previous law firms; Gallagher’s announcement does not include that detail. Reinsurance News’ report provides that additional career detail.
Andrea Karkotis
Before joining Gallagher, Karkotis worked at Clifford Chance on cross-border M&A, infrastructure, renewable energy and real estate transactions across Europe and the Middle East. Gallagher says his work included commercial contracting, due diligence and transaction management. He previously practised law in South Africa, focusing on commercial and industrial real estate transactions across South and Sub-Saharan Africa.
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How does Gallagher describe its PEMA expansion?
Gallagher presents the appointments as part of a broader effort to put experienced specialists closer to clients and advisers in European markets. The company says Frerks’s hire follows Federica Marcabruni’s June appointment for Italy, Gabriella Eriksen Wingren’s July arrival for the Nordics, and Sarah Dezes and Charles Amblard joining in France during the same period. That chronology is Gallagher’s account of its team expansion.
Alistair Lester, Gallagher CEO for Private Equity and M&A, UK & EMEA, called Germany “one of Europe’s most influential private equity and M&A markets and an important pillar of our growth strategy across the region.” Frerks said Gallagher had “built significant momentum across Europe” and had a clear ambition to become a leading adviser to the private equity and M&A community. These are company and executive assessments, not independently established market rankings or measures of performance.
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Alex Nagler, CEO of Gallagher in Europe, described Germany as strategically important to the group and linked its focus there to Gallagher’s acquisition of Krose earlier in 2026. He also cited continued European expansion, including the Benelux region. The announcement provides no market-share, deal-volume or client-outcome data for the hires.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What services does Gallagher’s PEMA practice offer?
Gallagher says its PEMA practice offers advice and insurance solutions across several transaction risks:
- Risk and insurance due diligence
- Pension and benefit due diligence
- Warranty and indemnity insurance
- Structured credit
- Tax liability solutions
- Contingent liability services or indemnity solutions
The company connects demand for these services with economic uncertainty and competitive deal conditions. That is Gallagher’s rationale for the practice’s offering, not a quantified or independently verified market finding.
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