CC insurance head boosts DLA Germany

DLA Piper Rudnick Gray Cary has secured German insurance capability for the first time with the hire of Clifford Chance insurance expert Herbert Palmberger.

Palmberger, previously counsel at Clifford Chance in Düsseldorf, joins as a partner and will work out of DLA’s Cologne office.

Before joining Clifford Chance, Palmberger worked in-house at several insurance and reinsurance companies, including Hannover Re and Chubb. He joins DLA on 1 May.

The hire continues DLA’s expansion in Germany since its Cologne debut last year. After splitting with German ally Görg, DLA has raided the firm for managing partner Ulrich Jungst and has taken three partners to launch in Hamburg. The firm gained project finance expertise with the hire of Lovells senior associate Frank Roth and bolstered corporate with Clifford Chance partner Martin Schulte.