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Greater Manchester insurance specialists Keoghs has opened a third office in Bolton s it seeks to expand its casualty claims team.
The firm, which also has a base in Coventry, said that up to 70 employees will work from the new 7,500 sq ft facility, with the firm looking to make a number of “key appointments” in the coming months.
The new investment will create an operational centre for handling employers’ and public liability claims on behalf of insurers, local authorities and businesses.
The firm’s chief executive John Whittle said: “We’re committed to investing in our infrastructure to support our growth and to create excellent working environments for our people, our most important asset.
“Our casualty claims team is just one the our service lines which we’re going to expand significantly over the next 12 months as we look to meet sustained demand for our market-leading services.”
Keoghs pulled in £41m in turnover in 2010-11, with an average profit per equity partner of around £420,000, according to estimates in The Lawyer UK200. The firm has around 47 partners, 16 of whom are in the equity.
The Lawyer revealed earlier this year (28 April 2012) that the firm was in exclusive ABS talks with private equity firm Bowmark Capital about taking external investment.