UK firm Keoghs hires 17-strong team from Clyde
Keoghs is set to launch in Manchester after the hire of a 17-member insurance fraud team from Clyde & Co. The launch will bring the number of Keogh’s offices to four, adding to the two Bolton offices and one in Coventry.
The team is led by Manchester fraud head Damian Ward, who will lead Keoghs’ Manchester practice. Ward expects that the team will grow from 17 to 22 in the coming weeks, following further arrivals.
Keoghs’s expansion is being funded in part by the sale of a 22.5 per cent stake in the firm to a private equity firm, which was permitted after the firm was granted an alternative business structure license in September.
Director of product development at Keoghs Dene Rowe said: "Keoghs CFS Division is one of the largest and longest established specialist fraud units in the UK. Our new Manchester office marks the next step in our continued efforts to reduce fraudulent claims for our clients and help shape the way the industry handles suspect matters in future."