Frenkel Topping has created a critical care and case management division as part of its focus on the personal injury and clinical negligence markets.
In an update to the market today (June 22), the firm said it had appointed Niccola Irwin to lead the new division, which will provide key services to support individuals who have suffered severe and life-changing injuries while they pursue a compensation claim.
The firm said it will look to add to the division through targeted acquisitions in order to scale rapidly.
Irwin has worked in case management for over 20 years and worked for a short time in the NHS before working for an insurance company providing in-house case management and rehabilitation services for moderately injured clients.
She joined Harrison Associates in 2004 and held various roles over a 16-year period, as well as undertaking case management and care occupational therapy expert witness work for catastrophically injured clients.
Commenting ahead of the firm's annual general meeting being held later today, Richard Fraser, chief executive officer, said: “The board believes the business is very well positioned to execute its consolidation of the PI and CN marketplace, with plenty of opportunities in the pipeline, which will deliver further growth in this financial year alongside organic growth.”
“The recent appointment of Niccola Irwin to set up and lead the critical care and case management division within the group is an important step to providing a fully integrated and consolidated offering in the PI and CN sector.
“The board reiterates its confidence in the full year outturn and that it continues to trade in line with management expectations."
Last month, the group reported a 25 per cent increase in its pre-tax profits as it said the first three months of 2021 had given cause for optimism for the rest of the year.
Pre-tax profits rose to £1.5m while revenue increased 19 per cent to £10.2m.
Meanwhile, in February, the firm secured two acquisitions, A & M Bacon Limited and Partners in Costs Limited, which were worth a combined £9m as the advice firm doubled down on its growth efforts in the personal injury and clinical negligence markets.
The move followed £13m raised by the advice firm last year to line its acquisition war chest, when it also bought Manchester and Leeds-based forensic accountancy business Forth Associates Limited.
Last summer Frenkel Topping's IFA arm agreed a 50:50 joint venture with personal injury specialists Express Solicitors in a deal which allowed it to provide post-settlement advice to the firm's clients.
Fraser said: "We have continued to trade positively since our last update at the time of our final results. The first five months of the year have seen strong organic growth; the winning of further Aum mandates and the recent acquisitions have been performing well and to plan."
He added: "Frenkel Topping delivered a strong and demonstrably resilient performance in 2020, against the challenging market backdrop which COVID-19 presented.