DWF acquires claims manager Triton out of administration
Firms adds 210 staff with UK claims manager deal
January 24, 2017 at 11:49 AM
2 minute read
DWF has acquired claims manager Triton out of administration, saving 215 staff jobs.
Triton's commercial claims business works closely with City insurance market Lloyd's of London.
It also has a legal arm comprising a professional indemnity defence practice, a casualty practice and a loss adjusting service.
It has offices in Birmingham, Bristol, Leeds, London, Manchester and Dublin.
DWF is also acquiring Triton's company technology business, 3Sixty, a software consultancy that serves the insurance, legal, logistics and public sectors.
3Sixty will merge with DWF's legal innovation subsidiary 15squared, which focuses on volume claims, asset management and incident notification in the insurance and health and safety sectors.
DWF's managing partner and CEO, Andrew Leaitherland [pictured], said: "There are clear synergies between our two businesses in terms of our client bases and industry sector knowledge…this acquisition will allow us to diversify our international network while also strengthening some of our key locations in the UK."
Business services firm FRP Advisory was the administrator for Triton, while Pinsent Masons restructuring partner Steven Cottee advised FRP Advisory on the administration.
Cottee is currently advising restructuring and insolvency specialist Quantuma on the administration of King & Wood Mallesons.
DWF has been in expansion mode recently, opening in Paris earlier this month via a merger with four-partner firm Heenan Paris, and opening in Northern Ireland in December through a merger with 20-partner Belfast firm C & H Jefferson.
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