National firm Keoghs today confirmed it has completed its buyout of commercial firm Hill Dickinson’s insurance practice. Under the deal, 17 partners and 311 Hill Dickinson staff have moved to Keoghs. The buyout takes Keogh’s headcount to 1,740 people across 12 offices.
As well as adding staff to existing offices in London and Manchester, Keoghs will sub-let premises from Hill Dickinson in Liverpool as part of the transaction.
The sale excludes Hill Dickinson’s marine insurance and clinical negligence work, which has always been undertaken separately to its general insurance practice.
Keoghs acts for insurers representing half of the UK general insurance market and is based in Bolton, Coventry, Glasgow, London, Manchester and Southampton. Last year, Peter Jackson, head of Hill Dickinson, told the Gazette that any potential transfer of its insurance business group to a rival firm will be good for those involved.