Crawford & Company’s application for an alternative business structure (ABS) has been granted, allowing the US-headquartered firm to offer an extensive range of legal services in the UK.
An ABS licence which is awarded by the Solicitors Regulation Authority allows the firm’s Crawford Legal Services (CLS) subsidiary to practice and advise clients.
The firm which claims to be one of the world’s largest independent claims management solutions providers intends to offer solutions that integrate legal services with insurance claims and consultancy.
However, the firm which is listed on the New York Stock Exchange has not divulged how large its UK operation will be.
Clive Nicholls, Crawford CEO for the UK and Ireland, noted that the firm’s new licence is possible because of new legislation.
“This is an exciting new chapter in the development of our business, afforded by legislation that allows Crawford to own its own law firm,” Nicholls said.
“Our core legal services will span everything from litigation and technical support in handling niche, complex or high value claims, to all aspects of volume motor and transport claims, liability, and property claims,” he added.
Meanwhile, Jason Spencer, CLS managing director, said that there has been a steady demand from clients for an expanded service.
“Brokers, insurers and corporate clients from across Crawford & Company UK have frequently called for a more expansive claims solution that encompasses legal support at the appropriate stage,” the firm’s Jason Spencer said.
“We have spent a long time developing a sustainable business model, and we look forward to unveiling the Crawford Legal services brand to the industry,” he added.
“We aim to offer a legal model with a difference. Our ABS structure, supported by the Crawford UK infrastructure, creates an unrivalled offering and commercial flexibility without losing the quality and value of an independent legal practice,” he said.