International firm DAC Beachcroft has announced the launch of
its latest office, opening in Belfast, Northern Ireland.
The firm will cement its presence in Belfast through an acquisition
of the insurance business of Northern Irish firm McKinty and Wright, with which
DAC Beachcroft has maintained a formal ‘best friends’ relationship since 2016.
Following the completion of the deal, which is expected in early July, up to 17
fee earners, including six partners, will join DAC Beachcroft. The Belfast
office is the firm’s second new branch this year, following the announcement of
its Paris launch in January.
David Pollitt, DAC Beachcroft’s managing partner, said: ‘We go
where our clients need us. Having a presence in Northern Ireland is important
to many of our insurance clients in particular, and this is a strategic move in
response to increasing demand for us to be able to serve our clients across all
jurisdictions in the UK. Our best friends relationship with McKinty and Wright
has served us and our clients well and this is a further step in cementing DAC
Beachcroft’s name and position in the Belfast market. We see considerable
opportunities for insurance, as well as other parts of our business, and have
ambitious plans to grow our presence and capabilities quickly in this new
office so that we can better serve our clients.’
Sean McGahan of McKinty and Wright added: ‘We are very pleased
to be joining forces with a firm of DAC Beachcroft’s calibre and global
standing. Over the last three years we have become trusted partners and have
built an effective relationship that has enabled us both to serve all of our
clients better. To be able to offer our clients the breadth of know-how across
such a vast network is a huge advantage and one that sets us apart from the
competition.’
