FEN announces New Major Trauma Centre

Frenkel Topping Group PLC

05 June 2023

 

REACH

Frenkel Topping Group plc

("Frenkel Topping", "the Company" or the "Group")

Frenkel Topping Announces Partnership with New Major Trauma Centre via Cardinal Management Limited

Frenkel Topping Group (AIM: FEN), a specialist professional and financial services firm operating in the Personal Injury (PI) Clinical Negligence (CN) space, is delighted to announce that Cardinal Management Limited ("Cardinal") has agreed a partnership with a new major trauma centre, Alder Hey Children's Hospital, following a competitive bid process. This takes the the total number of major trauma centres to nine.

Frenkel Topping acquired Cardinal in January 2022, to provide a clear and direct link to claimants and their professional representatives, at the earliest stage possible after serious injury or illness. This in turn introduces the portfolio of FTG services in a relevant and timely way to its clients in the PI and CN litigation space as well as claimants themselves.

Over the last seven years the Major Trauma Signposting Partnership delivered by Cardinal, has helped more than 8,000 patients at NHS Major Trauma Centres. Cardinal is pleased to have added the Major Trauma Centre at Alder Hey Children's Hospital, enabling the complex welfare support to reach a greater number of patients.

The Company is pleased to see the continued performance of Cardinal. As a result, the Group's number of successful claims and cases coming to settlement will increase, in turn driving further growth in AUM.

Andrew Pemberton, Managing Director of Cardinal, said:

"I am delighted that we will be supporting families and patients at Alder Hey Children's Hospital. This is the 9th hospital to join the MTSP family and we are looking forward to helping Dr Sarah Stibbards and her team in the hospital very soon."

Richard Fraser, CEO of Frenkel Topping, said:

"The addition of Alder Hey to Cardinal's portfolio of Major Trauma Centres is testament to the incredible care the Cardinal team delivers inside Major Trauma Centres to patients in the most difficult of circumstances. It will also allow the Frenkel Topping Charitable Foundation to extend its Bedside Assistance Fund to the Major Trauma Team at Alder Hey to pay for the small but vital items that can make a big difference to patients immediately after traumatic injury such as clothing, phone credit or taxi fares for loved ones.

"Cardinal was a milestone acquisition for the group because it allowed us to extend the customisation of client care and deliver the very best service levels to clients from immediately after injury or illness and for the rest of their lives. Bringing Cardinal into the FTG family allowed us to continue to strengthen our reputation as a full-service provider and a leading operator in our field with multiple touch points across the space."

For further information:  

Frenkel Topping Group plc	www.frenkeltoppinggroup.co.uk
Richard Fraser, Chief Executive Officer	Tel: [phone]
finnCap Ltd	Tel: [phone]
Carl Holmes/Abigail Kelly/Milesh Hindocha (Corporate Finance) Tim Redfern / Charlotte Sutcliffe (ECM)

About Frenkel Topping Group

The Frenkel Topping Group of companies specialises in providing financial advice and asset protection services to clients at times of financial vulnerability, with particular expertise in the field of personal injury (PI) and clinical negligence (CN).

For more than 30 years the Group has worked with legal professionals and injured clients themselves to provide pre-settlement, at-settlement and post-settlement services to help achieve the best long-term outcomes for clients after injury. It boasts a client retention rate of 99%.

Frenkel Topping Group is focused on consolidating the fragmented PI and CN space in order to provide the most comprehensive suite of services to clients and deliver a best-in-class service offering from immediately after injury or illness and for the rest of their lives.

The group's services include the Major Trauma Signposting Partnership service inside NHS Major Trauma Centres, expert witness, costs, tax and forensic accountancy, independent financial advice, investment management, and care and case management.

The Group's discretionary fund manager, Ascencia, manages financial portfolios for clients in unique circumstances, often who have received a financial settlement after litigation. In recent years Ascencia has diversified its portfolios to include a Sharia-law-compliant portfolio and a number of ESG portfolios in response to increased interest in socially responsible investing (SRI).

Frenkel Topping has earned a reputation for commercial astuteness underpinned by a strong moral obligation to its clients, employees and wider society, with a continued focus on its Environmental, Social and Governance (ESG) impact.

For more information visit:      www.frenkeltoppinggroup.co.uk

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