Press Release - Parabis Group

Press Release
28 April 2015
Parabis announces Board changes
Parabis, the multi-disciplinary legal services group, has
announced the appointment of Jason Powell as Group
Chief Executive.
Together with Group Commercial Director, Tim Roberts,
Jason Powell as Chief Operating Officer, has steered the
business through a period of significant restructuring and
rationalisation, to develop client-facing centres of legal
excellence across the UK.
Announcing the appointment, Parabis Group Chairman,
Paul Lester, said: “Over the last two years, we’ve focused
on transforming our business into a multi-disciplinary,
modern law firm, improving our organisation, control and
governance.
“Jason has been instrumental in helping to reshape
the business for future prosperity and growth and is a
natural leader. He will continue to work hand-in-hand
with Tim Roberts on the acquisition of new clients and
partnerships.”
As part of the Board-level developments, Deputy
Chairman and Non-Executive Director, Tim Oliver, takes
on a new role as Chairman of the Board of Parabis Law
LLP, the regulated law firm at the heart of the Group. He
will mentor and support Damon Burt, Managing Partner
(litigation) and Hilary Yeo, Managing Director (claims
handling), in their LLP roles. He retains his Group–level
Board position.
In 2012 Parabis Law LLP became the first privateequity backed Alternative Business Structure (ABS) to
be licensed by the Solicitors Regulation Authority (SRA),
when Duke Street took a majority stake in the business.
Jason Powell commented: “We now have a real
momentum for change and investment in the talent and
technology which can deliver our vision of an exciting
and broader legal services firm, in which we unlock
extraordinary opportunities for our customers – and they
for theirs.
“Parabis has an impressive capability spanning insurance
and consumer-led legal services. This is complimented
by a number of related services such as adjusting &
rehabilitation. As a high quality, solution-focused firm,
we are able to provide the kind of joined-up, streamlined
service customers demand from advisers today. It’s an
exciting place to be.”
-- Ends -Notes to Editors
Parabis secured ABS status for Parabis Law LLP in 2012. In the past
year it has formed ABS joint ventures with insurers Direct Line, Saga
and RSA. A multi-disciplinary group, the law and non-law operations
of Parabis combine to provide its insurer clients with a legal services
offering focused on their customers’ needs.
Duke Street became the first private equity investor to enter the legal
services market following the liberalisation ushered in by the Legal
Services Act (LSA) when it announced its investment in Parabis in 2012.
Innovative Solutions
www.parabisgroup.co.uk
Press Release
28 April 2015
Jason Powell joined Parabis as its first COO in September 2013
having built a reputation for transforming strategic development in the
healthcare and legal medical reporting sectors.
He was previously Divisional Managing Director of Capita Health &
Wellbeing, part of Capita Group PLC, whose key areas of focus were
the provision of clinical services health informatics, commissioning &
software solutions and public sector business outsourcing contracts.
His appointment as Divisional Managing Director followed periods as
Managing Director of two other Capita companies. He has also worked
for Premier Medical Group as CEO, BUPA as Head of Innovation,
and for packaging company BPC as Finance Director and later as
Commercial Director.
A Cranfield School of Management graduate, Jason has earned a
reputation for corporate strategic development, customer-facing new
commercial innovation and leveraging brand assets.
Contact Us
For more information please contact:
Clare Turnbull
Kysen PR
T: 020 7323 3230
E: clare.turnbull@kysen.com
Innovative Solutions
www.parabisgroup.co.uk