Looking to the future

Consolidation

Premium Finance Week: Despite coronavirus the broker space is still set to be a hive of activity for the remainder of 2020. Jonathan Swift finds out more with Close Brothers’ Paul Trail and Steve Wallis.

At the beginning of the year, many were predicting that 2020 would be a bumper year for consolidation in the broking sector, with so many well capitalised brokers looking to grow through mergers and acquisitions. 

Covid-19 might have slowed this down a bit but Close Brothers Premium Finance (CBPF) sales director Paul Trail is still predicting plenty of activity over the next 12 months: “Consolidation will carry on with private equity supporting it; and there will be the odd new player that is

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