Remaining Parker Norfolk divisions up for sale as administrators FRP hired
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Remaining Parker Norfolk divisions up for sale as administrators FRP hired

A photograph of the Lloyds Building in London from ground up

Lloyd’s broker Parker Norfolk, launched with backing from Maven Capital Partners in 2018, is to sell off its remaining business portfolios and close its doors, this publication can reveal.

Administrators FRP were appointed on Monday, after the intermediary “experienced financial challenges during the Covid-19 pandemic”.

The news follows the announcement yesterday from Nexus’s trade credit broker Xenia that it had acquired two books of business from Parker Norfolk –...

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