Following the recent acquisitions
of Protectagroup and HLI, Cullum Capital Ventures has announced two
further acquisitions.
Four Counties Insurance Brokers Ltd, which operates from offices in
St Neots and St Ives, Cambridgeshire, has a GWP of over £5m and
includes commercial, personal and scheme activity.
CCV Chief Executive Tim Johnson is
delighted with the company’s latest acquisition “Four Counties is
an innovative business with some very interesting schemes. This
moves CCV to £215m of GWP and adds another area of expertise to the
Group”.
David Parish, Director of Four
Counties, added, “The CCV philosophy fits well with the needs of
both our customers and staff. The improved access to products and
markets will enable us to continue the growth of the business”.
CCV has also acquired
Insurancemeans Ltd, a £1.6m GWP commercial lines business based in
Hertfordshire.
Peter Cullum, CCV’s Executive
Chairman, added: “CCV’s access to funding in a difficult market
place is allowing us to maintain our strong rate of growth. We
continue to provide an excellent home for independently minded
owners who wish to take their businesses to the next level”.