Peter Cullum rolls with Oasis deal

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Peter Cullum’s Lexicon Property has bought Oasis Property Insurance Services in a deal that adds over £10m in gross written premium to the managing general agent (MGA).

The deal, for an undisclosed sum, sees the Oasis team led by Nigel Attwood remain in their offices in Worthing and focus on more non-standard risks within the property owners sector.

Essex-based Lexicon is run by James Watkin and Gary Chapman.

It is owned by an insurance group, Trimulgherry Investments, founded by Peter Cullum

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