Cullum and McCaffrey on Minority Broker Partnerships’ aim to hit £100m GWP by end of 2026
Launched without much fanfare, Minority Broker Partnerships reunites Peter Cullum and James McCaffrey into the intermediary investment space. However, as the pair tell Jonathan Swift the market has changed since their last attempt - with younger brokers and niche specialists coming to the fore in a sector where PE and banks are rolling back support.
Insurance veteran Peter Cullum’s latest broker investment vehicle is on track to hit at least £80m GWP by the end of 2026, according to its bosses. But in all likelihood the figure will be greater based on its deal pipeline.
Minority Broker Partnerships signed four deals at the tail end of last year in drone specialist MGA Moonrock (September), Business Cover UK trading as Tree Surgeon & Forestry Insurance Services ( November), Sturdy Edwards (November) and Cyber Cover (December).
MBP marks the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
SRG broker to wholesale pothole damage cover
Strategic Insurance Services has launched a vehicle insurance product designed to cover damage caused by potholes, making it available to brokers on a wholesale basis for private motor and commercial fleet clients.
BMS boosts new A&H team with five hires
BMS Group has created an accident and health division, adding five people to the team including managing director James Early.
Broking Success: Building up – Josh Samrai, ABA Insurance
Josh Samrai, managing director of ABA Insurance, looks to become the go to insurance broker in the construction industry while training up the next generation.
Gledhill: Lucida looking for growth with ‘last piece of the jigsaw’ George
Lucida Group is poised for growth, having secured new capacity, embraced data and bolstered its bench strength with a series of senior hires, according to its CEO Matthew Gledhill.
England cricket captain Ben Stokes to close Biba conference
The British Insurance Brokers’ Association has revealed cricketer Ben Stokes, captain of the England men’s Test team, will be closing its annual conference, as Kay Burley is set to host the two-day event along with Davina McCall also taking to the stage.
Aviva takes Myles from Gallagher as branch manager in expanded South East role
Aviva has swooped for Kerry Myles from Gallagher as branch manager for the South East, starting in the role on 16 March.
Flock CEO Klinger outlines broker growth plan after Admiral deal
Flock CEO Ed Leon Klinger has outlined that it is keen to grow its broker base following its acquisition by the Admiral Group.
Bravo targets reseeding the industry and adds insurers to digital trader
Bravo Networks is set to add two insurers to its digital trader platform by then end of the month and has highlighted there is a gap in the market to reseed the industry to make “independent regional brokering thrive”.