Cullum-backed MBP takes minority stake in Sturdy Edwards
Minority Broker Partnerships has bought a minority stake in East Grinstead-based Sturdy Edwards (Insurance Brokers).
It is the third deal in recent months for investment vehicle MBP which is backed by Towergate founder and former Global Risk Partners (now Brown & Brown Europe) chairman Peter Cullum.
In September MBP invested an undisclosed sum in drone specialist managing general agent Moonrock Insurance. It has also invested in an unnamed broker in Kent.
We are excited to partner with MBP to support the next phase of our growth. Their extensive expertise in the insurance broking market will provide invaluable
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 Insight
New roles for Tonge and Grazier as Bspoke reshapes management structure
Bspoke Group has named Nick Grazier as group sales and marketing director and Wayne Tonge as group commercial managing director.
Meet the MGA: Arrow Risk Management
Arrow Risk Management CEO Jon Godfray explains how the MGA combines decades of expertise, cutting edge technology and underwriting excellence to create what he hopes the market recognises as a ‘quality shop’.
US insurer to target new brokers with company market play
Westfield Specialty International has announced plans to expand its business from a Lloyd’s-only vehicle into the company market.
People Moves: 8 – 12 December 2025
Stay in the loop with the latest insurance personnel moves.
Zurich signs five-year £350m specialist fleet capacity extension deal with Pen
Pen Underwriting has extended its capacity deal with Zurich, in a partnership that will enable the managing general agent to write more than £350m in premium over the next five years focusing on specialist fleet risks.
No punching the air, just a sense of relief – broker leaders on ex-employee fraudster being jailed
On 20 November this year ex-Invicta Insurance Services employee Leon Price was sentenced to a total of five years and three months in prison for stealing over £133,000. The broker's managing director Tigi Singhateh and operations director Adrian Best detail the investigation that brought their former colleague to justice.
Non-Financial Misconduct rules and what they mean for the insurance Christmas party
Isabella Macfarlane, head of London Markets at Insurance Compliance Services, outlines how incoming NFM guidelines may work in practice as we head into the busy Christmas party season.
Government’s motor insurance taskforce report sparks ‘fudge’ and ‘credible job’ reactions
The government has published its Motor Insurance Taskforce Report, whose work has been both praised as a “credible job” and slammed as “rehash” and a “fudge”.