CCV makes foray into underwriting with latest acquisitions

Michael Rea Cullum Capital Ventures

Cullum Capital Ventures (CCV) has completed the acquisition of two further businesses in the north east of England.

Regional broker BIB Darlington and underwriting agency BIB Underwriters have been wholly acquired by CCV.

The underwriting agency, which specialises in farm business, controls in the region of £20m in gross written premiums (GWP) while its sister broking company BIB Darlington has approximately £10m GWP.

CCV CEO, Michael Rea commented: “BIB Darlington and BIB Underwriters represents a fantastic proposition of both broking and underwriting business in a niche sector, whilst BIB Darlington is

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