Cullum-backed GRP backs Plum MBO

Three businesspeople meet and shake hands

Plum Underwriting, the specialist household insurance managing general agent, has completed a management buyout (MBO) with financial backing from Global Risk Partners - the private equity venture supported by Towergate's non-executive director Peter Cullum.

The deal has been done to support Plum's expansion plans. Plum's executive team consisting of David Whitaker, managing director, Tobias Daley, underwriting and claims director, and Mahben Quddus, head of operations and marketing, will

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: