CCV in Norwich move
Cullum Capital Ventures has announced a minority investment stake into the general insurance busines...
Cullum Capital Ventures has announced a minority investment stake into the general insurance business of Norwich-based broker Smith and Pinching. The business, with a gross written premium of £13m, has a household scheme portfolio, as well as a book of commercial and personal lines business, and represents about one third of the Smith and Pinching Group's business portfolio. There are 'put and call' options in place to acquire the rest of the business. CCV has a target of reaching £100m of GWP
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