Ajax buy takes CCV's premium income to over £70m

Cullum Capital Ventures has announced its latest acquisition, with Liverpool–based Ajax Insurance Brokers joining the group.

CCV Chief Executive Tim Johnson said: "Ajax has an excellent trading history and a long established client base in the North West. With a GWP of £3m, this moves CCV to over £70m and strengthens our presence in the area.”

David Bunting, Managing Director of Ajax said: “We considered a number of potential homes for our business and felt that CCV was ideal for our customers, staff and equally importantly the ongoing development of the company.”

CCV’s Chairman, Peter Cullum said: “By investing in good quality regional firms, CCV will help both shareholders and staff build really successful businesses for the benefit of our customers and our staff. Ajax is an excellent addition to the family and with our involvement we are sure the company will continue its successful progress.”