Peter is the majority shareholder of MVP. He began his insurance career in 1969, working for Royal Insurance Group, Commercial Union and ITT London & Edinburgh, before joining Economic Insurance and leading the management buyout, which was sold to Hiscox in 1996. In 1997, Peter created Towergate. It was an innovative new model for the insurance industry and has grown to become one of Europe’s largest independently owned insurance intermediaries.
Peter also set up the Towergate Charitable Foundation in 2005 which has since raised more than £7m for charitable causes.
In 2005, Peter won the Ernst & Young Entrepreneur of the Year award and in 2009, established the Peter Cullum
Centre for Entrepreneurship with Cass Business School, as a focal point for budding and established entrepreneurs.
In December 2010, Peter was awarded the CBE for his contribution to business, entrepreneurship and charitable causes. He is Vice President of The National Autistic Society and has funded the building of four specialist school units for children on the Autism spectrum in Surrey.
Peter co-founded Global Risk Partners Limited (GRP) in October 2013 and remains the largest individual shareholder.