Innovu expands into Munster with Cullen Insurance acquisition

Cullen Insurances was established in 1974 by Bill Cullen and has offices in Limerick and Newport, Co. Tipperary

Following this acquisition, Innovu will employ over 130 insurance professionals nationwide.

Limerick and Tipperary insurance brokers Cullen Insurances have been acquired by the Innovu Group for an undisclosed sum.

It is the fourth acquisition by Innovu in the past two years, having previously acquired Sheridan Insurances, Wexford Insurances and Goggin Insurance Brokers. The group said combined business will generate gross written premium of approximately €63m in 2021.