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He was appointed Commander of the Order of the British Empire (CBE) in the 2011 New Year Honours for services to business and charity.

In 2008, Cullum offered Norwich City F.C. £20m, in return for becoming the majority shareholder. In November 2008, Cullum stated his determination not to ""just stand by as a spectator" if Norwich City was on the financial brink." He also expressed his admiration for what Delia Smith and Michael Wynn-Jones have achieved at the club:

He has established the Cullum Family Trust Scholarships at the Cass Business School in London, which gives scholarships of £10,000 to two MBA or MSc students every year. As a result, he was awarded an honorary doctorate of Science in Entrepreneurship by the school in 2007.

Cullum began his insurance career in 1969 with the Royal Insurance Group and progressed to sales and marketing positions within Commercial Union and ITT London and Edinburgh where he became marketing director in 1988. At the age of 21, he became the youngest person to pass the Chartered Insurance Institute fellowship examinations. In 1991, Cullum joined Economic Insurance and led their return to profitability in 1993. In December 1993, he led the management buyout of Economic Insurance that was sold in 1995 to Hiscox plc. He joined Hiscox as group marketing director, a role he held until he left in 1997 to create Towergate Underwriting Group. By 2010, his personal fortune was reportedly worth £1.7bn.

Peter Geoffrey Cullum CBE (born 1950) is a British businessman and philanthropist. He previously served as the executive chairman of Towergate Partnership until April 2015.

Peter Geoffrey Cullum was born in September 1950 in Norwich, Norfolk, England. In his youth, Cullum played for the Norwich City boys team and was a regular spectator at Carrow Road from the 1950s.