MGA Nirvana takes aim at global media, tech risks

Firm launches as an underwriting cell on MGA formation platform

MGA Nirvana takes aim at global media, tech risks


By Louie Bacani

Nirvana Risk Partners has launched as an underwriting cell on the MGA formation platform of Castel Underwriting Agencies Limited, targeting global media, technology and cyber liability risks.
The new firm will underwrite risks for small and large enterprises on a global basis with a particular emphasis on the UK, US and EU markets.
“Castel understands and values the operational needs and growth opportunities for specialty and niche business,” said Rob Jones, partner at Nirvana. “Their operational and governance infrastructure provides a high degree of confidence and supports us in offering brokers a more personal and agile business model, responding directly to their needs.”

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Jones was previously the London media and technology manager at Axis Capital. He was also a senior underwriter of technology, media and telecoms at Hiscox, after starting his career at Aon in media, film and entertainment broking.
“Castel provides an excellent platform for an entrepreneurial underwriter of Rob’s calibre to capitalise on the clear growth potential that the media, technology and cyber liability classes offer,” said Castel CEO Mark Birrell.

Birrell said Nirvana is an “important addition” to Castel’s underwriting cells with Jones’s track record in developing profitable business in the MGA arena.

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