Nirvana targets global media, technology and cyber liability opportunities on Castel MGA platform.

21 April 2017

London, 21st  April 2017 – Nirvana Risk Partners (Nirvana) has launched today as an underwriting cell on the Castel Underwriting Agencies Limited (Castel) MGA formation platform to target media, technology and cyber liability risks.

Nirvana will underwrite risks for small and large enterprises on a global basis with a particular emphasis on UK, US and EU markets. 100% of Nirvana’s capacity is provided by Lloyd’s syndicates.

The team has proven expertise and a reputation for writing primary and excess layers on all three of these convergent specialty lines. These factors, combined with strong distribution partnerships, enables Nirvana to deliver sustained organic and profitable growth.

Rob Jones is partner at Nirvana. He is the former London media and technology manager at Axis Capital. Previously, he was senior underwriter technology, media and telecoms with Hiscox, and started his career with Aon in media, film and entertainment broking.

Rob Jones, commented: “Castel understands and values the operational needs and growth opportunities for specialty and niche business. 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.” 

Mark Birrell, CEO of Castel, said: “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. His experience and track record in developing profitable business in this arena make Nirvana an important addition to our underwriting cells.”

Nirvana is the seventh underwriting business to be launched on the Castel platform.

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