Pro MGA Global Solutions has partnered with specialty insurer MG Nirvana (Nirvana). Pro MG Global Solutions will provide regulatory, operational and technical support to aid Nirvana’s growth.
Pro MGA Global Solutions is the independent managing general agent (MGA) and incubation division of the (re)insurance provider Pro Global Holdings Limited.
London-based insurtech firm Nirvana's portfolio encompasses media; film and television; technology and cyber liability developed for all-size businesses. It plans to grow into a diversified underwriting service.
The partnership follows Nirvana’s management-led buyout from Castel last month. Nirvana’s infrastructure is built upon Castel MGA’s underwriting platform, and its underwriting is provided by Lloyd of London’s syndicates and insurance capacity.
Commenting on the mandate, Kabir Chanrai, CEO of Nirvana, says: “This is a very exciting time to be launching Nirvana independently, and I’m looking forward to driving ahead with our underwriting first and service mindset. With Pro MGA Global Solutions’ expert support, we can stay focused on pursuing our long-term growth strategy and delivering valuable solutions to our clients.”
