Nirvana

What Nirvana does

Nirvana (NRP UW Limited) is a UK-headquartered specialty Managing General Agent (MGA) operating across six offices in London, Norwich, Brackley, Barcelona, Brussels, and Zug. Founded in 2017 by Rob Jones and spun out from Castel Underwriting Agencies via a March 2023 management buyout led by Kabir Chanrai (CEO) and Rob Jones (Executive Chairman), the company underwrites seven product lines: Media Liability, Technology Liability, Cyber Liability, Life & Protection, Specialty Accident & Health, Health, and Sport & Leisure, plus a European SME Warranty & Indemnity binder. The platform serves brokers and intermediaries globally — approximately 65% of business comes from North America — with a growing UK and European footprint following the September 2024 Aviva EEA cyber binder, the November 2025 Pulse Insurance merger (adding A&H and Non-standard Life), and the December 2025 Arena NV acquisition (Belgian sports insurance covering 100+ federations and 2,300 sports clubs).

Nirvana distributes exclusively through insurance brokers and intermediaries, never directly to end customers. Its products are quote-based and tailored to individual risk profiles, with multi-year policy periods (up to 84 months for Film & Television Media coverage) and line sizes ranging from £/$/€5m (Technology) to £/$/€10m (Media). Capacity is provided by seven Lloyd's syndicates plus company market insurers, all A+ rated (S&P), with the Aviva partnership providing dedicated EEA cyber authority. Underwriting operations are powered by Insureflow's cloud-hosted insurance distribution and administration platform. Investors include long-term private backers (Abry Partners, Euston Ventures, M2O, VALE Insurance Partners, Meijers Assurantiën) committed for a 10-year holding period, and team members hold equity.

The company has approximately 40-50 employees post-merger and pursues an explicit roll-up strategy: organic team hires combined with bolt-on acquisitions in specialty lines where mainstream insurers are reluctant to provide capacity. Recent milestones include FCA-regulated merger with Pulse Insurance (Nov 2025) and acquisition of Arena NV from Ryan Specialty (Dec 2025), positioning Nirvana as a multi-line, multi-geography specialty platform with 8+ active product lines spanning professional liability, cyber, life, A&H, health, sports, and transactional insurance.

Name

Nirvana

Legal name

NRP UW Limited

Website

https://nirvana-uw.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Nirvana is a UK-based specialty insurance MGA underwriting Media, Technology, Cyber, Accident & Health, Life, and Sports lines for brokers across the UK, Europe, and North America. Backed by seven Lloyd's syndicates with A+ rated capacity, it operates from six offices and serves as a Lloyd's coverholder.

Ownership category

akta.pro rank

Product category

Specialty Insurance Underwriting (Managing General Agent)

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411), Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industry

Technology / IT Services BOP (FSAJAFAK)

Keywords

• Specialty insurance underwriting
• Managing general agent
• Media liability insurance
• Cyber liability insurance
• Lloyd's coverholder

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Underwriting Premiums: Nirvana operates as a Managing General Agent (MGA) earning revenue through underwriting insurance premiums across multiple specialty lines including Media, Tech, Cyber, Accident & Health, Life, and Sports. The company earns underwriting profit and receives capacity support from leading insurers and Lloyd's syndicates.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Nirvana operates as a specialty Managing General Agent (MGA), underwriting and distributing niche insurance lines on behalf of Lloyd's syndicates and company-market capacity partners. Its core offerings span Media Liability, Technology Liability, Cyber Liability, Specialty Accident & Health, non-standard Life & Protection, Health, Sport & Leisure, and a European SME Warranty & Indemnity product, distributed exclusively through insurance brokers and intermediaries across the UK, Europe, and North America.

Product overview

Nirvana Underwriting is a specialty Managing General Agent (MGA) operating as a multi-line insurance platform offering seven distinct product lines: Media Liability, Technology Liability, Cyber Liability, Life & Protection, Specialty A&H, Health, and Sport & Leisure. The platform also includes a Warranty & Indemnity product for European SME M&A transactions. Products are distributed under both the Nirvana and Pulse Insurance trading names following the November 2025 merger, and the December 2025 acquisition of Arena NV. The platform provides underwriting capacity backed by Lloyd's of London and leading insurer partners, serving brokers and intermediaries across the UK, Europe, and international markets.

Differentiator

Problem solved

Functional benefit

Brands

• Arena: Belgian sports insurance brand acquired from Ryan Specialty, providing cover to federations and clubs across Flemish and French-speaking regions. Covers over 1.3 million non-professional athletes.
• Pulse

Products and services

• Media Liability Media Errors & Omissions and Film & Television Producer's Liability insurance covering publishers (book/newspaper/magazine/online), television and radio broadcasters, film and TV producers, entertainment companies, advertising agencies, and content creators against negligent publication, copyright infringement, and defamation risks. Maximum line of £/$/€10m with policy periods up to 18 months (36 months Single Project Media; 84 months Film & Television).
• Technology Liability Professional liability insurance for technology businesses covering negligent acts, errors, or omissions in provision of IT services and failure of technology products. Maximum line of £/$/€5m, claims-made basis, A+ rated security (S&P), for software providers, cloud providers, IT consultants, and telecommunications services.
• Cyber Liability Cyber liability insurance protecting businesses against data breaches, system interruption, ransomware, and other cyber threats. Covers network security & privacy liability, regulatory action defense, crisis management, computer system extortion, business interruption, and data restoration. Available as standalone or add-on coverage, with tailored local-language policy forms in the EEA under the Aviva binding authority.
• Life & Protection Non-standard life insurance providing financial protection for individuals declined by traditional insurers due to medical conditions, mental health history, high-risk occupations, or hazardous hobbies. Covers both individual and group products, distributed through Pulse Insurance under the Nirvana group.
• Specialty A&H Accident & Health insurance solutions including Group and Individual Personal Accident & Illness, Group Business Travel, Kidnap and Ransom, and other niche offerings, provided through Lloyd's and company markets from Pulse Insurance.
• Health Health insurance products including Cancer Care and County Medical, offering policies that supplement the NHS with transparent resolutions and expert healthcare insurance guidance, distributed through Pulse Insurance under the Nirvana group.
• Sport & Leisure Sports and leisure insurance covering clubs, leagues, associations, and businesses across Belgium (via Arena NV, covering 100+ federations and 2,300+ sports clubs with 1.3 million non-professional athletes), UK, and Northern Ireland.
• Warranty & Indemnity (W&I) Mergers and acquisitions Warranty & Indemnity insurance for European SMEs covering warranty risks in M&A deals. Total available line size of EUR 20m, served from the Barcelona hub in partnership with top Lloyd's syndicates.

Named customers6 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered major and core.

• Ryan SpecialtymajorOthers · 5 December 2025Ryan Specialty sold Arena NV to Nirvana, marking Nirvana's expansion into the Belgian sports insurance market. Arena is a leader in Belgian sports insurance serving over 100 federations and 2,300 sports clubs covering 1.3 million non-professional athletes.
• AvivacoreStrategic or Co-development Partner · 1 September 2024Multiyear European cyber insurance partnership where Nirvana has authority to underwrite cyber risk on behalf of Aviva within the European Economic Area. Clients benefit from market leading claims adjustment and incident response services, as well as tailored local language policy forms. Andrea García-Beltrán leads underwriting from Barcelona.
• Acrisure RemajorStrategic or Co-development Partner · 20 September 2023Acrisure Re arranged the panel of insurers for Nirvana's European SME W&I binder with total available line size of €20m in partnership with top Lloyd's syndicates.
• InsureflowcoreTechnology or Integration · 19 May 2023Nirvana selected Insureflow, a leading insurance software solutions provider, to drive digital efficiency and support continued growth. Insureflow provides a cloud-hosted insurance distribution, underwriting, and administration platform designed to streamline pricing, policy issuance, and administration processes.

Scale indicators8 records

Recent moves12 records

Expansion highlights7 records

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nirvana-risk-partners/about

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nirvana