Nirvana, the Media, Tech, and Cyber-focussed managing general agent (MGA), has announced it has selected Insureflow, a leading insurance software solutions provider, to help drive efficiencies and grow the business.
Nirvana launched in London in March 2023, after Founding Directors Rob Jones and Kabir Chanrai acquired Nirvana Risk Partners from MGA formation platform Castel Underwriting Agencies.
Mr. Chanrai said that by using Insureflow, Nirvana gains access to a wealth of expertise and a cutting-edge software solution designed to optimise operations and fuel growth. In addition, the collaboration aims to empower Nirvana to stay ahead of the curve in the ever-evolving digital landscape.
Tailored Solutions: Nirvana will benefit from a fully customised software solution that will address their unique challenges, streamlining processes and supporting their continued growth.
Scalability and Adaptability: As Nirvana scales and evolves, the software solution provided by Insureflow will seamlessly grow alongside it, enabling continued success.
Client and Broker Service: Insureflow will enable Nirvana to deliver a premium service to its clients and brokers, and assist (rather than replace or reduce) underwriter contact and touchpoints.
Expert Support: Insureflow's team of specialists will offer dedicated support, ensuring a smooth implementation and ongoing assistance for Nirvana.
Embracing Innovation: By partnering with Insureflow, Nirvana gains access to the latest software innovations, empowering it to embrace emerging opportunities and drive industry advancements.
“We are excited about our partnership with Insureflow,” said Mr. Chanrai. “We think Insureflow’s technology will enable us to provide a seamless service to clients and brokers, and support our high-touch, people-led approach to doing business by making pricing, policy issuance and administration, and other aspects smoother and faster.”
"We are thrilled to embark on this collaborative journey with Nirvana as we share a mutual commitment to driving innovation and achieving success," said Insureflow Chief Executive Officer Adam Foot. "By combining our expertise and innovative software solutions, we aim to create a dynamic partnership that propels Nirvana to new heights."
Nirvana is a newly launched MGA platform, following the initial acquisition of Nirvana Risk Partners, the Media, Tech and Cyber MGA, from Castel in 2023. Nirvana is building an underwriting-first, client-first business, with a long-term mindset. Since launch, Nirvana have expanded into European W&I, with the hire of Thomas Mannsdorfer, and expect to grow further through team hires and acquisitions over the coming years.
Insureflow is a comprehensive, cloud-hosted insurance distribution, underwriting, and administration platform designed to solve problems, drive growth and deliver innovation. With a focus on cutting-edge technology and a customer-centric approach, Insureflow empowers organisations to thrive in the digital era.