Nirvana launches following buyout from Castel
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Nirvana launches following buyout from Castel

m&a handshake office

London-based MGA Nirvana has launched following the acquisition of Nirvana Risk Partners from Castel Underwriting Agencies in a management buyout.

Nirvana, backed by several leading carriers, was founded by directors Kabir Chanrai and Rob Jones.

Chanrai has a background in insurance-focused private equity, while Jones has more than 25 years of London market experience and has held positions at Hiscox...

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