Around the P&C insurance industry: March 15, 2023

Insurance industry news from Alliant Insurance Services, Nirvana, One Inc and more. (Photo: Shutterstock)

Alliant Insurance Services will launch its Cyber P&C specialty vertical at the RIMS RISKWORLD Conference, April 30-May 3 in Atlanta, Georgia. Alliant Cyber combines industry-leading consultative cyber risk and advisory services, risk quantification and third-party cyber security solutions with a cloud-based technology platform to deliver “Cyber Insurability 2.0,” an innovative new approach to cyber risk management.

Nirvana launched in London after acquiring Nirvana Risk Partners Tech and Cyber underwriter, from MGA formation platform Castel Underwriting Agencies in a management buyout. Nirvana, which is backed by a number of leading insurance carriers, has been set up by founding directors Kabir Chanrai and Rob Jones. Chanrai has a background in insurance-focussed private equity, and Jones has 25 years of underwriting expertise in the London and global markets, including at Hiscox, as well as a portfolio management role at AXIS Capital.