MGA Nirvana swoops for ex-WTW/Aon cyber talent to grow European business
New specialty managing general agent (MGA) Nirvana has snapped up a cyber insurance veteran with a background at broking giants Aon and Willis Towers Watson to grow its European SME portfolio.
Andrea García–Beltrán will join Nirvana in March in the newly-created role of head of cyber Europe.
García-Beltrán will be responsible for leading and building a new cyber insurance product focussing on small-to-medium-sized (SME) businesses in Europe, which is expected to launch later in 2024.
García–Beltrán was head of cyber underwriting at RSA until 2022. She then moved to head of Finex LatAm at Willis Towers Watson, before setting up her own cyber consultancy business in 2023. She worked for more than a decade at Aon and was previous chair of the Cyber Underwriting Insurance Committee at the International Underwriting Association.
Based in Barcelona, she will report to Nirvana chairman and head of media, tech and cyber, Rob Jones.
“Andrea is one of the foremost cyber insurance underwriters in the London market, and we are thrilled that she has chosen to join our growing team at Nirvana,” Jones said. “We see tremendous growth opportunities in the cyber market, and Andrea’s vast experience will be invaluable as Nirvana seeks to grow our share of this market.”
García-Beltrán commented: “I am thrilled to join Nirvana as the Head of Cyber for Europe, a role that aligns perfectly with my passion for client-focused solutions in the dynamic field of cyber insurance.
“Nirvana's commitment to innovation and strategic focus on growth and its leadership presents an exciting opportunity to not only shape the company's trajectory but also contribute significantly to the evolving cyber insurance market. I look forward to leveraging our expertise to develop cutting-edge products, navigate market trends, and establish Nirvana as a leader in cyber insurance.
“Together, we embark on a journey to create meaningful impact and build lasting solutions for our clients working closely with brokers, making Nirvana a powerhouse in the European industry that will pave the way for a secure digital future.”
Nirvana chief executive officer and co-founder Kabir Chanrai added: “We are very excited to be building our new European cyber insurance product with Andrea at the helm, bringing a wealth of product experience with her.”
In March 2023, Nirvana announced it had appointed industry veteran Thomas Mannsdorfer as part of its leadership team to build out a European underwriting business. Based in Barcelona, mergers and acquisitions (M&A) specialist Mannsdorfer is leading a pan-European team to develop warranty and indemnity (W&I) insurance to SMEs in Europe.
Marshall added: “The creation of our own dedicated tax underwriting team further demonstrates our commitment to driving innovation and excellence in the transaction liability insurance space. It means that our clients can benefit from a truly holistic approach to transaction liability risks, accessing a full suite of products from our team of experts.”
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