Nirvana bolsters planned EU underwriting team with veteran hire
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Nirvana has bolstered its planned EU underwriting team with the appointment of industry veteran Thomas Mannsdorfer (pictured).
In this new role, Mannsdorfer will lead a pan-European team of underwriters to develop a warranty and indemnity (W&I) portfolio focused on small-to-medium sized deals on the continent. Based in Barcelona, he will also take responsibility for the European business of Nirvana, focusing on local products in local languages as well as English.
Mannsdorfer has more than two decades’ worth of experience as a mergers and acquisitions (M&A) underwriter across European markets. Prior to this new role, he headed up European specialty underwriting at Sompo International. In this capacity, he also led Sompo’s Barcelona branch and underwriting hub. He previously served as director of M&A insurance and chief underwriting officer (international) with ANV in Barcelona.
“Nirvana’s ‘underwriting first’ mindset was a major attraction for me, and I am thrilled to be joining Rob [Thomas] and Kabir [Chanrai] to help them grow the European W&I business,” Mannsdorfer said. “With Rob’s deep underwriting experience and Kabir’s financial expertise, Nirvana is well positioned to grow a profitable book of business providing protection for entrepreneurs involved in European M&A deals.”
Mannsforder’s track record to play “an important role”
Nirvana founding director Kabir Chanrai said that in the MGA’s plans to grow its European team, Mannsforder’s track record is set to play “an important role,” especially with his expertise in building out teams.
According to his LinkedIn profile, Mannsdorfer got his graduate degree in general law from the University of Fribourg in Switzerland, in addition to his postgraduate degree in tort law, medical malpractice, and insurance. He also holds a postgraduate degree in insurance and tort law from the University of Virginia School of Law.
Nirvana recently finalised a management buyout from Castel Underwriting Agencies.
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