Nichola Stebbing-Brown

Seasons Greetings 2025

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Message from the Managing Director at Pulse Insurance Limited Torquil McLusky ACII:

“2025 has been a year of huge change for Pulse Insurance Limited.  Two of our directors who had been involved with Pulse from the very outset, Paul Sandilands and Anthony Pilcher retired.  They have both done a huge amount to make Pulse what it is today and we are so grateful for everything that they have done.  But they have left the business in a great position and we are incredibly excited to see what the next few years will bring.  In November we finalised our merger with Nirvana and already we are seeing myriad ways to collaborate and support each other effectively.  We are also really enjoying getting to know the people involved; it has been a real pleasure to spend time together.  We do not anticipate change to any of our teams as a result of the merger.

As far as our business is concerned: life business continues to provide exceptional cover to people who would otherwise be unable to obtain insurance whether because of their health, hobbies or residency.  The specialty team is growing its reputation as a real powerhouse of expertise in many areas including entertainment, sports, complex travel and SME covers generally and the schemes we support continue to do well.  Sport & leisure is growing quickly and is working closely with a number of associations and governing bodies to provide online solutions for them and their members.  Our new Health division looks like it will be a real success and we can already see that our ability to move quickly and offer innovative solutions is bearing dividends.

At the moment the world seems a more dangerous and divided place than it has for some time and I think many of us are worried about how political, technological and environmental issues will impact us and our families.  These are difficult times for many people in many parts of the world.  But when I look around the people at Pulse, the brokers we deal with, the insurers who support us and the business and individuals that come to us for cover, I remain convinced that we can make a difference and that the future is positive.

Happy Christmas to you all.”

Specialty MGAs Nirvana and Pulse complete merger

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On 5th November 2025 Managing General Agents (MGAs) Nirvana and Pulse have completed their planned merger following regulatory approval from the Financial Conduct Authority (FCA).

The merger creates a specialty MGA platform with strong capabilities across Media, Technology & Cyber, Accident & Health, Non-standard Life, and Sports lines of business. The combined group has around 40 employees across offices in London, Norwich, Brackley in the UK, Barcelona, Spain, Brussels, Belgium, and Zug in Switzerland.

Neither business plans any changes to its teams as a result of the transaction, and brokers and clients will continue to work with their usual underwriter contacts without any disruption to service.

   

Company Leaders share their thoughts on the merger of Nirvana and Pulse

Kabir Chanrai, Chief Executive Officer of Nirvana

“We are thrilled to have completed our merger and to be joining forces with Pulse.

This deal makes us an even stronger home for ambitious and experienced underwriters and enhances our ability to execute on both team hires and select acquisitions.”

 

Torquil McLusky, Managing Director of Pulse Insurance Limited

“We are delighted to be coming together with Nirvana and look forward to building the business. Kabir and Rob are great partners with whom we can achieve even more.”

Rob Jones, Executive Chairman of Nirvana

“This is an important step forward for Nirvana and we are delighted to be joining forces with Pulse and their talented team to create this underwriting-first specialty MGA platform in the UK and Europe.”

About Nirvana and Pulse

Nirvana is a European specialty insurance MGA with offices in London and Barcelona, underwriting multiple lines of business including Media & Tech E&O and Cyber. Founded in 2017 by Rob Jones, now Executive Chairman, Nirvana entered a new phase of growth following its 2023 buyout and partnership with insurance investor Kabir Chanrai, pursuing a multi-line expansion strategy across the UK and Europe.

Pulse Insurance Limited is an award-winning specialist insurance business that since 1998 has offered innovative and tailored products to intermediaries and direct to consumers.  Supported by Lloyd’s and company market insurers it provides niche and bespoke products often not available in the standard market.  It provides cover for individuals, SMEs and corporate clients and has expert underwriting teams based in London, Brackley and Norwich.