Reinsurance News

Carbon adds Giovanni Schiattarella to underwriting team

9th April 2021 - Author: Matt Sheehan

Carbon Underwriting Limited (Carbon), the specialist, independent managing general underwriter (MGU), has announced the addition of Giovanni Schiattarella to its underwriting team.

Carbon UnderwritingSchiattarella will focus on expanding Carbon’s existing General Liability and Property books of business as well as new business development across Europe.

Prior to joining Carbon, he was a broker for seven years, most recently with Marine Aviation & General SpA as Head of Property and Liability, where he managed a portfolio of Italian Liability business.

Previously, Schiattarella was an Account Executive with BDB Ltd, managing an extensive portfolio of International Liability business on behalf of Lloyd’s.

“I am always pleased to welcome new talent to Carbon and Giovanni’s wealth of international broking experience will bring fresh ideas and expertise to our growing business,” said Nick Tye, Active Underwriter Syndicate 4747 and Executive Director of Carbon Underwriting.

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“Europe represents an important part of our strategy and our focus remains on value, not volume, whereby we partner with the strongest and most dynamic market players,” Tye added.

“I am delighted that Giovanni has joined us and I look forward to working with him as we continue to evolve our data-driven underwriting capabilities to deliver sustained profitable growth.”

Schiattarella, also commented: “I am delighted to have joined Carbon and to be working with such a talented and forward-thinking team. The markets in Europe represent an opportunity to develop our existing books of business and new business development and we plan to do this in a measured way with a sharp focus on data-driven underwriting discipline.”

“Our aim, with the support of advanced technology, is to be recognised as a lead market for both European GL and Property Coverholder business. I am looking forward to using my extensive experience of European insurance markets and strong network of contacts to expand Carbon’s presence across the region.

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