Carbon Underwriting has announced Alex Harris to be its new head of pricing.
The firm said that Harris will play a role in supporting functions across the business including building out a pricing framework to support underwriters, adding actuarial rigour to the development of Carbon’s proprietary technology platform, Graphene, as well as inputting to strategy, portfolio and risk management, reserving and reinsurance purchasing.
Nick Tye, CEO of Carbon CEO, said: “I am delighted that Alex has joined us to take up this key role. Pricing is an area we are investing heavily in and Alex’s deep understanding of insurance markets, focus on innovative technologies and proven track record in senior leadership roles will make him a valuable addition to our leadership team.
He added: “Over the last year, we have been able to bring a wealth of expertise into our business and Alex’s appointment adds to the bench strength of our fast-growing team. His breadth of insurance knowledge and commercial acumen will make him a valuable addition to our team and will help us to take advantage of the considerable opportunities that lie ahead in the markets in which we do business.”
According to Carbon, Harris joins the firm from HDI Global Specialty where he worked as a specialist Delegated Authority Pricing Actuary. Prior to this, he had worked at other insurers in the London Market including Chubb and Zurich.
Harris said he was thrilled to be joining Carbon, saying that he and Tye had had an ‘immediate meeting of minds’.
He added: “I am particularly looking forward to adding my insights and value in terms of bringing best practice I have learned from my extensive actuarial experience as well as focusing on growing the Graphene tech platform and implementing data insights into the pricing of our coverholders.”
