Carbon Underwriting Limited, the specialist, independent managing general underwriter (MGU) and Lloyd’s syndicate, has announced the appointment of Matt Finch as Finance Director.
Finch has almost 25 years of financial services experience and had been undertaking the Finance Director role at Carbon on a contract basis for the last 10 months before assuming the position permanently at the end of 2021.
He is responsible for all the key elements associated with group finance including cash and capital management, solvency, reserving, actuarial and regulatory matters.
Finch has undertaken a number of senior finance roles across the market and directly prior to joining Carbon, he was Chief Financial Officer and Founding Partner at Sequitur Risk Ltd.
“The breadth of Matt’s insurance and financial knowledge makes him a highly valuable member of our management team,” said Nick Tye, Carbon CEO.
“His broad commercial acumen as well as his extensive financial reporting, accounting, regulatory and project finance experience will help us to accurately measure our performance while capturing and capitalising on the many opportunities that lie ahead.”
Finch also commented: “Carbon has an outstanding reputation and a very exciting future. Market conditions are favourable and there is a significant opportunity for disciplined, resilient and innovative businesses like ours to deliver sustained profitable growth for the benefit of our key stakeholders and the communities in which we operate. “
“Carbon has a culture that is unique within the Lloyd’s market,” Finch continued.
“This, coupled with its strong technological base and the strength of its team, meant that when Nick offered me the permanent role it was a no-brainer for me. I truly believe that Carbon has an incredibly exciting future and I am delighted to be a part of that.”