Reinsurance News
Carbon Underwriting
Carbon names Rebecca Ince as Chief Operating Officer
8th January 2026
Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s Syndicate CBN 4747, has appointed Rebecca Ince as its new Chief Operating Officer (COO), effective January 5th, 2026. In her new role, Ince will oversee all day-to-day operations at Carbon, including the technology, data, operations, compliance, and risk teams. She ... Read the full article
Jeff Bright to lead Carbon’s US strategy as Underwriting Director
6th November 2025
Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s Syndicate CBN 4747, has appointed Jeff Bright as Underwriting Director, effective November 3rd, 2025. The appointment marks a key milestone in Carbon’s long-term ambition to expand in the US. In the last five years, Carbon’s premiums grew from £15 million ... Read the full article
Nick Tye retires as CEO of Carbon Underwriting
28th April 2025
Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s syndicate, has announced the retirement of Co-Founder and CEO Nicholas (Nick) Tye due to health reasons. After being diagnosed with progressive multiple sclerosis, Tye has made the decision to step back from his role to focus on his health and ... Read the full article
Carbon names Byrne as Chairman, Watson appointed NED
10th February 2025
Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s syndicate, has announced the appointment of Paddy Byrne as Chairman and Michael Watson as Non-Executive Director (NED). These appointments, subject to regulatory approval, coincide with the planned departure of Chairman Rupert Atkin. Byrne is an experienced executive with a background in ... Read the full article
Carbon Underwriting expands into international healthcare with appointment of Martin Leeks
29th January 2025
Carbon Underwriting Limited, an independent managing general underwriter and Lloyd’s syndicate, has announced its entry into the international healthcare sector with the appointment of Martin Leeks as Head of International Medical Malpractice. Leeks brings over 35 years of experience in underwriting within the global Casualty and Medical Malpractice market, including his ... Read the full article
Carbon Underwriting appoints veteran Alex Poracchia as CFO
15th January 2025
Carbon Underwriting, a specialist independent managing general underwriter (MGU) and Lloyd’s syndicate, has announced the appointment of Alex Poracchia as its new Chief Financial Officer (CFO), effective immediately. In his new role, Poracchia will lead Carbon’s global financial operations and play a key role in strengthening the company’s capabilities as the ... Read the full article
Carbon Underwriting forecasts £400m GWP from Syndicate 4747 & 5757 in 2025
13th September 2024
Carbon Underwriting, an independent managing general underwriter, estimates nearly £400 million in gross written premiums (GWP) under management in 2025 from its Syndicate 4747 and its newly launched Syndicate 5757. The launch of Syndicate 5757, the MGA’s vehicle for its strategic expansion into the US market, marked a significant milestone in ... Read the full article
Carbon Underwriting expands team with Julie Gallagher as Head of Syndicate Management
10th September 2024
Carbon Underwriting Limited, an independent managing general underwriter and manager of Lloyd’s syndicates CBN 4747 and CBN 5757, has announced the appointment of Julie Gallagher as Head of Syndicate Management, effective immediately. Gallagher has joined Carbon from Asta Capital Limited, where she was the Head of Client Management. With her extensive background ... Read the full article
Carbon Underwriting announces Lloyd’s approval for Syndicate 5757 launch
23rd July 2024
Carbon Underwriting Limited (Carbon), an independent managing general underwriter and Lloyd’s syndicate CBN 4747, has announced that Lloyd’s, the insurance and reinsurance market, has granted approval for the launch of Syndicate 5757, effective 1 January 2025. This marks a significant development as it introduces Carbon’s second syndicate at Lloyd’s, expanding its ... Read the full article
Carbon Underwriting appoints Rob Crocker as Active Underwriter
11th April 2024
Carbon Underwriting, a specialist independent managing general underwriter (MGA) and Lloyd’s syndicate, has announced the appointment of Rob Crocker as Active Underwriter, effective April 2024. An expert in professional lines underwriting, Crocker joins Carbon with three decades of industry experience bringing leadership, insight and dynamism to his new role. Subject to regulatory ... Read the full article
Carbon Underwriting appoints Sompo’s Dale Willetts as Head of Specialty
25th January 2024
Carbon Underwriting, a specialist independent managing general underwriter (MGA) and Lloyd’s syndicate, has appointed Dale Willetts as Head of Specialty. Willetts's priority in 2024 will be to spearhead the development and growth of Carbon’s Accident & Health (A&H) proposition, in addition to supporting the development of Carbon’s technology capabilities. He brings a ... Read the full article
Carbon Underwriting Syndicate 747 to increase GWP to £204m in 2024
28th November 2023
Carbon Underwriting Limited's Syndicate 4747 is expecting gross written premium (GWP) to increase from GPB 150 million in 2023 to an expected GBP 204 million in 2024 across a staggering number of new product lines and geographies. At the same time, the company is also aiming to continue developing and building ... Read the full article
Carbon Underwriting appoints Rupert Atkin as Chairman
6th September 2023
Lloyd’s syndicate Carbon Underwriting Limited has announced a significant change in its senior leadership as Rupert Atkin takes over as Chairman, effective immediately. After more than five years of service, current Chairman Stephen Card will be stepping down from his role. Atkin is currently the Chairman of Ark Managing Agency and Whitespace, ... Read the full article
Carbon Underwriting receives strategic investment from Apiary Capital
17th July 2023
Carbon Underwriting Limited, a specialist, independent managing general underwriter (MGU), has announced a significant strategic investment from UK private equity firm Apiary Capital (Apiary). The investment is expected to bolster Carbon's growth momentum as it continues to be recognised as the Lloyd's benchmark of excellence for Delegated Underwriting Authority business, with ... Read the full article
Carbon Underwriting names Howard Gras Head of Financial Lines
3rd March 2023
Carbon Underwriting Limited, a specialist, independent managing general underwriter (MGU), has appointed Howard Gras as Head of Financial Lines to lead Carbon’s expansion plans in this line of business. Highly experienced in professional indemnity (PI) and financial lines, Gras brings a deep level of expertise towards his new role. Previously he held the role ... Read the full article
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