Carbon Underwriting expands team with Julie Gallagher as Head of Syndicate Management

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 in managing syndicate underwriting performance and relationships, she will be a valuable asset as Carbon expands its innovative insurance offerings.

She added: “I am excited to join Carbon at such a pivotal moment in its development. Syndicate management and fostering strong syndicate relationships are critical to driving sustainable growth and ensuring long-term success.

“Carbon’s commitment to innovation, particularly through the Graphene platform, sets it apart in the industry. I am eager to contribute to this dynamic environment and help shape the future of Carbon’s syndicates, especially as we embark on the journey with Syndicate 5757.”

In her new position, Gallagher will oversee the management and performance of Carbon’s syndicates, including the newly launched Syndicate 5757, which has received preliminary approval from Lloyd’s to start underwriting on January 1, 2025.

By 2025, Carbon will manage £400 million in gross written premium (GWP) across Syndicates 4747 and 5757.

Carbon Founder and CEO Nick Tye said: “We are really delighted to welcome Julie Gallagher to our growing team. Her extensive expertise in syndicate management will be invaluable as we continue to expand our footprint in the international specialty market.

“The approval in principle for the launch of our second Syndicate – Syndicate 5757 from January 2025 – is a major milestone for us, and Julie’s appointment reinforces our commitment to building a world-class team. Our technology-first approach, embodied in our proprietary ecosystem Graphene, is transforming the way we operate, and we are confident that with Julie on board, we will continue to drive innovation and deliver exceptional underwriting results.”

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