Some key appointments news at Carbon Underwriting;
Carbon Underwriting Limited (“Carbon”), the specialist independent managing general underwriter and Lloyd’s syndicate, today announces significant updates to its Board of Directors.
Industry leaders Paddy Byrne and Michael Watson join as Chairman and Non-Executive Director (NED) respectively, subject to regulatory approval, bringing a wealth of expertise and independent insight to help propel Carbon’s next phase of growth. Their appointments coincide with the planned exit of Chairman Rupert Atkin, who has been instrumental in cementing Carbon’s reputation as a benchmark of excellence in delegated underwriting authority (DUA) business at Lloyd’s.
Paddy Byrne, a seasoned executive with a combination of insurance and technology expertise, has held prominent roles such as Senior Non-Executive at SRG Group, Chairman of 6point6 Ltd and Executive Director UK of Xchanging Ltd. Michael Watson, founder of Canopius and former member of the Council of Lloyd’s, offers exceptional leadership experience and an extensive network within the insurance sector. Together, they bring multifaceted perspectives to Carbon’s dynamic board.
Aligned with Carbon’s strategic goals and the support of its investor Apiary Capital, Watson and Byrne’s expertise will enhance Carbon’s ability to deliver innovative solutions to the international coverholder market, powered by its groundbreaking Graphene platform.

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