Carbon appoints head of syndicate management

Julie Gallagher has been appointed as head of syndicate management at Carbon Underwriting, the specialist managing general underwriter and manager of Lloyd’s syndicates CBN 4747 and CBN 5757.

In her new role, she will oversee the management and performance of Carbon’s syndicates, including the recently launched Syndicate 5757, which has received Lloyd’s approval in principle to begin underwriting 1 January 2025. Overall, Carbon will have £400m GWP under management in 2025 year of account, combining Syndicate 4747 and 5757.

Gallagher joins Carbon from Asta Capital Limited, where she served as head of client management. Carbon said she brings extensive experience in managing syndicate underwriting performance and relationships.

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.”

Gallagher 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.”