£260m
2025 Lloyd's Capacity
£330m
2025 Gross Written Premium
London
Headquarters
July 2023
Investment date
Financial Services
Sector
Current
Status
Overview
Carbon is a managing general underwriter focusing on the commercial property and casualty markets, placing business across the world. The company has leveraged modern technology to deliver superior services and returns to its coverholder customers, managing risk through its proprietary data analytics platform, Graphene.
Carbon is led by Jacqui Ferrier (CEO), Ben Laidlaw (MD), and Alex Poracchia (CFO). The board is supported by Paddy Byrne as Chair and Michael Watson as Non-Executive Director
Investment strategy
The insurance sector is benefitting from technological innovation and Carbon's model allows it to offer both a cost-effective underwriting service to its customers and a leading portfolio management solution. The commercial lines coverholder market is substantial and growing. Apiary's investment will enable Carbon to scale across geographical and product lines as it selects and manages an increasing number of coverholders.
Investment Team
