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Jacqui will continue to work closely with fellow Co-Founder and Managing Director Ben Laidlaw and CFO Alex Poracchia and the strong, experienced senior leadership team.  Together, they will lead Carbon through its next phase of growth, with the continued support of investor Apiary Capital.

Nick co-founded Carbon in 2018 with Jacqui and Ben with a bold vision to reimagine delegated underwriting through technology, data, and a collaborative, people-first culture. Over the last six years, he has led the business with clarity and conviction, helping to build a vibrant and successful underwriting platform underpinned by Carbon’s proprietary data ecosystem, Graphene. Carbon launched as a Lloyd’s Syndicate-in-a-Box (SIAB) via Asta in 2020, transitioning to full syndicate status in 2023. The business remains focused on delivering underwriting excellence, advancing its digital capabilities, and nurturing a culture that empowers people to thrive.

Nick Tye, Co-Founder, said: “Building Carbon has been the highlight of my career. From the very beginning we set out to create something genuinely different. It’s been a tremendous journey, and I am so proud of what we have accomplished. Carbon has always been defined by terrific people and excellent culture, and our team is extraordinary. I’m deeply grateful for the friends, colleagues, and partners who have supported us along the way.

Stepping down was not an easy decision, but following my diagnosis of progressive MS, it’s the right one. I want to focus my time and energy on my health, and my family. I leave Carbon in the best possible hands with Jacqui, Ben, Alex and the wider leadership team. Jacqui’s deep understanding of the business, her integrity and drive make her the ideal person to take the business forward and I know that Carbon will flourish under her direction. I wish the whole team every success for the future, and I have every confidence that Carbon will continue to fly.”

Jacqui Ferrier, Co-Founder and newly appointed CEO, commented:  “Nick is an inspiring leader, colleague and friend, and his vision and values run deep through the DNA of Carbon. It’s an emotional time for all of us at Carbon, but, in the spirit of Carbon’s focus on humanism, one that we have been able to navigate closely together. We remain committed to the strategy we’ve built and the legacy Nick has been instrumental in building with us.  It’s a privilege to take on the role of CEO as we accelerate into this exciting new chapter, and I’m personally grateful for the overwhelming degree of support and compassion our clients and partners have shown to us and to Nick and his family during this difficult time.

On behalf of the whole team, I want to thank Nick for everything he’s contributed to Carbon and the legacy he leaves. His impact will continue to shape our business for years to come.”

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Notes to Editors

About Carbon Underwriting

Carbon combines underwriting expertise with innovative technology to deliver tailored capacity solutions for our delegated partners. We set out in 2018 with a mission to transform underwriting by combining deep industry expertise with cutting edge technology. We empower brokers, cover holders and reinsurers with smart, data-driven solutions that streamline processes and drive growth. This is administered through our in-house technology ecosystem, Graphene. Carbon Underwriting Limited (Carbon) operates as Syndicate CBN 4747 at Lloyd’s. For more information, please visit: www.carbonuw.com/

PR Contacts:

Helen Wright

Lysander PR 

helen@lysanderpr.com 

07842 729 579

Michelle Worvell

Lysander PR

michelle@lysanderpr.com

07810 531 035

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