Ben Laidlaw, Managing Director: Carbon Underwriting: The Delegated Underwriting Specialists (324)

InsTech - insurance & innovation with Matthew Grant

Determined to write delegated business better, Ben Laidlaw joined Nick Tye and Jacqui Ferrier to found Carbon Underwriting.

Carbon Underwriting is a Lloyd’s Syndicate MGU that provides shareable underwriting conclusions on its Graphene administration system.

The company has matured since its conception in 2018, and Ben discusses navigating ‘Decile 10’ to gaining approval for Carbon’s second syndicate earlier this year, which will exclusively underwrite US business.

Key talking points:

• The story behind the creation of Carbon Underwriting and growth in the Lloyd’s market
• The thinking behind the second syndicate
• US business - why enter a competitive market?
• Smart syndication
• Graphene - who built it and what’s so good about it?
• Plans for the rest of this year and 2025
• On being Private Equity owned and waxing lyrical

If you like what you’re hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.

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Continuing Professional Development

This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.

By the end of this podcast, you should be able to meet the following Learning Objectives:

• Specify what issues were in the delegated business market and what changes did Carbon Underwriting seek to solve
• Define what ‘Decile 10’ is and how it changed the Lloyd’s Market
• Summarise why smart syndication is and why it is a growing and exciting aspect in the Lloyd’s Market

If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 324 page of the InsTech website or email [e-mail] to let us know you have listened to this podcast.

To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.