UK-based Carbon Underwriting has hired Alex Poracchia to serve as its new chief financial officer (CFO).  

Poracchia takes on the new role immediately. 

She has more than 30 years of industry experience including stints at Swiss Re, Zurich and Everest Insurance, as well as consulting roles with Deloitte in actuarial and finance. 

As the new CFO, Poracchia will head Carbon’s global financial operations and support the company’s growth in the insurance industry.  

Carbon founder and CEO Nick Tye said: “Our immensely talented team continues to grow, and we are thrilled to welcome Alex to the Carbon family at this crucial stage in our journey.  

“With Carbon’s entrepreneurial and technology-driven foundations firmly established, attracting leadership talent of Alex’s calibre underscores our commitment to scaling Carbon strategically while staying true to our authentic ethos.” 

Poracchia said: I am delighted to be joining Carbon and supporting its expansion not only in finance but across the market. With such strong fundamentals in place, and blend of industry knowledge and experience, I am confident we can navigate the dynamic opportunities ahead and further cement Carbon’s position as a leader in the industry – I am inspired by what we can achieve.” 

This follows the appointment of Julie Gallagher as head of syndicate management. 

Since its inception five years ago, Carbon transitioned from the first ‘Lloyd’s syndicate-in-a-box’ to a fully fledged Lloyd’s Syndicate, the company stated. 

The company recently integrated GenAI technology into its data platform, Graphene, to optimise data cleansing and bordereaux preparation processes. 

Carbon operates Lloyd’s syndicates CBN 5757, which began its operations on 1 January 2025, and CBN 4747.