UK-based Carbon Underwriting secures growth equity investment to expand delegated authority underwriting and AI capabilities globally.
Carbon Underwriting, a UK-based delegated authority underwriting specialist, has agreed to a growth equity investment from FTV Capital. The financial terms of the deal remain undisclosed, but the funding will support the company’s expansion in delegated authority underwriting and scaling of its Graphene data platform.
The company reported premium growth from £150m ($198.3m) in 2023 to £471m in 2026, citing market-leading loss ratios. Carbon operates its own Lloyd’s syndicate and aims to deepen AI capabilities and expand into new markets, including the US.
FTV Capital’s investment will provide access to its Global Partner Network and FTV Propel, enhancing Carbon’s strategic growth. CEO Jacqui Ferrier highlighted the backing as a step toward building a global, independent platform.