Log In

Reset Password
BERMUDA | RSS PODCAST

Carbon hires former Sompo executive

Breadth of insurance knowledge: Dale Willetts, head of Specialty, Carbon Underwriting Ltd (File photograph)

London-based Carbon Underwriting Ltd, the specialist, independent managing general underwriter and Lloyd’s syndicate, has appointed Dale Willetts, formerly of Bermudian-headquartered Sompo International, as head of Specialty in addition to supporting the development of Carbon’s technology capabilities.

The company said Mr Willetts brings a wealth of leadership and specialty underwriting experience to the role and his priority this year will be to spearhead the development and growth of Carbon’s Accident & Health proposition.

Before joining Carbon, he was executive vice-president, head of Specialty Lines, for Sompo International for five years where he built the A&H portfolio, Carbon said.

In a career spanning 30 years, he has also held leadership roles with ANV, Travelers and other specialty underwriters in the field.

Nick Tye, chief executive at Carbon, said: “I am delighted that Dale has joined us to take up this key role. His deep understanding of the market, breadth of insurance knowledge and proven track record in senior leadership roles make him ideally placed to develop our capabilities across the Specialty portfolio.

“He will be a valuable addition to our leadership team and I know that we will benefit enormously from his expertise, insights and business acumen.”

Mr Willetts said: “I am thrilled to be joining Carbon at such an exciting time in its development.

“The company’s focus on transforming the delegating underwriting market by implementing superior in-house technology that supports quality underwriting, the ambition of its people and the entrepreneurial culture made my decision to join the business extremely easy.

“There are exciting opportunities in the market for nimble, forward-thinking companies like Carbon and I am looking forward to bringing my extensive sector experience and passion for innovation as the business evolves.”

You must be Registered or to post comment or to vote.

Published January 29, 2024 at 7:56 am (Updated January 29, 2024 at 7:25 am)

Carbon hires former Sompo executive

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon