Specialist independent managing general underwriter, Carbon Underwriting Limited (Carbon) has announced the appointment of Fergus Cooney as data analytics engineer as it further expands its data analytics capabilities.

Cooney joins the business from Railsbank where he played a key role in delivering large scale end-to-end data projects as well as supporting the use of data in support of key financial, product and pricing strategies.

Carbon state this latest appointment is a further expansion of Carbon’s strong data analytics expertise following the recent hires of Mark Oldroyd as head of data engineering and Alexander Scott as pricing analyst.

Nick Tye, active underwriter syndicate 4747 and executive director of Carbon Underwriting, said: “Market-leading data analytics is at the heart of our business as we continue to expand as a technology-driven MGU and Lloyd’s Syndicate. New technologies such as Carbon’s proprietary platform, Graphene, allow us to provide superior data analysis and management for our coverholders while giving us deep insights into our clients’ businesses. I am delighted to welcome Fergus to the team and I know we will benefit from the fresh perspectives and expertise he brings to our business.”

Cooney added: “This is a hugely exciting time to be joining Carbon and I look forward to bringing the high-growth, start-up mentality from my previous role. I am particularly pleased to be involved in building out the Graphene technology platform which is a true game-changer within the industry in terms data transfer and analytics – and one which will lead to better decision-making, greater operational efficiencies and more informed underwriting.”