Reinsurance News
Augment
Alejandro Solorzano joins Augment Risk to expand LatAm parametric offering
7th January 2025
Risk capital and broking solutions firm, Augment Risk, has hired Alejandro Solorzano from XS Global, who joins the organisation to help it expand its parametric risk transfer offering across the Latin America region. Solorzano has joined the company as Associate Partner, LATAM Parametric, where he will be based in Miami. From what ... Read the full article
McElhiney to lead Augment’s newly launched captive & alternative risk transfer solutions offering
19th December 2024
Reinsurance broker Augment Risk has launched its newly created captive and alternative risk transfer solutions offering, and appointed Steve McElhiney to lead this new venture. Augment Risk's new captive and alternative risk transfer solutions offering has been designed to complement the firm's broader strategy: providing essential capital and risk solutions that ... Read the full article
Augment Risk hires legacy expert Paul Corver as Advisor
13th May 2024
Reinsurance broker Augment Risk has announced that Paul Corver, formerly of R&Q Insurance Holdings (R&Q), will join the firm as an Advisor. Corver brings deep experience and insights in the reinsurance industry to the broker as it looks to strengthen its legacy build-out. He retired from his position as Group Head of ... Read the full article
Industry veteran Alan Quilter joins Augment Risk as Strategic Advisor
8th May 2024
Reinsurance brokerage firm Augment Risk has appointed renowned industry veteran Alan Quilter as Strategic Advisor, joining the firm's leadership team to support the company's ongoing mission to serve clients with capital efficient solutions. In the role, Quilter will heavily focus on bringing innovative new solutions to managing general agents (MGA’s), Legacy ... Read the full article
Moody’s RMS and Augment Risk partner on parametric risk transfer market
3rd April 2024
Moody’s RMS, the global catastrophe risk modeling and solutions company, has strategically collaborated with innovative reinsurance brokerage firm Augment Risk, to develop the market for parametric risk transfer. The collaboration aims to serve a range of clients including large corporates with captives, Lloyd’s syndicates, and insurance-linked securities (ILS) funds who are ... Read the full article
Parametric reinsurance a “beacon” in a challenging market: Augment Risk
9th February 2024
Parametric re/insurance solutions can be a “beacon” in a challenging market environment as they can provide clients an alternative to traditional products, alongside catastrophe bonds, industry-loss warranties (ILW’s) and retrocession, Augment Risk believes. 2024 can see several risks on the horizon that lend themselves to parametric placements, the broker explains, particularly ... Read the full article
Thad Hall to lead Augment Risk’s newly launched ILS division
8th February 2024
Reinsurance brokerage firm Augment Risk has launched a dedicated insurance-linked-securities (ILS) division, led by newly appointed Thad Hall. The division is a big step forward in Augment's commitment to innovation across the reinsurance brokerage sector. Based in New York, Hall joins the firm following a three year tenure at Ledger Investing, where ... Read the full article
Augment Risk appoints McGill’s Andrew Matson as CEO
4th December 2023
Reinsurance brokerage firm Augment Risk, has announced the appointment of Andrew Matson as Chief Executive Officer (CEO), who will focus on building on the firm’s significant traction, having already bound $1 billion of premium in its first year of business. “Augment Risk was founded to address a fundamental structural problem in ... Read the full article
Augment Risk launches Global Parametric Specialty division
16th October 2023
Reinsurance broker Augment Risk has announced the launch of its Global Parametric Specialty division, led by newly appointed Kurt Cripps. The new unit will be focused on "client-tailored parametric reinsurance products designed to provide a surgical approach to managing CAT exposures." Augment Risk said its parametric placements are designed to enhance the ... Read the full article
Augment hires former Aon Exec David Ledger as Senior Adviser & Board Member
6th September 2023
Augment, a recently launched reinsurance broker that offers bespoke solutions to its partners, has appointed former Aon UK COO David Ledger as a Senior Advisor and Board Member. In his new role, Ledger will use his experience and insights across the reinsurance industry to continue to strengthen Augment's senior leadership team. Ledger ... Read the full article
Reinsurance broker Augment hires Charlie Love as CFO
26th July 2023
Augment, a recently launched reinsurance broker that offers bespoke solutions to its partners, has appointed Charlie Love as its Chief Financial Officer (CFO), as well as Henry Mikrut as Head of Rating Agency Advisory. In his role as CFO, Love will lead the company's finances and operations, continuing the broker's ... Read the full article
Reinsurance broker Augment launches backed with up to $100m from Altamont
14th July 2023
Reinsurance broker Augment has announced its official launch, backed with up to $100 million in funding from private equity firm Altamont Capital Partners. Amidst the emergence of ever more complex risks, macroeconomic volatility, and an evolving regulatory landscape, Augment believes that a one-size-fits-all approach is no longer sufficient. With global reach and ... Read the full article
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