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Augment Risk is a global broker that arranges reinsurance and other risk-capital solutions to help growth-focused clients manage volatility and boost equity value. It works by sourcing and structuring customized capital products and reinsurance through its network of carriers, charging brokerage fees and commissions for brokering these solutions. The company combines a multidisciplinary team of industry experts with a remote-first culture to tailor arrangements to each client’s needs, navigating a complex market and regulatory environment. It differentiates itself through tailored, end-to-end capital solutions, strong backing from Altamont Capital Partners, and rapid growth evidenced by over $1 billion in premiums in its first year. The firm’s goal is to help management teams source reinsurance and other forms of capital efficiently, improve risk-adjusted returns, and grow shareholder value in a challenging market.
Industries
Quantitative Finance
Financial Services
Company Size
51-200
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$100M
Headquarters
London, United Kingdom
Founded
2022
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Total Funding
$100M
Above
Industry Average
Funded Over
1 Rounds
Flexible Work Hours
Remote Work Options
Hybrid Work Options
Company Equity
Augment Risk's Cripps appointed group head of growth and broking. * Haggie Partners * August 10, 2026 * in Augment Risk Augment Risk, the reinsurance and capital solutions broker, today announces the appointment of Kurt Cripps as group head of growth and broking, effective immediately. In this newly created role, Cripps will support Augment Risk's commercial strategy by originating and delivering strategic growth opportunities across the business. Alongside the expertise of Augment Risk's broking leads, Kurt will play a key role in supporting strategic client opportunities, complex placements and market strategy. He brings senior market relationships, commercial experience and cross collaboration know how, all of which will help drive stronger outcomes for Augment and its clients. Kurt will continue to serve in his role as head of global parametric during a transitional period, supported by the current team of global experts based across Miami and London. Cripps joined Augment Risk in October 2023 to build its parametric proposition. Prior to this, he spent 13 years with Aon, with his last roles being Managing Director for Innovation and Solutions and Global Head of Weather. Andrew Matson, Chief Executive Officer, said: "This appointment reflects Kurt's outstanding contribution to Augment and our confidence in his ability to scale that success across the wider platform. It is also a testament to the strength of our talent pool and the type of entrepreneurial leaders our model attracts, people who are motivated by ownership, accountability and the opportunity to build lasting value. I look forward to seeing Kurt's achievements in this expanded role, delivering meaningful benefits for both our people and our clients."
Beazley appoints Paul Ramiz as Parametric Underwriter. Beazley, a large specialist insurer, has announced the appointment of Paul Ramiz as Parametric Underwriter. In his new role, Ramiz will support the global development of Beazley's parametric insurance offerings and help deliver alternative risk transfer solutions for clients. He brings extensive experience in alternative risk transfer solutions and will help further strengthen Beazley's transition risk and parametric capabilities. Ramiz joins Beazley from Augment Risk, where he served as Associate Partner. Prior to that, he spent eight years at Aon, most recently serving as Director in Aon's Reinsurance Innovation and Solutions team, where he focused on parametric re/insurance, alternative risk transfer and reinsurance broking. In a recent LinkedIn post, Beazley said, "As clients face new technologies, evolving asset classes and increasingly complex supply chains, his expertise will support the development of innovative, forward-looking approaches to risk transfer."
Augment Risk strengthens ILS team with Brad Livingston hire, targets private ILS expansion. * 15th June 2026 - Author: Steve Evans Augment Risk, the risk capital and reinsurance solutions broking firm, has hired well-known insurance-linked securities market executive Brad Livingston, who joins the firm to strengthen its ILS team and in particular is expected to help grow the private ILS offering in property risk, given his collateralized reinsurance expertise. Livingston joins Augment Risk as a partner within its ILS team, effective immediately. He will be based in Nashville and report directly to Thad Hall, Head of ILS Solutions at the broking group. With approaching two decades of experience in the insurance-linked securities and catastrophe bond markets, Livingston has worked on the full range of collateralized reinsurance structures, with largely natural catastrophe focused transactions nearing $10 billion in capital executed over his career. Livingston started his career working at GC Securities, the capital markets and insurance-linked securities unit of reinsurance broker Guy Carpenter. From 2007 to 2013, Livingston worked at GC Securities helping clients access and place ILS and catastrophe bond opportunities and diversifying sources of risk capital. He worked at Willis Towers Watson Securities from 2013 for four years, as Vice President of Insurance-Linked Securities (ILS), developing and structuring property catastrophe reinsurance treaty opportunities for institutional investors. In 2017, Livingston joined AXIS Capital and worked his way up to become Head of Third Party Capital, leading all of the re/insurers ILS initiatives. In 2019, he returned to the Willis Re Securities division of Willis Towers Watson (WTW) as a Director, working on capital markets reinsurance, collateralized reinsurance and insurance-linked securities (ILS) structuring. After that, Livingston moved to work at private equity specialist Apollo Global in 2021, spending just over a year working to originate P&C opportunities for the investment group. He then joined reinsurance broker Gallagher Re in 2023, as Head of Collateralized Re, where he led the brokers work with collateralized markets and ILS investors, helping ceding clients to access efficient reinsurance and retrocessional capital via collateralized structures. At Augment Risk, Livingston will be tasked with expanding the ILS offering at the broker, in particular around private ILS and collateralized reinsurance. His wealth of experience across transactional types and structures will be invaluable, as Augment Risk looks to build-out more ILS business and help its clients access the capital markets for reinsurance and retrocession efficiently. Thad Hall, Head of ILS Solutions at Augment Risk, commented on the news, "Artemis Deal Directory is delighted to welcome Brad to the team. His ability to bridge reinsurance, capital markets and innovation directly aligns with Augment Risk's ethos of combining capabilities to structure tailored reinsurance and capital solutions that create measurable value for its clients. "Brad's private property ILS expertise will be invaluable as we expand our offering in this area." All of its Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online. Its Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.
Augment Risk builds out global parametric team with appointment of Crystal Maragh. * Haggie Partners * May 18, 2026 * in Augment Risk Augment Risk, the reinsurance and capital solutions broker, today announces the appointment of Crystal Maragh effective immediately. Based in Miami and sitting within the Global Parametric Specialty, Maragh will continue to drive growth, innovation and execution across parametric transactions, bringing a strong background in actuarial science, parametric product development and risk analytics to Augment Risk. Maragh joins from NormanMax Insurance Holdings, where she served as vice president of pricing, playing a key role in launching syndicate and MGA operations, securing significant investor capital and developing innovative parametric solutions. Prior to this, Crystal held roles focused on actuarial and parametric innovation, including the development of first-of-their-kind products and structuring capacity with leading reinsurers. Kurt Cripps, partner and global head of parametric specialty said: "We are delighted to welcome Crystal to the Augment Risk team. As our parametric practice continues to go from strength to strength, her deep technical and operational expertise will be instrumental in expanding our capabilities and delivering bespoke solutions for clients globally."
Augment Risk appoints Magnus Heimann to develop European MGA practice. * Haggie Partners * December 1, 2025 * in Augment Risk Augment Risk, the reinsurance and capital solutions broker, today announces the appointment of Magnus Heimann as Partner for MGA, effective immediately. Magnus will lead the development of Augment Risk's European MGA presence, partnering with coverholders, capacity providers, and reinsurers to deliver capital aligned program solutions that strengthen long term enterprise value for MGA clients. His mandate includes building a unified European footprint and advancing Augment's strategy of supporting program businesses with full stack structuring, disciplined capital partnerships, and access to global markets. The MGA sector in Europe has reached a new stage of scale and sophistication. Indigenous MGAs and global program platforms are seeking capital aligned growth, product expansion, and multi jurisdiction execution. Augment Risk has identified this market as a core opportunity for value creation, where program businesses benefit from transparent capital engagement, improved alignment across the value chain, and repeatable structuring frameworks. Magnus joins with more than twenty five years of experience across underwriting, hybrid fronting, program management, and the broader MGA ecosystem. He has built and led businesses across the United Kingdom, Europe, and international markets, with a record of sustainable growth, strong underwriting results, and delivery of complex strategic initiatives. Most recently, he served as Chief Underwriting Officer and Executive Director for Accredited Europe. His appointment strengthens Augment Risk's commitment to building a capital oriented MGA practice that connects program businesses, carriers, and investors through a single advisory lens focused on value creation and long term partnership.
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Industries
Quantitative Finance
Financial Services
Company Size
51-200
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$100M
Headquarters
London, United Kingdom
Founded
2022
Find jobs on Simplify and start your career today