Innovative Reinsurance Broker Augment Strengthens Leadership Team with Key Appointments

MIAMI & LONDON—Augment, a leading reinsurance solutions broker, is pleased to announce the appointment of two senior executives to its leadership team. Charlie Love has joined as Chief Financial Officer, while Henry Mikrut has been appointed as Head of Rating Agency Advisory. These strategic hires come as Augment continues to drive growth and deliver bespoke solutions to its partners.

As Chief Financial Officer, Charlie Love will be responsible for overseeing Augment's finances and operations, ensuring the company's growth trajectory remains on track. With a deep background in finance and operations across the insurance sector, Love brings a wealth of experience to his new role. Prior to joining Augment, Love served as the interim Group CFO at insurance distributor Abacai. He has also held senior finance positions at Miller Insurance Services and Specialist Risk Group, where he provided innovative insurance solutions and advice for complex risks worldwide. Love's expertise extends to his previous role as CFO for UK and EMEA operations at management consulting firm Aon Benfield. He is also a board member of the British Insurance Brokers' Association (BIBA) International and Wholesale Members Advisory Board.

Henry Mikrut, as Head of Rating Agency Advisory, will strengthen Augment's advisory capabilities and help partners enhance their strategic direction and insurance enterprise functions. With extensive experience in advising businesses in the insurance and reinsurance sector, Mikrut is a valuable addition to the team. Prior to joining Augment, Mikrut served as a Senior Advisor at private equity firm Alvarez & Marsal. He also held prominent positions at JLT Re, including Executive Vice President, Global Head of Rating Advisory, and Co-Chair of the Analytics Board. Through his vast knowledge and expertise, Mikrut will contribute to Augment's commitment to providing exceptional intellectual capital and servicing to clients.

Both Love and Mikrut expressed their excitement about joining Augment and being part of an innovative and talented team. Love emphasized the fascinating impact of technology and data analytics on the reinsurance industry, while Mikrut stressed the importance of deploying technological advancements and advanced data analytics to thrive in the sector.

Augment, which recently secured up to $100 million in funding from Altamont Capital Partners, is revolutionizing the industry with its bespoke reinsurance solutions. The company's approach combines innovative strategies with deep expertise to deliver exceptional value to clients. By disrupting the value chain and building creative solutions tailored to individual client needs, Augment is paving the way for growth and equity value in the reinsurance market.

For more information about Augment and its services, please visit www.augmentrisk.com.

About Augment:

Augment is a leading risk capital and reinsurance solutions broker that specializes in designing and placing customized protections for a diverse range of clients. With a comprehensive portfolio of solutions, Augment creates growth and equity value through tailored transactions, forming long-term capital and partnerships. The company's expertise extends beyond insurance and reinsurance, allowing Augment to disrupt the value chain and develop innovative, value-accretive solutions. For more information, please visit www.augmentrisk.com.