Altamont Capital backed risk capital and reinsurance solutions broking start-up Augment Risk has set itself a tough goal to revolutionise reinsurance with
The executive will work within the retrocession and property specialty division, as well as supporting the London market and global production activity.
Reinsurers and cedants have been adversely impacted by consolidation among reinsurance brokers – making this a good moment for a new player to launch. That is the argument of Charlie Love, the newly appointed chief financial officer of Augment, launched in July, who also promises the broker will innovate and help clients unlock trapped value.