Augment Risk, the reinsurance and capital solutions broker, today announces the appointment of Brad Livingston as partner, effective immediately. Based in Nashville, Livingston will report directly to Thad Hall, head of ILS solutions, and will be responsible for expanding Augment Risk’s ILS offering.
Livingston brings more than 18 years of experience to his new role at Augment Risk, with a career defined by innovation in non-indemnity and parametric solutions, the integration of alternative capital into traditional reinsurance markets, and the successful execution of a variety of ILS transactions, ranging from catastrophe bonds to sidecars, representing nearly $10 billion in capital supporting global natural catastrophe risk.
Before joining Augment Risk, Livingston served as executive vice president at Gallagher Re, leading North American initiatives for non-indemnity reinsurance transactions. Prior to this, he held senior leadership roles at Arbol, where he spearheaded the parametric catastrophe reinsurance business, and Apollo Global Management, where he was managing director within the principal structured finance group. He is an MBA graduate of NYU Stern School of Business with a specialisation in corporate finance and business analytics.
Hall said: “We are 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 our clients. Brad’s private property ILS expertise will be invaluable as we expand our offering in this area.”