Augment expands parametric team with new hire

Augment Risk has announced the appointment of Crystal Maragh, effective immediately.

Based in Miami and sitting within the Global Parametric Specialty department, 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, the company said.

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, Maragh 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.”

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