APPROACH TEAM COMPANIES NEWS CONTACT TEAM Our team is comprised of world-class investors, advisors and operators. Kuvare is an ideal growth partner for existing insurance companies, given the caliber and experience of the team and its access to strategic, long-term capital. — ALTAMONT CAPITAL PARTNERS Dhiren Jhaveri CHIEF EXECUTIVE OFFICER Before founding Kuvare, Mr. Jhaveri was a member of the executive committee of Sammons Financial Group, where he led corporate development and investment risk. Sammons Financial Group (SFG) is the holding company for Midland National Life Insurance Company and North American Company for Life and Health (NACOLAH). Previously, he worked at McKinsey & Co. and Barclays. Dhiren is actively involved on various committees for the American Council of Life Insurers (ACLI) and is a designee of the LIMRA Life Insurance Fellows (LLIF). Carlos Sierra CHIEF OPERATING OFFICER FOR KUVARE & PRESIDENT FOR LINCOLN BENEFIT LIFE Carlos leads the overall operational strategy for Kuvare and is in charge of Lincoln Benefit Life. With over 25 years of operations experience, Carlos previously served as COO for the Americas at Aon Risk and Global COO for Combined Insurance where he led global operations, including Front Office (sales model; multichannel sales), Back Office (contact centers; order entry; claims; field operations) and Technology (Application Development and Infrastructure). Previously, Carlos worked at McKinsey & Co where he served clients in the Financial Institutions Group and at FMC where he led Manufacturing Planning and Latin American Operations. Carlos earned engineering and masters degrees from ITESM, Ohio State and Stanford. Brad Rosenblatt CHIEF REVENUE OFFICER FOR KUVARE & PRESIDENT FOR UNITED LIFE Brad leads revenue and growth strategy for Kuvare and is also President of United Life. Brad has over 25 years of experience in sales, marketing and strategy and previously served as Chief Distribution Officer at Sammons Financial Group. While at Sammons, Brad also led the company’s strategy and corporate development function. Previously, he worked at McKinsey & Co. in the insurance practice, serving life, property/casualty and health insurance carriers. Brad holds an MBA from Michigan Ross School of Business and a BA in Economics from Northwestern University. David A. Goldberg GENERAL COUNSEL David directs the legal, regulatory and corporate governance functions for the Kuvare businesses. He provides more than 25 years of broad commercial law and senior executive experience, having started his legal career in 1993 at the Sidley & Austin firm in Chicago. He has served in numerous corporate General Counsel roles, including insurance sector roles at Coregis Insurance, a specialty property and casualty company, as well as life and health companies Combined Insurance (and its worldwide affiliates) and Sterling Life Insurance Company. Most recently he served as General Counsel to the Illinois State Toll Highway Authority. David is a graduate of the University of Michigan and Washington University School of Law. Shimrit Scher DEPUTY GENERAL COUNSEL Shimrit advises Kuvare’s operating businesses with respect to insurance regulatory activities and corporate affairs and handles special projects and strategic initiatives in support of the growth of the Kuvare platform. In addition, she counsels the executive management team in legal, regulatory and corporate governance matters associated with Kuvare’s non-U.S. operations. Prior to joining Kuvare, Shimrit practiced at Kirkland & Ellis LLP and Sidley Austin LLP, where she specialized in private equity and insurance transactions. Shimrit is a graduate of Northwestern University Pritzker School of Law and Northwestern University. Erik Braun CONTROLLER FOR KUVARE & CHIEF FINANCIAL OFFICER FOR LINCOLN BENEFIT LIFE Erik leads the accounting and finance functions for Kuvare and is the CFO of LBL. Prior to Kuvare, he was with Fidelity Life Association as the manager of accounting and finance and the assistant controller. Previously, Erik worked in public accounting within the assurance practice, where he served insurance industry clients across most commercial and personal lines. Erik attended Indiana University’s Kelley School of Business, earning a BS in Accounting and Finance and is a Certified Public Accountant (inactive). Dylan Jaffee DIRECTOR OF OPERATIONS Dylan manages some of our most important and transformational projects across our carriers. Previously he managed the financial planning and analysis function for Kuvare. Prior to Kuvare, he spent 5 years with KPMG’s financial risk management advisory practice, working exclusively with insurance companies. Dylan has a background in cost optimization, process improvement, financial transformation and regulatory compliance across life, health and P&C insurance companies. Dylan attended Colby College, where he earned his BA in Economics with a minor in Business Administration. Laura Gallagher CHIEF ACTUARY Laura leads the actuarial analysis and product development efforts for Kuvare. With over 20 years of life & annuity insurance experience, Laura has a broad background in valuation and financial reporting, product management, risk controls, and mergers & acquisitions. Most recently, she was the Chief Actuary for Colorado Bankers Life after the company was sold to new ownership. She spent over 10 years with Dearborn National Life with accountability for the individual product lines and served as the appointed actuary for the company and its two subsidiaries. She began her career at Allstate Life Insurance Company. Laura is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries and earned BS degrees in Actuarial Science and in Mathematics from the University of Iowa. Emily Lorentzen ACTUARY Emily leads the actuarial analysis for Kuvare's strategic initiatives. She has over 10 years of experience in actuarial modeling, financial reporting, and project leadership. Most recently, she was with KPMG as a manager in Advisory services assisting insurance clients with large scale transformations, risk management, and providing actuarial audit support. Previously, Emily worked at Aviva USA in various positions of increasing responsibilities. Emily is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and a graduate of Drake University. Jim Sterner ACTUARY Jim leads the actuarial modeling for Kuvare. He has over 20 years experience in the life and health insurance industries with a background in pricing, product development, and valuation. Most recently, he was with Health Care Service Corporation and their life insurance subsidiary Dearborn National. He is a Fellow of the Society of Actuaries, Member of the American Academy of Actuaries, and earned BS degrees in Actuarial Science and Finance from the University of Illinois. Ann Mengelson-Clark VP OF TRANSFORMATION AND TECHNOLOGY Ann leads the life and annuity technology platform for the domestic companies of Kuvare, including Guaranty Income Life Insurance Company, United Life Insurance Company and Lincoln Benefit Life. Ann has over 25 years of experience in the life and annuity industry. Prior to joining the team at the Kuvare platform level, she served as Corporate Technology Officer for Guaranty Corporation. Ann holds BS and MS degrees from Louisiana State University. Michael Stefan HEAD OF CORPORATE DEVELOPMENT & STRATEGY Michael brings experience across investment banking, the insurance industry and public accounting. He spent 14 years with Bank of America and predecessor Merrill Lynch, advising corporate clients on mergers, acquisitions and capital raising in its Financial Institutions Group. Prior to joining Kuvare, Michael was the corporate treasurer at Amynta Group, an insurance services company. He previously also worked as a certified public accountant in Deloitte’s Financial Services practice in New York. Kevin Hovi PRESIDENT & CHIEF FINANCIAL OFFICER, KUVARE LIFE RE LTD. Kevin is responsible for the operations, including finance, investments and risk, of Kuvare Life Re Ltd., our Bermuda-based reinsurance arm. Most recently, he was with Longitude RE Limited as Chief Financial Officer. Previously, Kevin was with XL Catlin in progressively senior investment roles, most recently as Senior Vice-President, Senior Portfolio Manager responsible for rate & curve positioning and government allocations. Kevin also previously worked for Marsh in Bermuda and Deloitte in Canada. Kevin attended the University of Waterloo, earning a Honours BA in Accountancy Studies, and is qualified as a Chartered Professional Accountant / Chartered Accountant (Ontario, Bermuda) and as a Chartered Financial Analyst (Bermuda). Nana Dua-Agyeman FINANCE MANAGER, KUVARE LIFE RE LTD. Nana is responsible for the accounting, finance, treasury and compliance functions of Kuvare Life Re Ltd. Most recently, he was with Hiscox Bermuda as a Financial Accountant. Previously, Nana was with Beechwood Bermuda International Ltd. as the Finance Manager. Nana also previously worked for KPMG in Bermuda in progressive roles within the assurance and advisory practices, where he served insurance industry clients across various sectors, including life insurance. Nana attended the University of Cape Town, earning a Bachelor of Business Science - Finance Honours, and is qualified as a Chartered Accountant (South Africa) and Chartered Professional Accountant (Canada, Bermuda). Laila Imtiaz FINANCE MANAGER, KUVARE LIFE RE LTD. Laila is responsible for the accounting, finance, treasury and compliance functions of Kuvare Life Re Ltd. Most recently, she worked at another Bermuda life reinsurer, and previous to that was with Deloitte in Bermuda. She holds a Bachelor of Commerce (Honors) in Accounting from Carleton University and is qualified as a Chartered Professional Accountant/Chartered Accountant (Canada, Bermuda). Jin Sun ACTUARY, KUVARE LIFE RE LTD. Jin is responsible for all actuarial functions supporting the reinsurance operations of our Bermuda entity, Kuvare Life Re Ltd. She has a wide breadth of actuarial experience spanning capital management, ALM, pricing, valuation, modeling, and reporting across various life and annuity products. Jin joined Kuvare from the Deloitte Bermuda actuarial consulting practice and previously held different positions at Manulife/John Hancock. She also has two years of Canadian pension experience. Jin is a Fellow of the Society of Actuaries and holds a BS in Actuarial Mathematics and Finance from Concordia University. Brian Roelke CHIEF INVESTMENT OFFICER, KUVARE INSURANCE SERVICES Brian leads the investment team at Kuvare. He brings decades of industry experience to the role, most recently as Head of Private Capital at Nuveen/TIAA, where he was also a member of the Board of Directors of Churchill Asset Management, TIAA’s middle market lending affiliate, and Churchill’s investment committee. Brian is a former board member of the Institutional Investors Roundtable, the Private Placement Investors Association, and the SOA’s Private Placement Experience Committee. He earned a BA in history and economics from Colgate University and an MBA in finance and accounting from New York University, where he was a Stern Scholar and a member of Beta Gamma Sigma. Jason Powers HEAD OF CREDIT INVESTMENTS, KUVARE INSURANCE SERVICES Jason is responsible for the private credit, CLO, asset-backed and corporate credit sectors. Before joining Kuvare, he spent 17 years at Wells Fargo Securities, most recently as Co-Head of the Corporate Debt Finance group, where he managed the structured credit and CLO businesses as part of the Asset-Backed Finance unit. Prior to that, Jason worked in the High Yield Special Products team at Banc of America Securities focusing on restructuring advisory services for stressed and distressed high-yield issuers. He holds a BA in Economics from the University of South Carolina. Robert C. Restrick, IV HEAD OF COMMERCIAL REAL ESTATE INVESTMENTS, KUVARE INSURANCE SERVICES Bob leads the commercial real estate investment efforts. With decades of industry experience, he was Head of Commercial Real Estate Lending at Sabal, establishing a CMBS platform and brought their first securitization to market. He also served as Head of Walker & Dunlop’s investment management and was CEO for their commercial property funding business. Restrick’s additional experience spans notable senior leadership positions with CreXus Investment Group, Annaly Capital Management's Commercial Real Estate Group, CWCapital Investments, GMAC Commercial Capital Initiatives, Pentalpha Capital, Smith Barney and Morgan Stanley. Restrick has a BA degree in political science and economics from Bucknell University and MBA in finance from Rutgers University. Don Haber MANAGING DIRECTOR, COMMERCIAL REAL ESTATE INVESTMENTS Don heads credit, underwriting and asset management for the commercial real estate investments effort. With over 30 years of varied experience, he previously held senior positions in the commercial real estate groups at numerous financial institutions and publicly-traded mortgage real estate investment trusts, including Lehman Brothers, GMAC-Commercial Capital Initiatives, Barclays, Cantor Fitzgerald - CCRE, Annaly Capital Management, Ladder Capital Finance and Exantas Capital. Don started his professional career as a certified public accountant at KPMG. He is a graduate of The University of Florida, Fisher School of Accounting. Brian Kurtz HEAD OF INVESTMENT OPERATIONS & REPORTING, KUVARE INSURANCE SERVICES Brian leads the investment operations and reporting functions at Kuvare. He has over 16 years of industry experience, most recently as Director of Investment Operations, Reporting, and Analysis at Sammons Financial Group. Previously, he worked at Deloitte within the assurance practice, where he served financial services clients. Brian attended Bradley University, earning a BS in Finance and Quantitative Methods. Faisal Kassam DIRECTOR, ASSET-BACKED INVESTMENT, KUVARE INSURANCE SERVICES Faisal leads the firm’s Asset-Backed investment efforts. Previously at Waterfall Asset Management, he led the origination and structuring of private Asset-Backed debt facilities and special situation private equity investments collateralized by a wide variety of traditional loan and esoteric asset types. Faisal began his career at Guggenheim Partners, where he originated and structured esoteric Asset-Backed securities, executed M&A transactions for specialty finance and fintech companies and invested in special situation aircraft debt and equity transactions. Faisal attended the University of Wisconsin-Madison where he earned a BA in Economics. Ira Kaplan DIRECTOR, PORTFOLIO MANAGEMENT, KUVARE INSURANCE SERVICES Ira leads the portfolio management initiatives with 25 years of industry experience. He previously managed core credit strategies and asset management relationships at Prosperity Life, was Head of US Admin Re® Portfolio Management, was on the board of directors for Aurora National Life, and was with MetLife's portfolio management unit. Ira is a CFA® Charterholder with an MBA in finance from New York University and a BS in Statistics & Biometry from Cornell University. OUR PARTNERS Interested in working with us? TELL US MORE ABOUT Kuvare provides strategic support and resources to help companies pursue and achieve sustainable growth opportunities. LOCATION 5600 North River Road, Suite 300 Rosemont, Illinois 60018 United States INFORMATION Legal/Privacy © 2021 KUVARE. ALL RIGHTS RESERVED.