Octave Specialty Group, Inc. ("Octave") (NYSE:OSG), a global specialty insurance firm, today announced that Philip Stefano has joined the company as Managing Director, Head of Investor Relations.

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Philip Stefano joins Octave Specialty Group as Head of Investor Relations

Stefano joins from Essent Group, where he was Vice President of Investor Relations and Corporate Development for the last five years. Prior to that, he served as Director of Equity Research at Deutsche Bank, where he was a lead analyst covering the property and casualty insurance and insurance brokerage sectors. He brings more than 20 years of insurance and financial services experience, with a background spanning investor relations, equity research, financial analysis, and actuarial consulting, including roles at Citigroup, Aon, Ernst & Young, and AIG. He holds an MBA in finance and global business from New York University’s Stern School of Business and a BBA in actuarial science from Temple University.

"We are pleased to welcome Phil to Octave," David Trick, Executive Vice President, Chief Financial Officer, and Treasurer said. "Phil’s strong analytical background and extensive experience with institutional investors will be invaluable to Octave as we expand our investor base and grow our business."

About Octave

Octave Specialty Group, Inc. is a global specialty insurance firm that builds, buys, and scales niche insurance distribution and underwriting businesses. With a focus on operational excellence, disciplined growth, and innovation, Octave is creating a harmonized portfolio of companies that deliver exceptional performance and long-term value for shareholders. For more information, visit www.octavegroup.com.

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Investors:

IR@octavegroup.com

Media:

Kate Smith

Director, Corporate Communications

ksmith@octavegroup.com