About Our Team

The NIP Captive Management Team

Richard Augustyn, Chief Executive Officer
Richard Augustyn is Founder and Chief Executive Officer of the NIP Group Inc., one of the top 100 largest U.S. insurance intermediaries. Mr. Augustyn has been a successful entrepreneur and innovative commercial insurance executive for more than 20 years. In addition to founding NIP Group, Mr. Augustyn has founded and directs a portfolio of several highly successful ventures in the commercial insurance and financial services industries. His business success led to being named in 2003 to NJBIZ’s Forty Under 40, a program that honors young men and women who have made outstanding contributions to their fields.

Mr. Augustyn is a nationally recognized commercial insurance expert. His television appearances include interviews on CNN/FN, WABC, and public television’s PBS and NJN. He has been quoted in publications such as the New York Times and the Newark Star-Ledger and speaks on insurance-related topics throughout the country.


Lawrence J. Dunn III, CPA, Chief Financial Officer
Larry Dunn is CFO of NIP Group, Inc. and a member of its management committee. Mr. Dunn’s business career spans over 25 years in the insurance and financial services industries. Prior to joining NIP Group he was Managing Director and Chief Operational Risk Officer for a major subsidiary of GMAC Financial Service (GMAC) a global financial services company, a senior financial executive at American International Group, Inc. (NYSE: AIG) and Treasurer of C.V. Starr & Co., Inc., one of the world’s largest Managing General Agents (MGAs). He began his career in public accounting as a member of the insurance practices first at KPMG and later at Deloitte & Touche. He also served as President of the Society of Insurance Financial Management. Mr. Dunn graduated from Pace University with a BBA in Accounting with highest honors and is a Certified Public Accountant (CPA). Mr. Dunn can be reached at Ext. 255 or via e-mail: ldunn@nipgroup.com.


Lyn W. Winters, CPCU, ARe, President, Conventus Inter-Insurance Exchange
Lyn Winters has over 25 years of knowledge and experience in medical professional liability insurance, with a focus in underwriting. With Conventus since its inception, Ms. Winters helped develop and continues to uphold the strict underwriting and admissions standards that have helped Conventus build an extremely strong and balanced book of business in a highly competitive marketplace. She has been the driving force behind Conventus’ strong customer-centric focus, ensuring that the best services, programs and overall value are consistently provided to Conventus member-owners. Most recently, under Ms. Winters’ leadership, the first Conventus Owner Benefit Plan (COBP) was administered, returning dividends and surplus to members based on 2009 results.

Ms. Winters holds the designation of Associate in Reinsurance and is a member of the American Society for Healthcare Risk Management, the New Jersey Chapter of the CPCU Society and the Professional Liability Underwriting Society. Ms. Winters can be reached at Ext. 221 or via e-mail: lwinters@nipgroup.com.


Earl Miller, President, NIP Management Services, LLC
Earl Miller has more than 25 years of insurance industry experience in a wide variety of areas, and was part of the team that helped create and launch both the Garden State Municipal Joint Insurance Fund and Conventus Inter-Insurance Exchange. He came to NIP Group from Magna Carta Companies, where he was Vice President of Human Resources and, before that, Vice President of Home Office Underwriting. He has a BBA from the College of Insurance (now part of St. John’s University). He has extensive experience in the research and development of new insurance programs, as well as the reengineering of existing organizations. Mr. Miller can be reached at Ext. 251 or via e-mail: emiller@nipgroup.com.


Conrad G. Cyriax Esq., Vice President of Claims
Conrad Cyriax has handled claims for Conventus since 2003, during which time Conventus has posted outstanding claims results. He has practiced insurance law with Thacher, Proffitt & Wood in New York and with Riker, Danzig, Scheerer, Hyland & Perretti in New Jersey. He also has an extensive insurance background having been the Claims Manager for Alexander Howden (U.S.), Prudential Reinsurance and Liberty Mutual.

Mr. Cyriax graduated Seton Hall University with a B.A. cum laude in Political Science and holds a Juris Doctorate degree cum laude from New York Law School. In law school, he served as editor of the Law Review. Mr. Cyriax can be reached at Ext. 425 or via e-mail: ccyriax@nipgroup.com.

NIP Group, Inc. 900 Route 9 North | Suite 503 | Woodbridge, NJ 07095-1003 | 800.446.7647