Prateek Chhabra is a senior vice president and chief insurance risk officer for The Hartford's Enterprise Risk Management group. Prateek is an accomplished risk management leader with demonstrated experience in supporting enterprise objectives through effective risk management and has an extensive understanding of our business and industry with a unique perspective on effectively assessing and managing risk.
Prateek is responsible for continued development of our ERM capabilities while supporting the business segments' objectives in pursuit of profitable growth. Under his leadership, the risk management framework has seen significant advancements, driving innovation and strategic improvements across the organization.
Before his tenure at The Hartford, Prateek spent 7+ years at The Hanover Insurance Group, where he was the Chief Risk Officer for Domestic Businesses. In this role, he successfully led the development of risk management strategies across various business segments, significantly enhancing the company’s risk framework. His deep expertise in Enterprise Risk Management (ERM), data analytics models, and catastrophe modelling played a pivotal role in strengthening risk assessment, risk selection, and underwriting processes, while driving improvements in governance and risk transparency.
Before Hanover, Prateek worked in multiple risk and strategy consulting roles focusing on financial services sector with market leaders like McKinsey and Company, Aon and Verisk (AIR Worldwide at the time).
Prateek received a bachelor’s degree in economics and accounting from Panjab University, a post-graduate diplmoa (equivalent to a master’s degree) in finance and marketing from FORE School of Management and masters in business administration (MBA) with speacialization in Finance and Management Information Systems from Rochester Institute of Technology.
A true strategic thinker, Prateek’s passion for risk management, data-driven insights, and collaborative leadership style have made him a respected figure in the industry. He’s known for his exceptional ability to turn complex challenges into actionable insights and continuously improve frameworks for managing risk.
About The Hartford
The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. Follow us on Twitter at www.twitter.com/TheHartford_PR.
The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Conn. For additional details, please read The Hartford’s legal notice.
