Peter Richter is Chief Financial Officer. He leads Accounting, Treasury, Financial Planning & Analysis, and Business Intelligence & Analytics. He is a Board Member of Hartford Steam Boiler Inspection and Insurance Company, The Boiler Inspection & Insurance Company (Canada), HSB-EIL (UK), as well as HSB’s global technology subsidiary relayr. He has oversight responsibility for HSB‘s insurance entities in the UK and Canada.
Since taking on his role as CFO in 2012, Mr. Richter has led several business-critical endeavors such as creating the business case for HSB’s Internet of Things strategy and leading the acquisition of Meshify and relayr. He also built out the Data and Analytics function at HSB as part of Finance, and he created the Strategic Corporate Ventures concept and rolled it out for HSB. In addition, he developed and took on a leadership role for the HSB Group transformation program.
Prior to his role as CFO, Mr. Richter was Head of the Corporate Finance Mergers and Acquisitions Department from 2010 to 2012 in Munich Re where he was responsible for the execution of Groupwide acquisitions and divestitures, as well as the foundation of new ventures outside of Europe. During 2009 he was the integration officer at HSB responsible for the integration of the company into Munich Re.
Since joining Munich Re in 2002, Mr. Richter held positions of increasing responsibility in Munich Re’s Corporate Finance division including Financial Controlling of the international reinsurance organization, capital management, and mergers and acquisitions.
Mr. Richter received a Chartered Financial Analyst designation from the CFA Institute in Charlottesville, Virginia. He holds a Master of Science in International Finance from the University of Illinois, a Master of Business Administration from the Technical University of Berlin, and is a graduate of the College of Banking and Insurance in Berlin, Germany.