Hartford Insurance Group Promotes Prateek Chhabra Chief Risk Officer As Robert Paiano Retires

The Hartford Insurance Group has announced the promotion of Prateek Chhabra to Chief Risk Officer, effective September 1, 2025, succeeding Robert Paiano who will retire at the end of the year after nearly three decades with the company. Chhabra, who has been with The Hartford since 2018 as senior vice president and chief insurance risk officer, brings extensive experience from his prior role as CRO at The Hanover Insurance Group and various consulting positions. CEO Christopher Swift praised Chhabra for his leadership in advancing risk management capabilities and driving innovation, emphasizing that the transition reflects the company’s strong succession planning and leadership depth. Paiano, who previously served as the company’s treasurer, will continue in an advisory role to facilitate a smooth transition. The leadership change comes amid The Hartford's solid recent performance, with a 2% stock price increase in the last quarter and a total shareholder return of over 219% over five years, highlighting its robust position in the insurance sector. This move aims to sustain The Hartford's commitment to effective risk management and strategic growth.