The principal of PB Risk Management Ltd. Peter has spent half of his career to date in international underwriting (both Direct and Reinsurance) during which time he worked on both sides of the Atlantic. A Danish national, Peter was educated in the UK and has worked in Belgium, France, Spain, Germany, the Netherlands and Denmark before being transferred to New York. While in the US Peter worked in New York and Connecticut with a countrywide remit.
He has many years experience in designing and underwriting some of the largest and most complex insurance programmes.
These have included all facets of “ART” (Alternative Risk Transfer) approaches as well as the use of self insurance vehicles such as Captives, Rentacaptives and PCC’s. Peter spent the second portion of his career employed as a Global Director of Risk for a FTSE 100/250 company.
In this role he was responsible for the purchasing of all insurances as well as the implementation of all areas of Risk Management including disciplines such as Business Continuity, Security, Health & Safety and Environment. He was also accountable for the operations of the Group Captive and served as Director of the Captive Insurance Company. He established global Risk Management Systems and managed the reduction in total Cost of Risk by over 80% (while the overall risk profile grew by 400%+).
Peter has since delivered a number of RM solutions and now serves as Director of a new Protected Cell Company.
Peter was a member of the Board of AIRMIC for nine years five of which he served on the Executive Board and he was elected Chairman of AIRMIC in 2005. He has also served on the Board of IFRIMA and been a liaison with RIMS.
Peter is a member of AIRMIC, RIMS ,the Institute of Risk Management [IRM] and the Institute of Directors [IOD]. He has lectured on Risk Management and International Insurance Programme Design and Captives in Europe, the USA and South Africa and has often contributed to insurance and risk management publications. He speaks four languages fluently and has “smatterings” of a few other languages.