The D. A. Tsenov Academy of Economics awards a Doctor Honoris Causa degree to Peter Höfinger, member of the MB of Vienna Insurance Group
The D. A. Tsenov Academy of Economics awards a Doctor Honoris Causa degree to
Peter Höfinger, member of the MB of Vienna Insurance Group
The D. A. Tsenov Academy of Economics in Svishtov awarded the honorary title of Doctor Honoris Causa to Peter Franz Höfinger, member of the Management Board of Vienna Insurance Group and chairman of the Supervisory Boards of Bulstrad Vienna Insurance Group, Bulgaria, and Bulstrad Life Vienna Insurance Group AD, Bulgaria.
The Academy of Economics is currently the only higher education institution with an individual insurance faculty department. The Academy was established in 1936 and since then the honorary degree has been awarded to 23 renowned figures only. The official ceremony of conferring this honorary distinction took place in the auditorium of the higher education institution in Svishtov. The guests of the ceremony included members of the management boards, directors and experts from the companies Bulstrad and Bulstrad Life.
The professional and public accomplishments of the nominee for honorary recognition were presented to the academic community and guests of the ceremony by Assoc. Prof. Todor Krastevich, Vice-Rector for Scientific Research and Development at the Academy of Economics in Svishtov.
During the ceremony, the Rector of the Academy, Assoc. Prof. Ivan Marchevski presented the decision of the institution to award Mr. Peter Höfinger with an honorary degree. According to the reasons for the decision adopted on 31 January 2018, Peter Höfinger is conferred with this distinction for his “significant contributions to the process of convergence between education and business,” as well as to the theory and practices in the insurance field. The Rector read the text of the diploma in Latin and conferred to Peter Höfinger the insignia of Doctor Honoris Causa.
Peter Höfinger expressed gratitude for the distinction and presented an academic speech entitled “Opportunities and Challenges Connected to Digitization in Insurance”. After the conferral of the degree during the official ceremony, Peter Höfinger visited the Academic Museum and signed the chronicle book of the Svishtov Academy.
After the ceremony Mr. Höfinger shared: “I am very honored about this award and this great ceremony. My thanks goes to the Svishtov Academy and to my colleagues from Bulstrad Vienna Insurance Group, whom I would like to congratulate for the delivered great results and the accomplishment of Bulstrad as a market leader in Bulgaria. This achievement underlines our strategy of sustainable investment in Bulgaria and becoming an even stronger partner for our customers.”