Specialist Insurance and Risk Management
Who we are
We have been a privately-owned family business ever since the beginning. Our independence is a privilege: we are not responsible to stock market analysts or share prices, we are only committed to meeting the needs of GrECo target groups.
Our far-reaching network, the pioneering work in the CESEE region as well as the trust placed in us has made us the leading insurance brokers and consultants in the region. A pole position that we, a family business with strong roots in Europe, are particularly proud of.
What we do
In our risk and insurance management solutions for industry, trade, commerce and public sectors, we put the spotlight on individuality. At GrECo, we provide optimum security for clients’ employee, operational and financial risks and manages these risks at all levels.
Trust and proximity characterise our relationships with clients. Coupled with a broad spectrum of specialties and expertise, this enables us to precisely assess risks and tailor and optimise risk and insurance costs for our clients.
Excellence in CEE
In 1989, we were one of the first insurance brokers and consultants to expand into Eastern Europe. Today, we manage 65 offices in the region from our headquarters in Vienna.
employees
million EUR turnover
million EUR place premium
offices in 18 countries
years experience
serviced countries worldwide
Family Members in Key Functions
As an owner-managed company GrECo is renowned for its reliability, stability and independence. The founding pioneer Friedrich Neubrand, his sons Georg and Fritz as well as grandson Markus are part of the family team.
Friedrich Neubrand was at the helm of the group for more than 40 years and has recently retreated into the role of owner. His son Fritz is Chairman of the Supervisory Board and is mainly responsible for the continued internationalisation of the Group.
Georg Neubrand heads the Finance & Administration department in his dual role. He is the guardian of GrECo´s financial strength and mastermind behind those administrative processes and procedures that secure our service quality.
Recently, Markus Neubrand joined the family company. He is the digital head of the family and involved in the digitisation of sales projects as well as administrative processes.
Foundation of an insurance consultancy by Josef Gregor in Vienna
The GrECo Group is established by Friedrich Neubrand
The GrECo Group is established by Friedrich Neubrand
Start of the expansion in CESEE with an office in Hungary
Start of the expansion in CESEE with an office in Hungary
Foundation of subsidiaries in Czech Rep., Slovakia, Slovenia, Croatia, Romania and Bulgaria
New operations in Poland, Serbia, Ukraine, Russia and Lithuania
Foundation of Joint Venture Ecclesia GrECo Hospital
Cooperation with Erste Group in CEE, broker acquisition of VMG in Austria
Setting up offices in Turkey and Estonia
Acquisition of Baltic Brokers IIZI and Sagauta
Acquisition of MAI, major broker in CEE, Transfer of the Russian operation to the local management
Foundation of GrECo North Macedonia office
Latest News
Spotlight on Turkey: 10 years of GrECo Turkey
Headquartered in İstanbul, the team at GrECo Türkiye is committed to a client-centric service approach and specialises in sectors such as Health & Benefits, Property, Financial Institutions &…
Meet Our Financial Lines and Institutions Team!
One of the teams that we are proud of is our Financial Lines group. Each of its members has a different story about how they got into insurance, what they…
Statement of the Executive Board: GrECo Boosted Revenues in 2023
In 2023, GrECo boosted revenues whilst focusing on implementing our corporate strategy.