Our Markets

First in the East

Client proximity is not a buzzword for us, we live it every single day. It was also our main goal and key motivation when we expanded into Central and Eastern Europe in 1989 as one of the first insurance brokers and consultants to do so. Our subsidiary in Hungary marked the first step.

35+ Years’ Excellence in CEE

With over 35 years of proven experience, we are proud to have the longest and most extensive reach in CEE among independent, fully privately owned companies. Our unique presence in this region is a stable foundation for continued future growth.
1925

Foundation of an insurance consultancy by Josef Gregor in Vienna

1978

The GrECo Group is established by Friedrich Neubrand

The GrECo Group is established by Friedrich Neubrand

1989

Start of the expansion in CESEE with an office in Hungary

Start of the expansion in CESEE with an office in Hungary

1991-1998

Foundation of subsidiaries in Czech Republic, Slovakia, Slovenia, Croatia, Romania and Bulgaria

2001-2008

New operations in Poland, Serbia, Ukraine, Russia and Lithuania

2005

Foundation of joint venture Ecclesia GrECo Hospital

2010

Cooperation with Erste Group in CEE, broker acquisition of VMG in Austria

2013-2014

Setting up offices in Turkey and Estonia

2018-2019

Acquisition of Baltic Brokers IIZI and Sagauta

2021-2022

Acquisition of MAI, major broker in CEE. Transfer of the Russian operation to the local management

2023

Foundation of GrECo North Macedonia office

2024

Foundation of GrECo Bosnia and Herzegovina office

2025

Acquisition of Comergon in Greece and Cyprus

Our Local Expertise

Our extensive network and innovative approach ensure we meet our clients’ evolving needs with excellence and reliability. Our strength lies in Specialty broking services. We listen to our clients, understand their businesses, and create tailored risk mitigation strategies. This client-first approach sets us apart in the industry.

Comprehensive Presence

With owned and partner offices in over 30 countries across CEE, we collaborate with colleagues from a wide range of nationalities. All our teams are fluent in English, our corporate language, but across the Group we speak more than 20 languages. Back in 1989, we established the first international insurance programmes. Today, our local client service teams take care of several hundred programmes reliably and professionally.

People First

By investing in their growth and fostering a collaborative environment, we ensure that our teams thrive. With a flat hierarchy and direct access to the board, we promote innovation and teamwork above individual achievements. Our stability and independence make us the top choice for talent in CEE.

Technological Leadership

Our GrECo Tech Hub in Belgrade employs about 100 experts and creates the best systems for clients and teams. We aim to simplify processes and enhance our risk advisory services with cutting-edge tech and data solutions. Rather than outsourcing our technological services, our expert in-house team also provides unprecedented technical support, providing more benefits and a highly personalised service to our clients.

Why Choose Us

Trusted Partner

100+ years experience in risk and insurance management

Compliant Systems

Uniform and connected systems with full IDD & GDPR compliance

Easy Handling

Dedicated local teams handling international programmes

Strong Carrier Relations

Placing and negotiating power in the insurance market

One-stop Solution

69 GrECo-owned offices in the region as well as long-term broker partners

Specialist Insurance

Focus on specialty and industry specific risks

What Our Clients Say

Our Global Reach

Our excellence extends beyond CEE and Austria. Through our GrECo nova network, we pride ourselves on collaborating with leading local brokers worldwide who share our values and guiding principles. Built on mutual respect and a commitment to excellence, our partnerships ensure we consistently deliver the highest service standards and adhere to strict compliance principles globally.

Our flexible approach enables us to collaborate with the best local insurance specialists, adding value for our clients. Whether through specialisation, extensive presence, or market leadership, we offer clients the freedom to choose the right broker from our partners, ensuring bespoke solutions rather than generic offerings. This strategy maximises client benefits.

We nurture our vibrant partnerships through constant personal interaction, enriching our market knowledge and providing direct access to international insurance and reinsurance markets. We have a dedicated Central International team that manages our partner relations, oversees administrative tasks, and coordinates efforts across various countries. This team serves as a one-stop shop for the region where we operate, ensuring seamless operations and exceptional service for our clients. By managing these relationships, we stay informed about global market trends, ensuring the best solutions.
Our global reach supports multinational clients with local expertise, offering excellent service to businesses needing immediate international insurance solutions. We work with like-minded brokers to better serve our clients. As privately owned entities, we and our partners bring the best global resources and market leverage to our clients without access barriers.

Petra Steininger

Head of Group Communications

T +43 664 548 55 58