In 2024 we continued to concentrate on our market position, risk-based advisory & specialty focus, GrECo culture, and technological leadership.
Our corporate strategy of specialising in defined sectors and insurance lines with an increased need for expertise and advice, and our consistent personnel policy to select talented specialists in GrECo’s home markets have led to a sustained positive development in our business performance, resulting in growth organically and inorganically and an 11% increase in our net revenue.
Our Annual report showcases our Cyber Specialty, highlights our presence in the Czech Republic, and introduces our new partner in the US. You’ll find comprehensive details about our financial health and growth trajectory in the Financial Performance section. The report also emphasizes our progress in ESG, outlining our strategy and stakeholder engagement initiatives. Additionally, we introduce key projects in Learning & Development and Diversity, Equity & Inclusion, as well as the impactful work of the GrECo Foundation.
Related Insights
Timely Credit Risk Monitoring Is Once Again Playing an Important Role for Businesses
Demand has slumped significantly for many companies with payment behaviour deteriorating drastically over the past few months.
More Than Just an Insurance: Credit Insurance in Uncertain Times
At the beginning of the last quarter of 2022 some economic forecasts stated that the energy crisis, inflation, higher interest rates and the outlook for a recession could significantly boost the number of business bankruptcies.
Natural Gas Seems to Be the New Gold: Interview With Michael Kolb
Michael Kolb, Board Member at Acredia, talks about the political effects of the energy crisis and situation of the former Yugoslavian countries.
