Our independence guarantees stability and predictability.
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.
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.
We are present in 69 subsidiaries with more than 1200 employees.
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. New locations in several countries followed suit. Our unique presence in this region is a stable foundation for continued future growth.
30 Years Excellence in CEE
Our experience boasts a proven track record of more than 30 years. Back then, we established the first international insurance programmes. Today, our local client service teams take care of several hundred programmes reliably and professionally. The teams are fluent in English, our corporate language, and speak more than 20 languages within the Group.
Why Choose Us?
95+ years experience in risk and insurance management
Uniform and connected systems with full IDD & GDPR compliance
Dedicated local teams handling international programmes
Strong Carrier Relations
Placing and negotiating power in the insurance market
69 GrECo-owned offices in the region as well as long-term broker partners
Since the 1990s, countries of Central-, Eastern-, and Southeastern-Europe have largely been transitioning to market economies with democratic forms of government and now participate in global markets for goods and services.
Damir Pelak, General Manager and Jurij Rožej, Head of International Business at GrECo Slovenia talk about the exceptional COVID-19 year, a well-developed insurance market and some specifics of taxes in Slovenia.
“At Erste Group, we have an ESG Office, a dedicated unit focused on sustainability. We are situated within the strategy department, and our main responsibility is to implement the entire regulatory framework of the EU Green Deal within the bank. ”
“My motivation is to find and develop new talents, create excellent teams and implement new ways of doing things, being the trendsetter in risk management and consultancy to help the customers protect and mitigate business risk and continuity. ” – interview with Vladimír John, our new Head of strategic partnership & business development in Czech…
GrECo nova – Expert in international client servicing
After the fall of the Iron Curtain GrECo was the first foreign broker to establish a subsidiary in Hungary in 1989. Our ambition back then was to be close to the client and to guarantee the best possible service abroad. This ambition became our guiding principle. Since 1994 GrECo has been offering international clients worldwide risk and insurance management and has set up a network of carefully selected expert brokers. Today. we operate in 17 countries in the CEE region, ensuring that our clients receive the assistance and services they need at their doorstep.