Financial institutions are exposed to numerous risks which, in the worst-case scenario, may threaten their very existence. Wrong advice or inadequate risk warnings in sales brochures for financial products can lead to cumulative losses and affect many clients. The most important policies in this area concern financial lines. They also involve the majority of insurable risks for banks. Losses in this area can have immense repercussions for the balance sheet.
Understanding Your Risks
Since 2014, specialists from our Financial Institutions Practice Group have been taking care of clients from the financial business sector – banks, insurance companies and financial institutions. To date, over 100 companies have placed their trust in this speciality.
In our specialisation, we try to support our clients holistically. For us, this means that we do not only concentrate on individual insurance lines but are also available as partners and advisors in all insurance areas and will connect you with these dedicated specialists.
Providing Tailored Solutions
Creating Added Value
We help finance and transfer your risks, as well as fulfil regulatory requirements in some areas. Our technical expertise and analytical capabilities create additional value for Financial Institutions. We constantly monitor developments in the insurance market and make clients aware of any future implications. As (re)insurance brokers, we unlock the local, regional, international and global insurance markets to accommodate for the appropriate coverage.
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Latest Insights
GrECo Annual Report 2021
Read about new GrECo clients, claims management successes and our plans for a more sustainable future in our publication Annual Report 2021.
Behind the Scenes of Successful Insurance Claims Management
Insurance claims management is our core business, especially when it comes to complex or major claims. In doing so, we strive to achieve successful results.
EVER GIVEN – One Year Later
The shipping accident in the Suez Canal has far-reaching consequences for supply chains. Ultimately, this also pushes transport insurance to its limits.

Brian Alexander
Group Practice Leader Financial Institutions
T +43 5 04 04 342