Forestry & Timber

From pulp and paper operations to foresters/operators of harvesting equipment, as well as sawmill operators, we are committed to having a positive impact on your business. Regardless of the type, complexity or size of the operation, we can contribute effectively to managing and minimizing your risks.

Understanding Your Risks

We have been working with companies in the forestry & timber sector for over 30 years and are servicing many market-leading companies in our region. This vast experience has made us a reliable and qualified partner for clients such as:

Foresters and forest owners;
Contractors;
Sawmill operators;
Harvester and forwarder operators;
Pulp and paper companies.

Providing Tailored Solutions

We have developed a new, risk-based insurance concept for woodworking and processing companies. The individual risk situation is carefully taken into account, resulting in an optimal insurance cover tailored to each company.

Our industry specialists take a proactive approach to identifying your needs. We will create an action plan tailored to your unique needs, and help you find the appropriate solution to reduce the total cost of risk. The process includes:

Identifying exposures to loss through damage to physical assets and liability due to operating and contractual obligations;
Guiding how to protect your assets and explaining insurers’ protection standards and eligibility requirements;
Tailoring an insurance and risk management program that addresses your specific needs;
Identifying the insurers who can best serve you now, and adapt as your business grows and changes in the future.

Creating Added Value

Our consultative approach can often result in transferring risk through securing coverage for various exposures, such as:

Property, equipment, stock;
Equipment breakdown (e.g. boilers, production machinery, generators, transformers, etc.);
General and Products liability;
Pollution and Director and Officer liabilities;
Transportation of product by road, rail and water:
Trade credits (i.e. account receivables, bad debts).

The concept is topped off by a wording specially developed for the timber industry with a wide-ranging scope of coverage.

What Our Clients Say

“Sustainability is our topmost priority and the guiding
principle which we apply to our business partners as
well. GrECo has proven itself time and again, as a solid
Austrian family business and stable long-term partner”

Georg Schöppl

Board Member Finances
and Real Estate at ÖBf

Roland Litzinger

Head of International Business GrECo Austria

T +43 664 210 50 13

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Understanding Your Risks

Providing Tailored Solutions