Our Real Estate practice is at the forefront of providing competitively priced inurance solutions for single assets and Real Estate portfolios. With comprehensive wordings and superior access to insurers across the CEE region and international markets, we help asset managers and property investors create value.
Understanding Your Risks
Real Estate developments aspire to fulfill the needs of tenants while providing a healthy return to owners and investors alike. At GrECo, we support you with all insurance-related aspects. As an industry specialist, we are not looking at single lines of insurance in isolation, but create comprehensive risk transfer packages tailored to your needs.
Providing Tailored Solutions
The solutions we offer range from areas of exposure like property damage, business interruption and third-party liability to less commonly known solutions like loss of footfall, non-damage business interruption or parametric coverages.
Covers like inherent defects insurance help bridge the interface between the construction and operational phase, offering additional security for the investment. Risk transfers for terrorism, terrorism liability and similar covers complement the insurance package depending on the occupancy.
Creating Added Value
We provide extensive experience covering all sectors of the Real Estate industry, including solutions designed specifically for office, retail, industrial, logistics, hospitality or mixed-used developments.
We help our clients structure developments, discuss with financiers, dovetail covenants and collateral warranties with the insurance solutions and implement cost-effective, comprehensive risk transfers combined with unparalleled strength in settling insurance claims in the region.
Related Solutions
Construction
Liability
Property Insurance
Latest Insights
Pillar of Our Strategy Is Specialisation – Interview With Georg Winter
Georg Winter offers some insights into his vision for GrECo. Interview was originally published in Lockton Global Partners Magazine.
Building the GrECo Health & Benefits Business: A Catch-up With Adam Riley
In July, Adam was recruited in a newly created executive leadership role, to run, build and develop GrECo’s specialist Health & Benefits business across its 17 countries.
‘Our only focus is on our client’s and people’s needs’
Ante Banovac shares his thoughts about future risks facing the insurance industry and the state of the insurance market in Serbia, Slovenia and Croatia
Richard Krammer
Group Practice Leader Construction & Real Estate
T +43 5 04 04 119
Interested in our service?
Our Construction Practice is a specialized advising and broking unit dedicated to real estate insurance solutions.