The complexity of today´s risk environment is changing at an accelerating pace, making risk management even more challenging. We address these challenges by highlighting underlying systemic transformations and their implications for future risk and insurance management in various sectors.
In the risk management context of these systemic transformations, we classified these “risk changers” that directly affect a company and use the terms:
- “Environment in danger” for ecological,
- “Beyond globalisation” for geopolitical,
- “Digital transition” for technological and
- “Social disruption” for social transformation
In the risk management context of these systemic transformations, we classified these “risk changers” that directly affect a company and use the terms:
- “Environment in danger” for ecological,
- “Beyond globalisation” for geopolitical,
- “Digital transition” for technological and
- “Social disruption” for social transformation.
We have created Horizon, firstly as a print publication and now as a platform for sharing the latest insights about ongoing transformations. Our risk specialists will continue to provide their expertise and knowledge to shine a light on the challenges of the future.
We have created HORIZON to share the latest insights about ongoing transformations.
Our risk specialists provide their expertise and knowledge to shine a light on the challenges of the future.
Discover all their latest insights, thoughts and viewpoints, or choose from our systemic risk categories to find out more.
Companies are exposed to various kinds of risks. At the same time, systemic transformation exacerbates existing risks and causes new risks to emerge.
Michael Kolb, Board Member at Acredia, talks about the political effects of the energy crisis and situation of the former Yugoslavian countries.
For Erne Fittings, the world’s leading supplier of butt-weld fittings, every safe connection is a strong pillar of success in risk and supply chain management
How can we increase flexibility and financial resilience in an ever-changing economical and geopolitical environment
The international insurance industry is no longer willing to agree on coverage for Russia and Belarus. The options for coverage in Ukraine are very limited.
Employers need to go back to basics and look at the structure of the benefits they offer and determine if it must be changed or stepped up. Now is the time to do it.
Nowadays, employees expect more from their employer than ever before. Meeting these expectations will involve more personalisation of the benefits offering.
How will global insurance and reinsurance adapt to new challenges and navigate the stormy waters of the 21st century?
Jürgen Spari spoke to Georg Knill about the challenges of the energy transition for the industrial sector and the impact of the Russia-Ukraine conflict on domestic companies.
With the ESG spotlight upon us all, company’s need to meticulously craft their future communications strategies, making sure they truly understand the sustainable profile of their products, services, or activities.
In einer Zeit, die von geopolitischen Umbrüchen, wirtschaftlicher Volatilität und zunehmendem ökologischen Druck geprägt ist, sehen sich österreichische Unternehmen mit einem immer komplexer werdenden Risikoumfeld konfrontiert.
Ist es ein Klischee zu glauben, dass Frauen härter arbeiten müssen, um in männerdominierten Branchen erfolgreich zu sein?
Under the title “Environment in danger”, our upcoming HORIZON series concentrates on the ecological transformation and therefore looks at all its challenges from various angles.
Other crises, the climate crisis being a prominent example, are more likely to emerge as developments that gradually manifest themselves.
An effective risk management process is a basic requirement for tackling transformation risks.
Mariana Kühnel, Deputy General Secretary of the Austrian Chamber of Commerce spoke about staying calm in these unpredictable times and how Europe can gain comparative advantages.
Economic sanctions used for foreign policy purposes are economic penalties – such as prohibiting trade, stopping financial transactions or barring economic and military assistance – used to influence a nation and provide incentives for obedience with the rule of law or other governing rules and regulations.
This article will provoke thoughts and create awareness about the new political world order, the changing influence of Western and Eastern powers as well as the emergence and formation of a new centre of gravity in the global economy. It takes a close look at an emerging geopolitical dominance and focuses on the new crossroads between the West and the East – the New Silk Roads.
Plans are underway to construct a new power plant fuelled by waste material on the premises of Rondo Ganahl AG as part of the Initiative “Energy Autonomy Frastanz”. The new plant in Austria’s most western province will cover the future thermal energy demand of the Rondo paper mill and corrugated board plant and will also supply other businesses and private households.
IIZI’s journey with bespoke solutions has been a testament to the power of tailored services in enhancing client satisfaction.
Considering that play is central to developing imagination, agility, creativity, resourcefulness, adaptability, and innovative capabilities, why would we want to limit it?
Austria’s pension system is facing significant challenges, hampered by a reluctance to adapt to demographic and economic pressures.
With fewer young people pursuing farming careers and the worsening of our perceptions about the agricultural industry and its impact on the environment, Maksym Shylov, Group Practice Leader, Food & Agriculture, at GrECo Group hosted a virtual roundtable discussion
The conversation delves into the distinct roles of training, mentoring, and coaching, the unique benefits of coaching, and how it can enhance efficiency and effectiveness within organisations.
Petya Ivanova delves into the complexities of the generational gap within Bulgarian workplaces.
As businesses and societies navigate these complexities, adopting a holistic approach to supply chain management is crucial.
Can AI ever fully replace human judgment? And perhaps most crucially, how can AI and human expertise complement one another to bolster cybersecurity?
Glass is a sustainable packaging material which consists of 100% natural raw materials and is endlessly recyclable.
We are excited to announce the release of the 5th Horizon Risk Thought » Fast Forward publication!
In this exclusive interview, we bring together two leading voices on digital transformation in Central and Eastern Europe: Ursula Deschka, CEO of ERGO Baltics and Georg Winter, CEO of GrECo Group.
Peter Papp, sat down with Peter Bešina, founder of Paralla and Cryptodiggers, to discuss the evolution of cryptocurrencies.
Fear appeal is a common tactic to highlight the dangers of unsafe cyber behaviour in many cybersecurity awareness campaigns.
One practical application of AI is in the digitalization of HR processes. Tasks such as document management and onboarding can be streamlined, reducing errors and saving time.
Excessive reliance on devices is leading to “digital dementia,” a rise in memory lapses, diminished focus, and cognitive fatigue – even among youth and the workforce.
Digital transformation is reshaping higher education, but what does that really look like for universities on the ground?
The new rules mean senior executives face increased scrutiny, greater personal liability, and must pay close attention to the role of D&O insurance in this new era of digital risk.
IT employees are under constant pressure. The threat landscape is dynamic, complex and often unpredictable
Dive deep into our HORIZON print edition which focuses on various transformations and looks at all the challenges they pose from different angles.
Georg Winter
CEO GrECo Group
T +43 664 962 39 06