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.
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
If you have followed the media recently, you are probably aware that the younger generation cares about the environment and their future, and that they are willing to go to the extreme to prove their point.
A third of the younger generations believe climate change is the biggest threat of our time, and over half believe they don’t have the power to do anything about it.
The United Nations has recently indicated that the youth of today have the most positive outlook on Artificial Intelligence (AI) with an astonishing 93.2% stating they feel positive about it
82% of Gen Z will buy a car with a combustion engine.
62% of the younger generation believe being vegetarian is a good way to help save the environment.
Companies need to think through these topics on time and think them through strategically, so they can build up strategic competitive advantages
August 2023 saw horrific flooding in Slovenia as a month´s worth of rain fell in just 24 hours. We ask: How can politics help in such a crisis?
Small steps by every business and every individual today will make a huge impact on our environmental footprint in the long run. We should all be thinking of cleantech living and doing whatever we can to help reduce our environmental footprint.
Austrian Post has laid the right tracks for vehicle fleet sustainability in the haulage and logistics industry with its future-oriented strategy.
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.
In today’s rapidly evolving workplace, leading diverse teams poses unique challenges, particularly when managing different generations.
In era when employee mental health is so important, can you afford not to take it seriously?
George Winter discussed with Sergiu Manea, CEO of Banca Comercială Română, how the bank prioritises education to address the challenges.
AI is taking the world by storm and companies large and small across all sectors are exploring how this latest technological development can aid them in their business endeavours.
While the Social Credit Systems is a distinctive feature in China, its application in Europe would face significant challenges and concerns.
In era when employee mental health is so important, can you afford not to take it seriously?
Katerina Pavlidi met with Jurgita Karvelė
to discuss how effective reputational risk management is the key to preventing psychological violence in the workplace.
ASFINAG oversees the planning, construction, maintenance, operation, and toll collection for approximately 2,549 kilometres of Austria’s motorways and expressways.
In this new Anthropocene Age, the main risks are people’s actions and reactions.
In a world rapidly advancing toward quantum computing, have we underestimated the risks and will our reluctance to act now leave our digital world exposed and vulnerable?
How technology will contribute to increasing resilience and why personal responsibility is an important part of risk management.
In an era where artificial intelligence is woven into every aspect of business, the hidden dangers of unsanctioned AI tools are increasingly coming to light.
During a recent panel discussion organised by GrECo Czech Republic, experts in insurance and cyber security examined the most critical cybersecurity challenges and strategies.
The insurance industry is undergoing a profound transformation, driven by the rapid adoption of AI and predictive analytics.
Within healthcare, many doctors and nurses see AI as a promising tool to ease their heavy administrative workload and are eagerly anticipating further advancements.
In an era where artificial intelligence is woven into every aspect of business, the hidden dangers of unsanctioned AI tools are increasingly coming to light.
José Luis Abad Garcia, Competence Center Manager Motor, at GrECo Austria shares GrECo’s groundbreaking journey in integrating AI to transform motor insurance claims processing.
In an unpredictable global landscape, the resilience of food supply chains is no longer a luxury but a necessity.
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