The aviation industry needs to be resilient in the face of an ever-shifting risk landscape. Addressing the multitude of daily risks requires thorough planning, effective risk management strategies, and remaining adaptable to changing conditions is essential, and airlines must consistently monitor these risks and formulate suitable responses to safeguard their long-term viability and success.
GrECo advises and supports many renowned clients in the areas of aircraft, airports and airfields, ATC, maintenance, and manufacturing operations, as well as all other associated risks.
The entire aviation industry – airlines, business jet operators, airport, and aerodrome operators – has been under attack for quite some time now and is regularly affected by:
- Ever-changing regulatory requirements – safety standards, security measures, and environmental directives
- Economic fluxes – the rise and fall of fuel prices, varying exchange rates, and economic slumps
- Operational risks – natural disasters, mechanical failures, and cyber-attacks are the order of the day.
The aviation insurance market has navigated through turbulent times in the past including increasing premiums, reduced capacities, and a selective stance when choosing risks. The GrECo Aviation Practice Group specialises in designing tailor-made insurance concepts. We stand for sustainable insurance solutions at the highest level, with a proven and committed team.
We are an independent broker looking for the best solutions. Our partners are all aviation insurers in Continental Europe and in the important UK aviation insurance market. For a better overview in the international sector, we cooperate with broker partners around the globe.
Our experience helps us to identify and understand your needs together with you. Based on this, we design customised risk concepts and coverage models requested in the market: we minimise your costs and cover all existing and possible risks optimally.
In addition to tailor-made insurance contracts, our primary focus is servicing in the event of a claim. Competent claims handling and coordination with the insurer are paramount to us so we can ensure you are quickly ready for operation again.
We know how important it is to get help quickly! That‘s why, as a special service, we offer 24/7 availability on our hotline. For all questions regarding your contract, any additional cover you may need or, of course, in the event of a claim, you can reach us at any time on the following number: +43 5 04 04 200
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Ilse Konheisner-Holub
Competence Center Manager Aviation
M +43 664 96 24 012