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 minimising your risks.
Our clients in this sector include foresters and forest owners, contractors, sawmill operators, harvester and forwarder operators, and pulp and paper companies.
We have been working with companies in the forestry & timber sector for over 30 years and are service many market-leading companies in CSEE. This vast experience has made us a reliable and qualified partner for our clients.
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 custom-made 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;
- Guidance on how to protect your assets and explaining insurers’ protection standards and eligibility requirements;
- Tailoring an insurance and risk management programme which addresses your specific needs;
- Identifying the insurers who can best serve you now and adapt as your business grows and changes in the future.
Our consultative approach often results 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 product liability; pollution and director and officer liabilities; transportation of product by road, rail, and water; and 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
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”
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Roland Litzinger
Head of International Business GrECo Austria
T +43 664 210 50 13