Real Estate Practice Insurance

Real Estate

Our Real Estate practice is at the forefront of providing competitively priced insurance solutions for single assets and real estate portfolios. With comprehensive wording and superior access to insurers across the CEE region and international markets, we help asset managers and property investors create value.

Our clients comprise offices, retail spaces, industrial units, logistics hubs, hospitality venues, and  mixed-use developments.

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 aspects of insurance. As an industry specialist, we do not look at single lines of insurance in isolation, but create comprehensive risk transfer packages unique to your needs.

The solutions we offer range from areas of exposure such as:

  • property damage;
  • business interruption;
  • third-party liability;
  • loss of footfall;
  • non-damage business interruption;
  • parametric coverage.

In addition, cover like inherent defects insurance help bridge the interface between the construction and operational phase, offering additional security to the investment. Risk transfers for terrorism, terrorism liability and similar covers also complement the insurance package depending on the occupancy.  Whatever your needs, we work with you to provide you with a bespoke offering to match your requirements exactly. 

We have extensive experience covering all sectors of the Real Estate industry, including solutions designed specifically for office, retail, industrial, logistics, hospitality or mixed-use developments.

We help you structure developments, discuss investments with financiers, dovetail covenants and collateral warranties with insurance solutions, and implement cost-effective, comprehensive risk transfers.  All of this is backed up with unparalleled strength in settling insurance claims on your behalf.  We are so much more than just an insurance intermediary; we are an extension of your business.

Related Insights​

Richard Krammer looks at the transition to green construction and how insurance just might be the answer to helping businesses secure the funding needed to smoothly transition to a greener, cleaner future. 
The Covid-19 pandemic has accelerated existing trends which will continue to shape the real estate sector in the years to come.
At the same time and with increasing urbanisation, infrastructure and smart city developments, a stronger focus will be put on making infrastructure and transport more efficient and sustainable.

Pascal Jaut

Insurance Specialist Construction & Real Estate

T +43 664 883 80 536