Interview with Levan Jishkariani, General Manager of GrECo Georgia. Interview published here: https://www.xprimm.com/Interviews-121.htm
XPRIMM: Mr Jishkariani, congratulations on GrECo Georgia’s impressive performance in the first half of 2025. Could you share the key drivers behind this success?
Levan Jishkariani: Thank you. We’re very proud of what the team has achieved. In the first six months of 2025, GrECo Georgia recorded revenue of 2.3 million GEL, a 53.3% increase compared to the same period last year. This growth significantly outpaces the overall market, which expanded by 12.7% to 8.0 million GEL. Our success stems from a combination of strategic execution, deep market understanding, and a commitment to delivering tailored risk solutions. We’ve focused on building strong client relationships and leveraging our regional expertise to meet evolving needs.
XPRIMM: That’s remarkable growth. How does this performance reflect GrECo’s broader strategy in the CESEE region?
Levan Jishkariani: GrECo’s expansion across Central, Eastern and Southeastern Europe is driven by our belief in combining global expertise with local understanding. In Georgia, we’ve applied this philosophy by investing in local talent, fostering partnerships, and adapting our services to the unique dynamics of the market. Our CESEE strategy is about being close to our clients, understanding their risks, and offering proactive, innovative solutions. Georgia is a key part of this journey, and our results show that we’re on the right path.
XPRIMM: This year marks GrECo’s 100th anniversary. How is this milestone shaping your vision for the future?
Levan Jishkariani: Celebrating 100 years is both a moment of pride and a call to action. Our legacy is built on innovation, trust, and resilience. We think beyond insurance – redefining risks to create a resilient future. This centennial is not just about looking back, but about reaffirming our commitment to thought leadership and forward-thinking risk management. We’re here to empower businesses, educate on prevention, and support long-term planning. In Georgia, we’re applying these principles to help clients navigate today’s challenges and seize tomorrow’s opportunities.
XPRIMM: What does “redefining risk” mean in the context of the Georgian market?
Levan Jishkariani: It means moving beyond traditional insurance to offer comprehensive risk advisory. From cyber threats to operational disruptions, we help clients understand and manage risks holistically. We emphasise prevention, resilience, and strategic planning. Our approach is not just reactive but proactive – equipping clients with the tools and insights to thrive in uncertainty. This is especially relevant in Georgia, where the market is evolving rapidly and businesses need agile, informed partners.
XPRIMM: How does GrECo Georgia contribute to the development of the local insurance and reinsurance ecosystem?
Levan Jishkariani: We see ourselves not just as market participants, but as enablers of progress. By introducing advanced risk advisory services and international best practices, we help raise the bar for the entire Georgian insurance landscape. We actively engage with local stakeholders, support educational initiatives, and promote risk literacy. Our aim is to foster a more resilient and informed market—one that can respond to emerging risks with confidence and agility. This aligns with GrECo’s broader mission to strengthen local markets while maintaining a global perspective.
XPRIMM: How does GrECo Georgia contribute to the group’s legacy of trust and stability?
Levan Jishkariani: Trust and stability are the cornerstones of our relationships. In Georgia, we’ve built a reputation for reliability and professionalism. Our clients know they can count on us – not just in times of crisis, but as long-term partners. We’re committed to consistency, transparency, and excellence. This aligns with GrECo’s century-long ethos of being a dependable advisor and risk manager across all markets.
XPRIMM: Looking ahead, what are your priorities for the second half of 2025?
Levan Jishkariani: We’re focused on sustaining momentum and deepening our market presence. That includes expanding our client base, enhancing digital capabilities, and continuing to invest in our people. We’re also preparing for new regulatory developments and emerging risks. Our goal is to remain agile, informed, and client-centric. As part of GrECo’s CESEE network, we’ll continue to share knowledge, collaborate across borders, and contribute to the group’s strategic growth.
XPRIMM: Finally, what message would you like to share with your clients and partners as GrECo celebrates its centenary?
Levan Jishkariani: I’d say thank you – for your trust, collaboration, and shared vision. At GrECo, we’re proud of our 100-year journey, but even more excited about the future. We’re here to help you turn risks into opportunities, navigate complexity with confidence, and build resilience for generations to come. Whether in Georgia or across CESEE, we’re by your side – professionally, proactively, and with unwavering commitment.
Levan Jishkariani
General Manager
GrECo Georgia
T +995577557474
