Industry Insights
Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.
Sustainability is increasingly becoming a (compulsory) programme and ESG criteria pose new challenges for the risk and opportunities management of companies.
Tusher Thakker, CEO at PERAJ INSURANCE BROKERS talked to Jonathan Höh, GrECo nova Network Coordinator about the variety of languages in India and how excellent client service can lead to long-term client relationships.
The effects of Covid-19 and the resulting standstill in air traffic are well known. But which developments can we expect in the future? What will airports and aircraft look like in the future? Even if we are already quite carefree about the pandemic in our everyday lives, some innovations are necessary and to be expected (if not already introduced) that will affect us when we fly
Europe is massively investing in Renewable energy production. Detractors of these technologies have a lot of compelling arguments and one of the most relevant is the energy availability: What if there is an instant surge in demand? What if everyone in England starts their kettle at half-time during the Euro’s final and there is no wind and no sun energy available?
Lisbeth Lorenz, GrECoconversation with Rainer Kubicki and Gerhard Weinhofer, Managing Directors of Creditreform in Austria, about credit risk management in times of crisis.
In order to achieve the EU’s climate and energy goals by 2030, an action plan has been developed.
Safety is of enormous importance, especially in the field of aviation, and must or will become an increasingly important issue – but accidents still happen. We also see the effects in the developments of aviation insurance.
Due to the Covid-19 crisis, private credit insurers expected a drastic increase in corporate insolvencies and thus high losses. Therefore, they had to tighten their underwriting policy considerably.
In October 2018 for instance, Ingérop was victim of a cyber attack where perpetrators were able to get documents relating to nuclear plants, jails/correctional facilities and railway lines.
Company News
Read about new developments, initiatives and business decisions in the GrECo Group.
The market leader in risk and insurance management in Austria and Eastern Europe is preparing a reorganisation in the Executive Board and Supervisory Board of GrECo International Holding AG.
GrECo, the leading insurance broker and risk management provider in Central and Eastern Europe, has announced to transfer its operation in Russia to the local management.
The conflict between Russia and Ukraine and the threat of heavy sanctions to be imposed by the Western world as consequence of Russian military action, have brought the topic of financial sanctions and the position of insurance again into the focus of consideration.
Specialist insurance broker GrECo acquires 100% of MAI CEE Ltd., a major risk, insurance and employee benefits consultant in CEE.
Pawel Kowalewski, renowned expert in the energy sector, will develop power & renewables solutions.
GrECo Ukraine, together with insurance partner ARX Ukraine have launched the pilot project for the Affinity parametric insurance solution for Corteva Agriscience customers.
Maksym Shylov, long-standing expert in agricultural insurance, established as Group Practice Leader.
Alma Ribanović, leading expert for affinity solutions takes over development of the division in Austria and Eastern Europe.
GrECo Group, the leading risk and insurance consultant in CEE, acquires 80 % of UADBB Sagauta, no. 2 insurance broker in Lithuania.
Petra Steininger
Head of Group Communications
T +43 5 04 04 – 175