Industry Insights
Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.
The shipping accident in the Suez Canal has far-reaching consequences for supply chains. Ultimately, this also pushes transport insurance to its limits.
Events can lead to business interruptions and production shutdowns without causing any property damage. This is a difficult risk management starting point.
Since the outbreak of the Corona pandemic two years ago, disrupted supply chains have threatened the existence of many companies.
The EVER GIVEN shipping disaster at the Suez Canal has affected the entire world economy. An analysis by Prof. Sebastian Kummer illustrates the damage in its entirety
Over the past 20 years, spring frost events have become increasingly destructive to the fruit and berry production in the CEE region
Since the start of the war in Ukraine, fears of cyber-attacks due to parallel hybrid war are increasing. In this article we explain how the insurance industry is reacting and how the war clause affects conditions.
The war in Ukraine and economic sanctions against Russia have so far had a drastic impact on the insurance industry.
Even if the “passive war risk” is covered: the crucial question is whether insurance claims can be made locally in an area touched by war and which service can be provided by the insurer.
The dangers of war and strike are excluded in the “all risks” coverage, but they are usually included in the individual policies with additional clauses.
Company News
Read about new developments, initiatives and business decisions in the GrECo Group.
We are delighted to announce that GrECo’s Estonian subsidiary, IIZI Group has recently started a new cooperation with Estonian financial technology service provider, HOOVI Rntal OÜ.
The impacts, risks, and opportunities we’ve identified are presented without considering the positive or mitigating effects of actions that GrECo has already implemented.
The insurance guarantees Bregenzer Festspiele’s customers a full refund for the ticket price should they be unable to attend the event.
Germinas Dauksa, our Group Practice Leader Transport and Logistics, caught up with Kiril Petrov who leads Transport and Logistics insurance in GrECo Bulgaria.
The Annual report focuses on different aspects of our company and highlights our risk-based approach.
We developed Empowering Excellence @ GrECo as a cross-border programme capitalising on the vast knowledge and skill sets of our existing workforce.
In this interview Ante Banovac discusses the company’s commitment to employ the very best talents, their recent people investments in GrECo CZ, and the benefits of working with them.
Headquartered in İstanbul, the team at GrECo Türkiye is committed to a client-centric service approach and specialises in sectors such as Health & Benefits, Property, Financial Institutions & Financial Lines, Liabilities, Transportation & Logistics, and Energy.
One of the teams that we are proud of is our Financial Lines group. Each of its members has a different story about how they got into insurance, what they value about the industry and what was their childhood ambitions.
Petra Steininger
Head of Group Communications
T +43 5 04 04 – 175