GrECo Group Specialist Insurance and Risk Management News and Insights

Latest News & Insights

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.

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