Industry Insights
Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.
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.
Especially in difficult economic times, the risk of credit default plays an explosive role.
ompanies are too often too trusting towards their clients, regardless of them being domestic or of foreign origin, potential or existing ones. Indeed, the importance of receivables management in companies has increased and checking your buyer’s credit worthiness has become a daily practice. Still, we have to take into consideration the age and the availability of the data such an assessment is based on – the actual situation may be significantly different.
Traditional B2B and B2C companies are increasingly working together and are increasingly building a new B2B2C business (Business to Business to Customer). “Affinity” is the buzzword of the hour.
No pension cuts as a result of losses in securities investments, but a guaranteed secure retirement provision in times of crisis: classic life insurance is back in high demand. Triggered by the Corona crisis, it is experiencing a new upswing as a form of retirement provision.
Companies in the 21st century face the great challenge to advance digitization. This means to increase efficiency, reduce costs and deploy new, innovative IT-products and –services that also enhance cyber security.
Maksym Shylov, long-standing expert in agricultural insurance, established as Group Practice Leader.
An IT-controlled risk assessment & monitoring tool from GrECo ensures the transparent depiction as well as the management and monitoring of operational location risks. This is increasingly important for property and business interruption insurances.
Andreas Schmitt, new member of the board of GrECo, talks about the advantages and disadvantages of international insurance programmes and why it is important to focus on the needs of clients.
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