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.
In 2023, GrECo boosted revenues whilst focusing on implementing our corporate strategy.
The Associated Alliance collaboration with GrECo strengthens our ability to provide comprehensive solutions to our clients’ insurance, risk management, and employee benefits needs in the Middle East.
We are excited to announce the release of the 3rd Horizon Risk Thought » Fast Forward publication!
Our heterogeneous workforce is international and comprises men and women from different generations, professions and educational backgrounds.
With the new embedded insurance solution, all Viena saskaita customers are now insured with Payment Protection Insurance.
“While sales and acquisitions are inherently exciting, they require a clear strategy and methodology, coupled with patience due to potentially long buying cycles. The challenge lies in maintaining patience throughout the process.” – interview with Preslava Gencheva, new Strategic Sales Manager at GrECo Specialty.
“After five years of working in our Group, I would say that our people and our culture make GrECo a unique place to work. One is surrounded by experts and the best talent in the risk and insurance industry gives everybody the feeling that nothing is impossible.” – interview with Markus Neubrand, our new Head of Mergers & Acquisitions.
“We see the enormous growth potential of Health & Benefits in our region, and we aim to strengthen our value proposition in that area. ” – interview with Ewelina Jaworska-Bien, our new Health & Benefits Group Practice Leader.
With our client survey on the various environmental, social and governance topics, we wanted to find out where companies currently stand on ESG.
Petra Steininger
Head of Group Communications
T +43 5 04 04 – 175