Industry Insights
Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.
It is imperative for Directors to ensure that their company has the suitable insurance coverage; otherwise, they may face personal accountability, potentially resulting in a D&O claim. In these scenarios, the Directors’ responsibility aligns with other cases, as do the ensuing consequences.
By providing adequate and appropriate mental health support for their employees, employers can not only improve the well-being and happiness of their workforce, but also enhance their competitive advantage and reputation in the market.
Walid Nehme from Associated Alliance Holdings, our GrECo nova partner in the Middle East, met with Natalia Zaborovska at GrECo Group to discuss the opportunities and challenges of operating in this volatile and unpredictable region.
Even the factory who strictly follows food safety standards can fall victim to product contamination.
Parametric insurance is not here to replace traditional insurance solutions. On the contrary, it is here to complement them and fill gaps that traditional insurance offerings are failing to do (e.g. deductibles, exclusions etc.).
In a world in which new uncertainties are part of the “new normal”, megatrends can provide security, as they indicate long-term changes in the business environment.
From the options available today, hydrogen is a promising alternative to fossil fuels with some companies, such as Wien Energie, already convinced of its benefits realising projects to test it as an alternative energy source.
The transformation of the Donaustadt power plant is not only a trailblazer for other companies, but also a clear signal that sustainable energy generation is the future.
Addressing physical climate risks is not just a regulatory requirement; it is a strategic imperative for businesses.
Company News
Read about new developments, initiatives and business decisions in the GrECo Group.
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.
For many years we have been refraining from giving Christmas presents to our clients and partners and instead are supporting projects within our GrECo Foundation.
“My motivation is to find and develop new talents, create excellent teams and implement new ways of doing things, being the trendsetter in risk management and consultancy to help the customers protect and mitigate business risk and continuity. ” – interview with Vladimír John, our new Head of strategic partnership & business development in Czech Republic.
” Effective market development often requires a deep understanding of the region’s specific dynamics and the ability to tailor strategies accordingly ” – interview with Irma Ibrahimpasic-Hadzic, our new Group Market Developer.
Today, GrECo Bulgaria is one of the fastest-growing risk advisors and insurance brokers in the country and enjoys a strong presence in the market.
Petra Steininger
Head of Group Communications
T +43 5 04 04 – 175