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.
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.
“Despite the growth of the company, the focus on the customer has never been lost and is still the center of attention” – interview with Paul Spittau, our new Head of Group Carrier Relations & Insurance Mediation.
In the beginning of July 2023, we greet in our portfolio the company Hervis Slovenija and Croatia, one of a largest sports shop in Slovenia
GrECo’s sustainability strategy comprises a holistic and systematic approach, focusing on involving all stakeholders and raising awareness among employees.
The Annual report focuses on different aspects of our company and highlights our risk-based approach.
Our ESG strategy is an essential part of our corporate strategy. It reflects our vision, mission and values. Moreover, it highlights the importance of taking a forward-thinking sustainable approach.
Petra Steininger
Head of Group Communications
T +43 5 04 04 – 175