Latest News & Insights
Industry Insights
Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.
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.
EU sanctions prohibit any direct or indirect economic interactions (prohibition of payment and provision of services) with listed persons, as well as with all companies in which a listed legal entity or natural person has an ownership interest of 50% or more.
Company News
Read about new developments, initiatives and business decisions in the GrECo Group.
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.
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.
Petra Steininger
Head of Group Communications
T +43 664 548 55 58
