Industry Insights
Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.
Parametric insurance has been around since 1990s although the reinsurance industry has been using the parametric structures with catastrophe bonds for more than 30 years
With the target of making Europe climate-neutral by 2050 the European Union is publishing some regulations with direct impact on the products of the financial market.
While we’re all still dealing with the effects of the COVID-19 crisis, the next shutdown could be just around the corner. Experts predict that a so-called blackout will occur within the next five years.
New cyber threats are evolving almost every day along with insurance concepts.
Cyber criminality can take on a number of forms – but one aspect always remains constant: the criminal energy of the attackers!
Number of successful cyber attacks is on the rise, which is also due to the increasingly sophisticated methods and the more aggressive behaviour of the attackers.
The prediction that companies are affected by cyber attacks worldwide every 14 seconds was made in 2017. However, the actual intervals were a lot shorter in October 2019.
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