Industry Insights
Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.
Disruption in the insurance industry is seen more than in others and while for some this is an opportunity, for others it is a difficulty and threat.
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.
Especially in difficult economic times, the risk of credit default plays an explosive role.
ompanies are too often too trusting towards their clients, regardless of them being domestic or of foreign origin, potential or existing ones. Indeed, the importance of receivables management in companies has increased and checking your buyer’s credit worthiness has become a daily practice. Still, we have to take into consideration the age and the availability of the data such an assessment is based on – the actual situation may be significantly different.
Traditional B2B and B2C companies are increasingly working together and are increasingly building a new B2B2C business (Business to Business to Customer). “Affinity” is the buzzword of the hour.
No pension cuts as a result of losses in securities investments, but a guaranteed secure retirement provision in times of crisis: classic life insurance is back in high demand. Triggered by the Corona crisis, it is experiencing a new upswing as a form of retirement provision.
Companies in the 21st century face the great challenge to advance digitization. This means to increase efficiency, reduce costs and deploy new, innovative IT-products and –services that also enhance cyber security.
Maksym Shylov, long-standing expert in agricultural insurance, established as Group Practice Leader.
An IT-controlled risk assessment & monitoring tool from GrECo ensures the transparent depiction as well as the management and monitoring of operational location risks. This is increasingly important for property and business interruption insurances.
Company News
Read about new developments, initiatives and business decisions in the GrECo Group.
In April 2023, we greet in our portfolio the company Extreme Vital, one of a largest specialized bike shop in Slovenia
In 2022, GrECo boosted revenues despite a very challenging trading environment.
We are excited to announce the release of the 2nd Horizon Risk Thought » Fast Forward publication!
We celebrate the International Women’s Day 2023 with the start of our series GrECo Women´s Voices. We invited our colleagues to share their thoughts, challenges and aspirations.
Danijela Jurcic joins GrECo Health & Benefits in Croatia, further reinforcing the wider group strategy to become the employer of choice across the Central, Eastern and Southeastern Europe (CESEE) region.
The Czech insurance broker and risk management advisor announced changes in the personal composition of the Board of Management. The board division Sales & Service Delivery has been taken over by Radovan Škultéty. Petr Poděbradský will continue to head the second board department for Finance & Administration.
Preslava Gencheva joins Adam Riley to further build the Health & Benefits business across the Central, Eastern and Southeastern Europe (CESEE) region.
GrECo Specialty has appointed a new Group Practice Leader for its Transportation and Logistics Specialty.
Georg Winter offers some insights into his vision for GrECo. Interview was originally published in Lockton Global Partners Magazine.
Petra Steininger
Head of Group Communications
T +43 5 04 04 – 175