GrECo Group Specialist Insurance and Risk Management News and Insights

Latest News & Insights

Industry Insights

Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.

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.
Andreas Schmitt, new member of the board of GrECo, talks about the advantages and disadvantages of international insurance programmes and why it is important to focus on the needs of clients.

Company News

Read about new developments, initiatives and business decisions in the GrECo Group.

The Chamber of Insurance Brokers of Lithuania has announced a new Security Contribution Law, introducing obligations for foreign insurers operating in Lithuania.
The discussions featured contributions from GrECo Croatia’s leadership and international specialists, reinforcing GrECo’s commitment to turning risks into opportunities.
GrECo Group is proud to announce that it has been recognised as the “Best Partner of MOI Insurance Broker LLP”, a prestigious accolade awarded during MOI’s 20th anniversary celebration.
We are excited to announce the release of the 5th Horizon Risk Thought » Fast Forward publication!
The new marine entity will operate as a Marine Specialty Branch under GrECo Specialty GmbH.
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.
We’re happy to introduce the GrECo Risk & Insurance Navigator; our new report for navigating today’s complex risk landscape.
Strategic acquisition strengthens GrECo’s position in Slovenia and enhances service capabilities in key industries
Iute Macedonia – part of the Estonian Iute group, launched the first fully digital insurance brokerage service in cooperation with Uniqa Life, Allianz Partners and GrECo Macedonia

Petra Steininger

Head of Group Communications

T +43 5 04 04 – 175