Our mission is to provide comprehensive and personalised transport and logistics insurance solutions to our clients, ensuring the safety and security of their businesses.
GrECo Group is committed to building a culture of knowledge-sharing across the organisation. We aim to strengthen our relationships with clients throughout the region by developing specialised practices and capabilities at group level. In this context, the Transportation and Logistics practice focuses on expanding our presence in the logistics industry. By doing so, we hope to continue providing our clients with the best possible service while expanding our reach and impact in the logistics industry.
If money is the fuel that drives the economy, then logistics is the engine that propels it forward. The COVID-19 pandemic has demonstrated that we cannot survive without the transportation of goods. In fact, logistics accounts for approximately 8.4% of the Gross Domestic Product (GDP) in the Central and Eastern European (CEE) region, which is a substantial percentage.
We collaborate with logistics companies to provide personalised solutions that ensure the safety and continuity of their operations. We develop insurance cover that goes beyond just convenient transportation insurance. In recent years, the transport industry’s journey has been like a roller coaster ride, with unexpected ups and downs. Our custom-tailored insurance solutions aim to reduce the risks posed by current challenges such as driver shortages, economic difficulties faced by shippers, inflation, mobile packages, and more.
At the heart of our approach is our extensive experience of handling over 10,000 cargo liability claims annually. This experience has taught us valuable lessons about logistics companies’ unique risks and challenges. We have used this knowledge to create customised wordings that help our clients confidently navigate the transport industry’s complex landscape.
Our transport and logistics practice provides bespoke solutions for specific industries, including:
Our mission is to provide comprehensive and personalised transport and logistics insurance solutions to our clients, ensuring the safety and security of their businesses.
Testimonials from clients
Kurbads, known for their work with exclusive luxury cars, provides vehicle transportation in Europe, Scandinavia, Baltic States, and the CIS, was founded in Riga, Latvia in 1993. The company offers a full range of services including transport services, pre-sale preparation, broker and customs warehouse services, car storage and local transportation.
Legal advisor, Member of the Board
Kurbads un Ko, SIA
GrECo has proven itself to be a reliable cooperation partner, that is able to produce professional results while adhering to rigid deadlines. GrECo’s experts have helped us when issues arise on the road and solutions are needed promptly. We value GrECo’s extensive expertise in the transport and logistics sectors, their effective claims handling procedures as well as ability to cut costs.
Based in Vilnius Lithuania, Girteka started in 1996 with three employees, one MAN truck and operated out of a small office in Vilnius, Lithuania. Today, with responsible logistics at its core, Girteka is Europe’s leading asset-based road freight transportation company, with 10,000 trucks delivering more than 614,000 full truck loads (FTL) annually.
Partnering with GrECo cultivates a strong sense of trust and collaboration, which is essential in today’s business environment. Their expertise in insurance within the logistics industry allows them to provide customized solutions that align with our needs. The dedication to excellence displayed by GrECo is evident in their responsive customer service and the outcomes we have accomplished.
Chief Financial Officer
Girteka Group
Founded in 2002 RUVEN TRANS Ltd. is the largest car transporter in Bulgaria, transporting cars and vans within Europe, Turkey and the Middle East. Over the last few years, the company has focused on continuous fleet modernisation and the recruitment of dedicated, experienced, and qualified drivers.
Owner and General Manager
Ruven trans EOOD
GrECo has been an important partner in enhancing our risk management strategies. Their deep understanding of the transport and logistics sector and ability to provide tailored solutions have significantly reduced our exposure to unforeseen events. Their dedicated team is always on hand, offering expert advice and quick support whenever we need it, which has been key in securing our operations.
Gediminas Dauksa
Group Practice Leader Transportation & Logistics
T +370 616 08451
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