km credit consulting and GrECo to cooperate
Hünxe/Vienna (ecc). km credit consulting GmbH, a leading specialist broker for credit management, is now joining forces with the Austrian broker GrECo to advise multinational clients on the development of credit management in the Austrian market. GrECo thus becomes a co-member of the international credit management alliance ICBA and gains access to the worldwide expertise of the leading credit insurance specialists.
km credit consulting GmbH is a company that designs and supports multinational credit insurance programs and financing solutions. Since 2020, it has been part of the Ecclesia Group, the largest German insurance broker for corporations and institutions, and is part of the Ecclesia Credit brand. The Ecclesia Group in turn holds a 13.33 percent stake in the family-owned GrECo.
"Especially in these economically challenging times, strong 'family' ties are of tremendous importance in order to continue to actively drive development in credit insurance and receivables management," emphasizes Friedrich Neubrand, CEO of the GrECo Group. In cooperation with the km credit consulting team, GrECo can further intensify its strengths in this field for its globally active clients. This partnership provides the GrECo Group with significant benefits for its international clientele.
GrECo and km credit consulting team up with the most important providers of del credere solutions; km credit consulting is also a partner of the International Credit Brokers Alliance ICBA. "This world-leading network of specialists enables us to advise clients in more than 60 countries with a central management, tailored to the client's needs," explains Lisbeth Lorenz, Group Practice Leader for Credit, Political Risks & Surety at GrECo. "We are pleased that with our services we can broaden the spectrum for internationally active Austrian companies in matters of credit management," adds Markus Moritz, Managing Director of km credit consulting.
In line with its own specialization strategy, GrECo focuses on the individual needs of different industries and provides clients with tailor-made solutions and a unique team of specialists. This includes seven experts for credit insurance in Vienna. Together with km credit consulting, they will now develop and implement coverage concepts for Austria's leading industrial companies that are geared to the individual credit management strategies of globally active companies.
GrECo is the leading Austrian risk and insurance manager for industry, trade and the public sector and is represented by its own branch office in every federal state. The decentralized location policy and the associated personal proximity to the clients are a key element of the comprehensive service and a major advantage over other brokers. The independent, family-operated company is headquartered in Vienna and employs approximately 1,000 people, about 360 of whom work in Austria.
About km credit consulting
Since its founding in 2009, km credit consulting GmbH and its 23 employees have focused on providing global support to large multinational corporations that rely on the expertise of a specialist broker and advisor in the areas of hedging, financing and self-management of supplier credit. km credit consulting has been part of the Ecclesia Group since 2020. The Group combines its credit management services under the Ecclesia Credit brand. This is the name under which the approximately 70 credit experts of the group companies km credit consulting, CFG Finance Gruppe, deas Deutsche Assekuranzmakler and SCHUNCK GROUP are active.
The International Credit Brokers Alliance is an association of specialist credit brokers in more than 60 countries and is represented by more than 600 broker experts. Founded in 1999, this alliance of specialist brokers works with exclusive representatives to ensure support for foreign subsidiaries, guarantee excellent service quality and provide access to the global insurance market.
With more than 2,000 employees and an annual premium volume of 2.4 billion Euro, the Ecclesia Group is Germany's largest insurance broker for corporations and institutions. The Group includes leading brokers for industry and commerce, logistics, credit insurance/financing, healthcare, social services, the church, as well as underwriting agencies and a reinsurance broker. The spectrum of customer relationships ranges from listed large corporations to medium-sized businesses to large clinics and church institutions. The Group is headquartered in Detmold and has a nationwide presence in Germany. In addition, the Ecclesia Group operates own companies in six other European countries and is active in more than 170 countries worldwide via the ECCLESIA GLOBAL NETWORK.
For further information please contact:
Press Spokesman Ecclesia Group