Financial Services
47
2016
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DUN’S
100
DUN’S
100
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2015
DUN’S
100
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2016
2016
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DUN’S
100
2
Insurance Companies
RANK
Clal Insurance Enterprise Holdings Ltd.
C
lal Insurance Enterprise Holdings is part
of IDB Development Group, which holds
about 55%of its shares (Through a trust-
ee appointed by the Supervisor of Insurance).
Bank Hapoalim holds 10% and the balance of
the shares is held by the public and traded on
the Tel Aviv Stock Exchange (TASE).
The Group’s market share in terms of gross pre-
miums earned is about 16.7% of the insurance
market, and assets managed by the company
total about NIS 168 billion (as of the end of Dec.
2015).
Clal Insurance is rated ilAA+ by Standard & Poor’s
Ma’alot.
The Group owns insurance agencies, pension
funds, provident funds, study funds and credit
provision companies. The Group employs about
4,200 workers, and working together with about
1,800 insurance agents. All these make Clal In-
surance one of Israel’s leading insurance and
long-term savings groups.
Long-Term Savings
The Life Insurance and Long-Term Savings Divi-
sion provides private and business clients in
all sectors of the economy with comprehensive
solutions.
Clal Insurance Group share in terms of managed
assets is 14.8%of Israel’s long-termsavingsmar-
ket, as defined by the Supervisor of Insurance.
The Group’s pension fundsmanage assets worth
more thanNIS48 billion overall for 690,000mem-
bers, and provident funds manage assets worth
about NIS 35 billion (as of the end of 2015).
As part of profit sharing life insurance activities,
the Group holds a market share of 21% in asset
terms, with the overall amount of annual premi-
ums totaling about NIS 5 billion (in 2015).
Clal takes full responsibility for the management
of itsmembers’ funds and they enjoy some of the
highest returns in the Israeli market, and the full
confidence that their money is being managed
by a large, leading and professional organization
in this field.
General Insurance
Clal Insurance Group is one of the leaders in Is-
rael’s general insurance sector, with total annual
premiums of about NIS 2.5 billion (in 2015). The
company offers a broad spectrum of insurance
plans to individuals and businesses in the ve-
hicles, homes, property and other sectors, with
major professionalism, and expertise, while
understanding the unique needs of its range of
clients.
Health Insurance
Clal Insurance Group’s Health Division won in
the insurance and finance reporters and “Adif”
rankings as the “best health insurance company
in Israel for 2015”. The divisionmanages annual
premiums of about NIS 1.7 billion (in 2015). The
company offers a broad spectrum of insurance
plans to its clients, including; nursing-care insur-
ance, travel insurance, and more. The variety of
private health insurance offered by the company
allows the policyholders to choose the cover-
age to meets their needs, correctly priced with
professional assistance, while understanding
the trends and changes in the industry and in
accordance with them.
Investments
Kanaf, which is the Group’s investments arm,
manages assets totaling NIS 168 billion (as
of the end of Dec. 2015), including members’
money in pension funds, provident funds, and
life insurance policy funds, as well as the Clal
Group’s equity and insurance reserves.
Service and Innovation
Clal Insurance in at the forefront of technology
leading a service revolution that is based on in-
novative digital tools that allow providing online
information, whenever and wherever. As part of
this approach, the company launched the “Di-
rect Agent” website, a revolutionary, digital sales
platform, which allows clients to purchase insur-
ance at a direct price and receive professional
quality service from a personal insurance agent.
Clal enables its clients to enjoy a fast service
experience with the company’s Facebook page
and chat with a representative, without waiting.
The company’s website enables clients to view
their personal file, get all the information on their
accounts and carry out any action they want.
Esta b l i s h e d
1987
L i n e o f B u s i ness
Insurance and Long Term Savings including
Non-Life Insurance, Health Insurance, Life
Insurance, Pension and Provident Funds
Products, for Private Clients, Companies and
Businesses
Tower 8, 36 Raoul Wallenberg St., Kiryat
Atidim, P.O.B. 37070, Tel Aviv 6136902
Tel:
972-3-6387777
Fax:
972-3-6387676
service@clal-ins.co.il www.clal.co.ilIzzy Cohen
Chief Executive Officer
Dani Naveh
Chairman of the Board