Clal Insurance

Israel · Insurance

Clal Insurance & Finance is a prominent player in Israel's insurance and long-term savings sector, operating under the Clal Group. The company offers a wide range of services, including long-term savings products like life insurance, pensions, and provident funds, as well as health insurance plans and property and casualty insurance. Clal manages significant assets, with NIS 137 billion in pension funds and NIS 60 billion in provident funds, serving over a million members. In addition to traditional insurance offerings, Clal is involved in credit insurance and has expanded into the credit card industry. Unique among its peers, the company also provides mortgage services. Clal Insurance & Finance has a strong market presence, holding a 21% share in life insurance premiums and managing assets exceeding NIS 332 billion. With a workforce of nearly 4,500 employees, the company continues to serve a diverse customer base across Israel, supported by a network of around 10,000 independent insurance brokers.