Top Companies in Israel Life & Non-Life Insurance Market
This report lists the top Israel Life & Non-Life Insurance companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Israel Life & Non-Life Insurance industry.
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Harel Insurance Investments & Finance Services
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The Phoenix
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Menora Mivtachim
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Clal Insurance Enterprises
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Direct Insurance
*Disclaimer: Top companies sorted in no particular order
Israel Life & Non-Life Insurance Market Concentration
Israel Life & Non-Life Insurance Company List
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Harel Insurance Investments & Finance Services
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The Phoenix
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Menora Mivtachim
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Clal Insurance Enterprises
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Direct Insurance
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Hachshara Insurance Company
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Migdal Holdings
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Ayalon Holdings
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Shlomo Insurance Company
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Shirbit
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Bituach Haklai*
Specific to Israel Life & Non-Life Insurance Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
Israel Life & Non-Life Insurance Market Companies Summary
The global health and economic crisis caused by the COVID-19 pandemic is expected to impact insurance firms. These businesses are likely to encounter changes in the demand for insurance policies and claims experience, as well as impacts on the value of the assets they hold to meet their obligations to policyholders. In response to this, the Israeli insurance regulator has introduced measures to increase transparency in insurance products. These measures include the requirement for insurers to disclose monthly information regarding insurance programs and any updates to rates. The regulator has also set out to increase competition between firms by reducing the capital requirement for digital insurers. The Israeli insurance market is expected to remain highly competitive, leading to the development of innovative new products and an increase in sales of direct insurance. The growth of insurtech in Israel is also noteworthy, with insurance firms exploring ways to digitalize various aspects of their operations. This includes the sale of policies, underwriting information, and handling of claims. Due to the increasing competition, digital search engines are being used to compare the terms and costs of insurance offered by competing firms, providing consumers with tools to find the most suitable insurance. The fintech sector in Israel has also seen significant growth, with a number of firms raising substantial funding. The public markets have also seen a number of fintech firms going public through IPO mergers.
Explore MoreIsrael Life & Non-Life Insurance Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Market Concentration
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1.2 Company Profiles
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1.2.1 Harel Insurance Investments & Finance Services
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1.2.2 The Phoenix
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1.2.3 Menora Mivtachim
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1.2.4 Clal Insurance Enterprises
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1.2.5 Direct Insurance
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1.2.6 Hachshara Insurance Company
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1.2.7 Migdal Holdings
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1.2.8 Ayalon Holdings
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1.2.9 Shlomo Insurance Company
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1.2.10 Shirbit
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1.2.11 Bituach Haklai*
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- *List Not Exhaustive
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Israel Life & Non-Life Insurance Companies FAQs
Who are the key players in Israel Life & Non-Life Insurance Market?
Harel Insurance Investments & Finance Services, The Phoenix, Menora Mivtachim, Clal Insurance Enterprises and Direct Insurance are the major companies operating in the Israel Life & Non-Life Insurance Market.