HARL · Harel Insurance Investments & Financial Services Ltd.

Description

Harel Insurance Investments & Financial Services Ltd. operates as a holding company which engages in the insurance and financial services fields. It operates through the following segments: Life Insurance and Savings, Health Insurance, Non-life Insurance, Pension Insurance, Insurance Companies Overseas, Credit, and Financial Services. The Life Insurance and Savings segment includes various types of life insurance policies and insurance coverage. The Health Insurance segment focuses on insurance activities in the illness and hospitalization branches, personal accident, long-term care, foreign workers, travel insurance and dental insurance. The Non-life Insurance segment consists of the motor property, compulsory motor, other liability, and property and other branches sub-segments. The Pension Insurance segment comprises of the management of pension funds and provident funds. The Insurance Companies Overseas consists of the activities of Interasco and Turk Nippon. The Credit segment focuses on the business management and credit for medium businesses, mortgages, reverse mortgages, and project finance for development property. The Financial Services segment refers to the management of funds and investments through its subsidiary. The company was founded by Ernst Hamburger and Margot Hamburger in 1935 and is headquartered in Ramat Gan, Israel.