Harel Insurance & Finance

Harel Insurance & Finance

Harel Insurance & Finance is a leading insurance and finance group in Israel, managing assets over NIS 250 billion as of March 31, 2019. Established in 1935 by Ernst and Margot Hamburger, the company has evolved into one of Israel’s largest insurance groups, offering a wide range of financial and insurance solutions including health, life, business, and motor insurance as well as investment services such as pension and mutual funds.

In 2015, Harel embarked on a digital transformation strategy aimed at providing simpler, faster, and more personalized service to its agents and customers. This involved digitizing processes and leveraging data to enhance the speed and quality of service as well as expanding the use of analytics.

Harel insures the Israeli branches of numerous multinational corporations and has established partnerships with large insurance conglomerates including Zurich, Allianz, AXA, and Royal & Sun Alliance.

Despite being a publicly traded company with over 5,000 employees, Harel retains its traditional family values, emphasizing personalized service and reliability.