Harel Group
#2667
Rank
$5.97B
Marketcap
Israel
Country
Mr. Michel Siboni (Chief Exec. Officer)
Mr. Sami Babecov (VP & Director of Investments)
Mr. Alon Eliraz (Deputy CEO of Harel Insurance & Mang. of Health and Life Insurance Division of Harel Insurance)
Summary
History
In 1935, Ernst and Margot Hamburger, German Jews who moved to Tel Aviv at the time of the British Mandate of Palestine founded HaMishmar, a small insurance agency.
In 1975, the family established their first insurance company "Harel". In 1982 Harel Insurance and Finances , was established and the ownership of Harel and Hamishmar were transferred to its ownership. The same year, the company had an initial public offering on the Tel Aviv Stock Exchange.During the 1980s and 1990s the company acquired a number of other insurance companies in Israel and consolidated its position to become Israel's third largest insurance group. During the 2000s the company expanded its activities and entered the pension and mutual funds markets.In 2007, the name of the company was changed to "Harel Insurance Investments and Financial Services Ltd.".
In 2008 Harel Group established the Israel Infrastructure Fund together with Yehuda Raveh and Yaron Kestenbaum, which invests in and manages infrastructure projects in the fields of water, energy and transportation .In December 2009 Harel acquired EMI, an Israeli mortgage unit of AIG – American International Group for $35.5m.
Mission
Vision
Key Team
Mr. Nir Cohen (Chief Exec. Officer of Harel Insurance Company Ltd)
Mr. Aryhe Yaakov Peretz CPA (CFO, Deputy CEO of Harel Insurance, Exec. VP & Head of Fin. and Resources)
Ms. Nataly Mishan-Zakai (Gen. Counsel & Deputy CEO of Harel Insurance)
Mr. Sammy Bassat (Deputy CEO & Mang. of Investments Division of Harel Insurance)
Mr. Uri Schor (CEO of Harel Financial Products Ltd, CEO of Harel Sal Ltd and CEO of Harel Sal Currencies Ltd)
Mr. Tal Kedem (Chief Exec. Officer of Harel Fin. Holdings Ltd.)
Recognition and Awards
References
Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.
Mr. Michel Siboni (Chief Exec. Officer)
Mr. Sami Babecov (VP & Director of Investments)
Mr. Alon Eliraz (Deputy CEO of Harel Insurance & Mang. of Health and Life Insurance Division of Harel Insurance)