Clal Insurance and Finance

One of Israel's leading insurance and financial services groups, offering a wide range of insurance, pension, provident, and credit card solutions.

Fintech & Insurtech
Active
Public Tel Aviv, Israel Founded 1962
Website ↗
Last updated 2026-08-17
Total raised
Stage
Public
Founded
1962
Headcount
500+
HQ
Tel Aviv, Israel
Sector
Fintech & Insurtech

About

Clal Insurance and Finance is a prominent Israeli insurance and financial services group. It provides comprehensive solutions in long-term savings, including life insurance, pensions, provident funds, and financial savings. The company also offers general insurance (car, home, property) and health insurance. Since 2023, Clal has expanded into the credit card industry through its acquisition of Max. Clal manages a substantial volume of assets and is publicly traded on the Tel Aviv Stock Exchange.

Team · 15

Yoram Naveh
CEO
Eldad Eran
Executive VP, Head of Health Insurance Division
Elite Caspi
Executive VP, Head of Non-Life Insurance Division
Dror Biran
Executive VP, General Counsel
Moshe Ernst
Executive VP, Head of Long-Term Savings Division
Shlomo Tamman
Executive VP, Business Unit Manager
Avi Ben Noon
Chief Risk Officer; Executive Vice President
Hadar Brin Weiss
Executive Vice President; General Counsel
Barak Benski
Deputy CEO, Head of Investment Division
Haim Samet
Chairman of the Board
Schwartz Shmuel
External Director, Chairman of the Financial Statements Committee
Bar-Touv Yair
External Director, Chairman of the Compensation Committee
Granot David
Member of the Financial Statements Committee
Abramovich (Muky) Moshe
Independent Director, Member of the Financial Statements Committee and Compensation Committee
Yonatan Yitzchaki
Independent Board Member

Sectors & technology

Primary sector
Fintech & Insurtech
Target customers

Tags

insurancefinancial-servicespension-fundsprovident-fundscredit-cardsasset-management
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External links

Websiteclalbit.co.il/

Identifiers & details

Legal nameClal Insurance Enterprises Holdings Ltd.
Founded1962
Employees (exact)4440

Acquisitions & public offerings

AcquiredDateAmount
Max2023-03$687.0M
Max IT Finance2023-03$687.0M
Leumi Card