Last updated 2026-08-20
- Acquired Max for $687M, Mar 2023
- Acquired Max IT Finance for $687M, Mar 2023
- Acquired Leumi Card
Total raised
—
Stage
Public
Founded
1962
Headcount
4,440
HQ
Tel Aviv, Israel
Sector
Financial Services
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.
Acquisitions · 3
Mar 2023
Max
$687.0M
Mar 2023
Max IT Finance
$687.0M
Date unknown
Leumi Card
Undisclosed
Headcount over time
4,440 employees (2026-09) · 1 point
Offices
Tel Aviv, Israel · HQ / main office
Q&A
- What is Clal Insurance and Finance's primary business?
- Clal Insurance and Finance is one of Israel's leading insurance and financial services groups, offering a wide range of insurance, pension, provident, and credit card solutions.
- When was Clal Insurance and Finance founded?
- Clal Insurance and Finance was founded in 1962.
- How many employees does Clal Insurance and Finance have?
- Clal Insurance and Finance has over 500 employees.
- What was Clal Insurance and Finance's most significant acquisition?
- In March 2023, Clal Insurance and Finance acquired Max and Max IT Finance for $687 million, expanding into the credit card industry.
- Which company did Clal Insurance and Finance invest in during March 2026?
- In March 2026, Clal Insurance and Finance invested $175 million in Aura Investment Group.
- What was Clal Insurance and Finance's investment in Anthropic?
- In September 2025, Clal Insurance and Finance invested $55 million in Anthropic.
- What was Clal Insurance and Finance's investment in Harel Insurance Investments and Financial Services?
- In July 2025, Clal Insurance and Finance invested $55 million in Harel Insurance Investments and Financial Services.
- What was Clal Insurance and Finance's investment in Israel Canada's 'Vertical' Project?
- In April 2024, Clal Insurance and Finance invested $43 million in Israel Canada's 'Vertical' Project.
- Who is the current CEO of Clal Insurance and Finance?
- Yoram Naveh serves as the CEO of Clal Insurance and Finance.
Team · 16
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
Galli Schved
Executive VP, Director of Marketing and Strategy
Liat Strauss
Executive VP, Service and Operations Unit Manager
Avi Ben Noon
Executive VP, Chief Risk Officer
Dror Sessler
Executive VP, Claims Unit Manager
Izik Or
CEO, CLAL Credit Insurance Ltd.
Eti Benano
CPA, CFO, CLAL Credit Insurance Ltd.
Nir Ovadya
Chief Investment Officer of Life Insurance, Pension & Provident Funds
Dori Zarmi
Deputy Chief Investment Officer of Life Insurance, Pension & Provident Funds
Barak Benski
CEO
Yonatan Yitzchaki
Independent Board Member
Sectors & technology
Primary sector
Financial Services
Target customers
Business model
B2CB2B
Tags
insurancefinancial-servicespension-fundsprovident-fundscredit-cardsasset-management
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | clalbit.co.il/ |
|---|
Identifiers & details
| Legal name | Clal Insurance Enterprises Holdings Ltd. |
|---|---|
| Founded | 1962 |
| Employees (exact) | 4440 |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| Max | 2023-03 | $687.0M |
| Max IT Finance | 2023-03 | $687.0M |
| Leumi Card |
Radar intelligence
Web history (Wayback)
| Domain | clalbit.co.il |
|---|
Certificate / subdomain footprint
| Subdomains | 65 |
|---|