What are the major insurance companies in Israel?
Israel's insurance and financial services sector is anchored by several large-scale domestic institutions that provide comprehensive coverage spanning life insurance, property and casualty lines, and health policies. Prominent domestic market leaders include Harel Insurance Investments and Financial Services, Migdal Insurance and Financial Holdings, Clal Insurance Enterprises Holdings, Phoenix Holdings, and Menora Mivtachim Holdings. These major groups manage billions of dollars in assets, offering vital institutional underwriting, pension administration, and retail coverage options to millions of policyholders across the national economy.
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Migdal Insurance and Financial Holdings Ltd.
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Migdol (often referencing historical archeological sites such as the ancient Migdol mentioned in biblical texts or modern geographic localities bearing the name) refers to regions historically situated in the eastern Nile Delta of Lower Egypt, near t...
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The name Migdal refers to two distinct entities depending on context. As an insurance company, Migdal is known as a dominant financial institution in Israel, managing billions in assets through insurance, pensions, and financial investments.
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Migdal Insurance & Financial Holdings Ltd. is one of Israel's largest insurance and financial services companies.
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The Hebrew word migdal translates literally to a tower, fortress, or raised stronghold. Throughout biblical history and modern Hebrew, it symbolizes strength, protection, elevated status, and architectural permanence.
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