About Clal Insurance
Clal Insurance is a company based in Tel Aviv (Israel) founded in 1987.. The company has 3,650 employees as of December 31, 2024. Clal Insurance has completed 3 acquisitions, including Berkshire Hathaway GUARD Insurance, Leumi Card and Max. Clal Insurance operates in a competitive market with competitors including Blue KC, Beazley, Migdal Group, Prudential and Fnx, among others.
- Headquarter Tel Aviv, Israel
- Employees 3650 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Clal Insurance Enterprises Holdings Limited
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Annual Revenue
$6.93 B (USD)25.81as on Dec 31, 2024
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Net Profit
$196.9 M (USD)226.36as on Dec 31, 2024
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
3650
as on Dec 31, 2024
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Investments & Acquisitions
Berkshire Hathaway GUARD Insurance
& 2 more
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IPO & Listings of Clal Insurance
Clal Insurance is a publicly listed company on the TASE with ticker symbol CLIS in Israel, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Clal Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Clal Insurance
Clal Insurance has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Berkshire Hathaway GUARD Insurance, Leumi Card and Max. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial banking services are provided by Leumi Card in Israel.
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2000 | ||||
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Credit card issuer
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2000 | ||||
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Property and casualty insurance coverage is provided nationwide.
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1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Clal Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clal Insurance Comparisons
Competitors of Clal Insurance
Clal Insurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue KC, Beazley, Migdal Group, Prudential and Fnx, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Specialist insurance and reinsurance are underwritten for clients worldwide.
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| domain | founded_year | HQ Location |
Insurance and financial services are offered in Israel.
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| domain | founded_year | HQ Location |
Financial services for pensions and investments are provided by Prudential.
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| domain | founded_year | HQ Location |
Diversified insurance services are provided across various sectors by Fnx.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Clal Insurance
Frequently Asked Questions about Clal Insurance
When was Clal Insurance founded?
Clal Insurance was founded in 1987.
Where is Clal Insurance located?
Clal Insurance is headquartered in Tel Aviv, Israel.
Who is the current CEO of Clal Insurance?
Yoram Naveh is the current CEO of Clal Insurance.
How many employees does Clal Insurance have?
As of Dec 31, 2024, the latest employee count at Clal Insurance is 3,650.
What is the annual revenue of Clal Insurance?
Annual revenue of Clal Insurance is $6.93B as on Dec 31, 2024.
What does Clal Insurance do?
Clal Insurance was founded in 1987 and is headquartered in Tel Aviv, Israel. Operations are focused on the insurance sector, where various products including life, health, and property coverage are provided. The company serves clients primarily within Israel, with financial performance in 2021 showing revenues of 7.96 billion and net profit of 0.33 billion. Leadership is provided by CEO Yoram Naveh, and the domain clalbit.co.il is utilized for online presence.
Who are the top competitors of Clal Insurance?
Clal Insurance's top competitors include Fnx, Beazley and Migdal Group.
Is Clal Insurance publicly traded?
Yes, Clal Insurance is publicly traded on TASE under the ticker symbol CLIS.
How many acquisitions has Clal Insurance made?
Clal Insurance has made 3 acquisitions, including Berkshire Hathaway GUARD Insurance, Leumi Card, and Max.
What is Clal Insurance's ticker symbol?
The ticker symbol of Clal Insurance is CLIS on TASE.
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