Clal Insurance Enterprises Holdings
Full Text
כלל החזקות עסקי ביטוח בע"מ
Head office: Raoul Wallenberg St. 36, Tel Aviv-Jaffa 6136902, Israel. Tel.: +972-3-6387577
A publicly traded Israeli group active in the fields of insurance, pensions and finances for private and business customers.
Clal finances settlement expansion and exploitation of occupied natural resources.
As previous research by Who Profits has shown, Clal and other major Israeli insurance companies are complicit in financing settlement construction, settlement transportation projects, exploitation of occupied natural resources, and in Israel’s military-industrial complex, both directly and through their holdings in other complicit companies.
For more on the complicity of Israeli insurance companies and pension funds see Who Profits’ report: Insuring Dispossession: The Complicity of Five Israeli Insurance and Pension Companies in the Violation of Palestinian Rights.
Financing Construction on Occupied Land
Clal provides financial infrastructure to Israeli construction companies for the purpose of construction of real estate projects in settlements in the occupied West Bank and holds the rights to the land and the project as collateral.
Bar-Amana Buildings Construction & Development Co. Ltd.
Clal has provided loans to the Israeli construction company Bar-Amana Buildings Construction & Development Co., which owned by the settlement movement Amana and considered to be the main settlement arm of the settlers, working to establish illegal settlements and outposts in the oPt.
Bar Amana is largely involved in the establishment of illegal settlements and outposts in the occupied West Bank. Clal holds the company's rights in several construction projects and occupied land as collateral in the settlements of Karnei Shomron, Efart and Kiryat Arba.
In September 2020, Clal accompanied Israeli construction company Bar-Amana Buildings Construction & Development Co.’s construction project in the settlement of Karnei Shomron in the occupied West Bank for the construction of 164 housing units on 22,100 square meters of land according to Plan no. 117/8/13 in Ginot Shomron neighborhood in the settlement as part of the development of the neighborhood and expansion of its entrance road. Clal holds as collateral all the company’s rights in the property and or the project to be built on the land.
In December 2020, Clal accompanied Bar Amana’s project for the construction of 106 housing units and a commercial center including office space on 9,830 square meters of land in the settlement of Efrat in the occupied West Bank. Clal holds as collateral the company's rights in the project, including all current and\or future sums generated from the project.
In December 2020, Clal accompanied the company’s construction project in the settlement of Kiryat Arba for construction on 4,903 square meters of land in the settlement according to plan 1\2\522. Clal holds as collateral the company's rights in the project, including all current and\or future sums generated from the project, its rights in its bank accounts, its rights according to the agreement signed between the company and the Custodian of Abandoned Property in the West Bank, its rights to receive any funds and tax refunds, and funds received from buyers and contractors.
Also in 2020, Clal Insurance accompanied the company A. Barkan’s project to build 110 housing units in the settlement of Ariel in the occupied West Bank. The company holds as collateral the company's rights in the project, its rights in the bank, and its rights from the Custodian of Abandoned Property in the West Bank and the Israeli Ministry of Construction and Housing (IMOCH), and any grants and funds given to the company from contractors.
In 2021, Menif Financial Services Ltd., which Clal then owned 7.22% of the shares, accompanied the Israeli company Ba'al Hatanie in its project in the settlement of Efrat, according to plan 19\3\410 on the lands of the Palestinian village of al-Khader. Clal holds as collateral all of the company's rights in the project, in a total amount of money limited to NIS 5,200,000.
In 2020, Clal accompanied the Israeli construction company Traklin Yizum. As part of the agreement, Clal holds as collateral the company's financial and contractual rights in its construction project of 136 housing units in the settlement of Beit Arye, including all of the company's rights in the bank, all of its rights to receive funds from the Israeli Land Authority or the Custodian of Abandoned Properties in the West Bank, and funds received from home buyers and contractors.
In 2016, Clal accompanied the company Traklin Yizum. As part of the agreement, Clal holds as collateral the company's rights in its project for the construction of 80 housing units in the settlement of Beitar Ilit, including all of the company's rights in the bank, all of its rights to receive funds from the Israeli Land Authority or the Custodian of Abandoned Properties in the West Bank, and funds received from home buyers and contractors.
Financing Israeli Military Projects
Clal participated in the financing of the Israeli military ICT campus “Kiryat HaTikshuv”. The NIS 2 billion project was part of the Israeli Ministry of Defense's relocation plan to transfer army bases to the Naqab region, including the ICT Corps’ Technology Unit, the Air Force’s Technology Unit and the Southern Command headquarters.
For more on military projects in the Naqab see Who Profits’ interactive map Tools of Dispossession in the Naqab: Development & Military Projects.
Services to the Israel Police
Clal financed the construction of the Israel Police Yarkon Region Headquarters.
Holdings in Complicit Companies
Through its holdings in other private and public companies, Clal is complicit in the exploitation of occupied natural resources, the development of settlement transportation projects, and settlement construction.
Enlight - Exploitation of Occupied Natural Resources
Clal holds 6.7% in Enlight Renewable Energy, which develops and operates several renewable energy projects in the occupied Syrian Golan. In 2019, Clal signed financing agreements with Enlight totaling NIS 70 million for financing four solar farm projects. In 2018, Clal signed a financing agreement with Enlight totaling NIS 160 million to establish photovoltaic production facilities.
Mayer Cars & Trucks Co.
Clal holds 5.3% in Mayer Cars & Trucks Co., and additional shares through its subsidiary Atudot Pension Fund, the exclusive importer of Volvo Group in Israel. Mayer Cars provides Volvo equipment, vehicles, spare parts and maintenance services to the Israeli Ministry of Defense (IMOD). The company also provides armored buses to settlements in the occupied West Bank and to transportation companies operating bus lines in the occupied West Bank and East Jerusalem. The company has also provided buses for the Israel Prison Service.
Kavim Public Transportation
Clal holds 5.3% of the shares of Kavim Public Transportation which operates public bus lines to and between settlements in the occupied West Bank.
Shapir Engineering and Industry
Clal holds 8.7% in Shapir Engineering and Industry, the co-operator and developer of the Jerusalem Light Rail which connects Israeli settlements in occupied East Jerusalem. The company also operates a quarry and concrete plant near the settlement of Nili in the occupied West Bank. For more on the Jerusalem Light Rail, see Who Profits Update: Developments in the expansion of the JLR network: The J-Net project.
Construction on Occupied Land
Clal holds 15% of the shares of the real estate company ICR (formerly Minrav Project). ICR projects include a 500 housing units alongside a 5,000 square meters commercial area in the French Hill neighborhood in occupied East Jerusalem, and residential projects in the settlement of Beitar Ilit in the occupied West Bank and in the settlement neighborhood of Givat Ze’ev in occupied East Jerusalem.
Clal holds 8.66% of the shares of construction and real estate company Z.M.H. Hammerman, which was engaged in settlement construction and holds real estate in the occupied West Bank.
Clal holds 7.71% of the shares of Electra, which is involved in construction in the occupied West Bank and East Jerusalem and provides service to the Israeli military and the Israel Police.
Clal holds 6.66% of the shares of Shikun & Binui Group which has significant involvement in the construction and expansion of settlements and infrastructure in the occupied West Bank and East Jerusalem. The company was also involved in the construction of the barrier surrounding the besieged Gaza.
Supplying Weapons to the Israeli Military
Clal holds 4.31% of the shares of Elbit systems, Israel’s biggest military and arms company, works closely with the Israeli military to which it develops and supplies weapon and surveillance systems. Elbit Systems' weapon systems and armaments have been extensively used in the ongoing attacks on Gaza and in Israeli military attacks in Lebanon. For more on Elbit Systems’ complicity in the 2023 Israeli attack on Gaza, see Who Profits’ report The Companies Supplying Weapons to Israel’s Attack on Gaza.
Holdings in Israeli Banks
Clal holds shares in Israeli banks Hapoalim Bank (6.88%), Discount Bank (6.68%) and Leumi Bank (6.66%), all of which are involved in financing settlement construction on occupied land and in providing financial services to settlements' regional and local councils. For more on the involvement of Israeli banks see their profiles and Who Profits’ report Financing Land Grab: The Direct Involvement of Israeli Banks in the Israeli Settlement Enterprise.
A publicly traded Israeli group active in the fields of insurance, pensions and finances for private and business customers.
Clal finances settlement expansion and exploitation of occupied natural resources.
As previous research by Who Profits has shown, Clal and other major Israeli insurance companies are complicit in financing settlement construction, settlement transportation projects, exploitation of occupied natural resources, and in Israel’s military-industrial complex, both directly and through their holdings in other complicit companies.
For more on the complicity of Israeli insurance companies and pension funds see Who Profits’ report: Insuring Dispossession: The Complicity of Five Israeli Insurance and Pension Companies in the Violation of Palestinian Rights.
Financing Construction on Occupied Land
Clal provides financial infrastructure to Israeli construction companies for the purpose of construction of real estate projects in settlements in the occupied West Bank and holds the rights to the land and the project as collateral.
Bar-Amana Buildings Construction & Development Co. Ltd.
Clal has provided loans to the Israeli construction company Bar-Amana Buildings Construction & Development Co., which owned by the settlement movement Amana and considered to be the main settlement arm of the settlers, working to establish illegal settlements and outposts in the oPt.
Bar Amana is largely involved in the establishment of illegal settlements and outposts in the occupied West Bank. Clal holds the company's rights in several construction projects and occupied land as collateral in the settlements of Karnei Shomron, Efart and Kiryat Arba.
In September 2020, Clal accompanied Israeli construction company Bar-Amana Buildings Construction & Development Co.’s construction project in the settlement of Karnei Shomron in the occupied West Bank for the construction of 164 housing units on 22,100 square meters of land according to Plan no. 117/8/13 in Ginot Shomron neighborhood in the settlement as part of the development of the neighborhood and expansion of its entrance road. Clal holds as collateral all the company’s rights in the property and or the project to be built on the land.
In December 2020, Clal accompanied Bar Amana’s project for the construction of 106 housing units and a commercial center including office space on 9,830 square meters of land in the settlement of Efrat in the occupied West Bank. Clal holds as collateral the company's rights in the project, including all current and\or future sums generated from the project.
In December 2020, Clal accompanied the company’s construction project in the settlement of Kiryat Arba for construction on 4,903 square meters of land in the settlement according to plan 1\2\522. Clal holds as collateral the company's rights in the project, including all current and\or future sums generated from the project, its rights in its bank accounts, its rights according to the agreement signed between the company and the Custodian of Abandoned Property in the West Bank, its rights to receive any funds and tax refunds, and funds received from buyers and contractors.
Also in 2020, Clal Insurance accompanied the company A. Barkan’s project to build 110 housing units in the settlement of Ariel in the occupied West Bank. The company holds as collateral the company's rights in the project, its rights in the bank, and its rights from the Custodian of Abandoned Property in the West Bank and the Israeli Ministry of Construction and Housing (IMOCH), and any grants and funds given to the company from contractors.
In 2021, Menif Financial Services Ltd., which Clal then owned 7.22% of the shares, accompanied the Israeli company Ba'al Hatanie in its project in the settlement of Efrat, according to plan 19\3\410 on the lands of the Palestinian village of al-Khader. Clal holds as collateral all of the company's rights in the project, in a total amount of money limited to NIS 5,200,000.
In 2020, Clal accompanied the Israeli construction company Traklin Yizum. As part of the agreement, Clal holds as collateral the company's financial and contractual rights in its construction project of 136 housing units in the settlement of Beit Arye, including all of the company's rights in the bank, all of its rights to receive funds from the Israeli Land Authority or the Custodian of Abandoned Properties in the West Bank, and funds received from home buyers and contractors.
In 2016, Clal accompanied the company Traklin Yizum. As part of the agreement, Clal holds as collateral the company's rights in its project for the construction of 80 housing units in the settlement of Beitar Ilit, including all of the company's rights in the bank, all of its rights to receive funds from the Israeli Land Authority or the Custodian of Abandoned Properties in the West Bank, and funds received from home buyers and contractors.
Financing Israeli Military Projects
Clal participated in the financing of the Israeli military ICT campus “Kiryat HaTikshuv”. The NIS 2 billion project was part of the Israeli Ministry of Defense's relocation plan to transfer army bases to the Naqab region, including the ICT Corps’ Technology Unit, the Air Force’s Technology Unit and the Southern Command headquarters.
For more on military projects in the Naqab see Who Profits’ interactive map Tools of Dispossession in the Naqab: Development & Military Projects.
Services to the Israel Police
Clal financed the construction of the Israel Police Yarkon Region Headquarters.
Holdings in Complicit Companies
Through its holdings in other private and public companies, Clal is complicit in the exploitation of occupied natural resources, the development of settlement transportation projects, and settlement construction.
Enlight - Exploitation of Occupied Natural Resources
Clal holds 6.7% in Enlight Renewable Energy, which develops and operates several renewable energy projects in the occupied Syrian Golan. In 2019, Clal signed financing agreements with Enlight totaling NIS 70 million for financing four solar farm projects. In 2018, Clal signed a financing agreement with Enlight totaling NIS 160 million to establish photovoltaic production facilities.
Mayer Cars & Trucks Co.
Clal holds 5.3% in Mayer Cars & Trucks Co., and additional shares through its subsidiary Atudot Pension Fund, the exclusive importer of Volvo Group in Israel. Mayer Cars provides Volvo equipment, vehicles, spare parts and maintenance services to the Israeli Ministry of Defense (IMOD). The company also provides armored buses to settlements in the occupied West Bank and to transportation companies operating bus lines in the occupied West Bank and East Jerusalem. The company has also provided buses for the Israel Prison Service.
Kavim Public Transportation
Clal holds 5.3% of the shares of Kavim Public Transportation which operates public bus lines to and between settlements in the occupied West Bank.
Shapir Engineering and Industry
Clal holds 8.7% in Shapir Engineering and Industry, the co-operator and developer of the Jerusalem Light Rail which connects Israeli settlements in occupied East Jerusalem. The company also operates a quarry and concrete plant near the settlement of Nili in the occupied West Bank. For more on the Jerusalem Light Rail, see Who Profits Update: Developments in the expansion of the JLR network: The J-Net project.
Construction on Occupied Land
Clal holds 15% of the shares of the real estate company ICR (formerly Minrav Project). ICR projects include a 500 housing units alongside a 5,000 square meters commercial area in the French Hill neighborhood in occupied East Jerusalem, and residential projects in the settlement of Beitar Ilit in the occupied West Bank and in the settlement neighborhood of Givat Ze’ev in occupied East Jerusalem.
Clal holds 8.66% of the shares of construction and real estate company Z.M.H. Hammerman, which was engaged in settlement construction and holds real estate in the occupied West Bank.
Clal holds 7.71% of the shares of Electra, which is involved in construction in the occupied West Bank and East Jerusalem and provides service to the Israeli military and the Israel Police.
Clal holds 6.66% of the shares of Shikun & Binui Group which has significant involvement in the construction and expansion of settlements and infrastructure in the occupied West Bank and East Jerusalem. The company was also involved in the construction of the barrier surrounding the besieged Gaza.
Supplying Weapons to the Israeli Military
Clal holds 4.31% of the shares of Elbit systems, Israel’s biggest military and arms company, works closely with the Israeli military to which it develops and supplies weapon and surveillance systems. Elbit Systems' weapon systems and armaments have been extensively used in the ongoing attacks on Gaza and in Israeli military attacks in Lebanon. For more on Elbit Systems’ complicity in the 2023 Israeli attack on Gaza, see Who Profits’ report The Companies Supplying Weapons to Israel’s Attack on Gaza.
Holdings in Israeli Banks
Clal holds shares in Israeli banks Hapoalim Bank (6.88%), Discount Bank (6.68%) and Leumi Bank (6.66%), all of which are involved in financing settlement construction on occupied land and in providing financial services to settlements' regional and local councils. For more on the involvement of Israeli banks see their profiles and Who Profits’ report Financing Land Grab: The Direct Involvement of Israeli Banks in the Israeli Settlement Enterprise.
Related Publications
Clal Insurance Enterprises Holdings
כלל החזקות עסקי ביטוח בע"מ
Head office: Raoul Wallenberg St. 36, Tel Aviv-Jaffa 6136902, Israel. Tel.: +972-3-6387577
A publicly traded Israeli group active in the fields of insurance, pensions and finances for private and business customers.
Clal finances settlement expansion and exploitation of occupied natural resources.
As previous research by Who Profits has shown, Clal and other major Israeli insurance companies are complicit in financing settlement construction, settlement transportation projects, exploitation of occupied natural resources, and in Israel’s military-industrial complex, both directly and through their holdings in other complicit companies.
For more on the complicity of Israeli insurance companies and pension funds see Who Profits’ report: Insuring Dispossession: The Complicity of Five Israeli Insurance and Pension Companies in the Violation of Palestinian Rights.
Financing Construction on Occupied Land
Clal provides financial infrastructure to Israeli construction companies for the purpose of construction of real estate projects in settlements in the occupied West Bank and holds the rights to the land and the project as collateral.
Bar-Amana Buildings Construction & Development Co. Ltd.
Clal has provided loans to the Israeli construction company Bar-Amana Buildings Construction & Development Co., which owned by the settlement movement Amana and considered to be the main settlement arm of the settlers, working to establish illegal settlements and outposts in the oPt.
Bar Amana is largely involved in the establishment of illegal settlements and outposts in the occupied West Bank. Clal holds the company's rights in several construction projects and occupied land as collateral in the settlements of Karnei Shomron, Efart and Kiryat Arba.
In September 2020, Clal accompanied Israeli construction company Bar-Amana Buildings Construction & Development Co.’s construction project in the settlement of Karnei Shomron in the occupied West Bank for the construction of 164 housing units on 22,100 square meters of land according to Plan no. 117/8/13 in Ginot Shomron neighborhood in the settlement as part of the development of the neighborhood and expansion of its entrance road. Clal holds as collateral all the company’s rights in the property and or the project to be built on the land.
In December 2020, Clal accompanied Bar Amana’s project for the construction of 106 housing units and a commercial center including office space on 9,830 square meters of land in the settlement of Efrat in the occupied West Bank. Clal holds as collateral the company's rights in the project, including all current and\or future sums generated from the project.
In December 2020, Clal accompanied the company’s construction project in the settlement of Kiryat Arba for construction on 4,903 square meters of land in the settlement according to plan 1\2\522. Clal holds as collateral the company's rights in the project, including all current and\or future sums generated from the project, its rights in its bank accounts, its rights according to the agreement signed between the company and the Custodian of Abandoned Property in the West Bank, its rights to receive any funds and tax refunds, and funds received from buyers and contractors.
Also in 2020, Clal Insurance accompanied the company A. Barkan’s project to build 110 housing units in the settlement of Ariel in the occupied West Bank. The company holds as collateral the company's rights in the project, its rights in the bank, and its rights from the Custodian of Abandoned Property in the West Bank and the Israeli Ministry of Construction and Housing (IMOCH), and any grants and funds given to the company from contractors.
In 2021, Menif Financial Services Ltd., which Clal then owned 7.22% of the shares, accompanied the Israeli company Ba'al Hatanie in its project in the settlement of Efrat, according to plan 19\3\410 on the lands of the Palestinian village of al-Khader. Clal holds as collateral all of the company's rights in the project, in a total amount of money limited to NIS 5,200,000.
In 2020, Clal accompanied the Israeli construction company Traklin Yizum. As part of the agreement, Clal holds as collateral the company's financial and contractual rights in its construction project of 136 housing units in the settlement of Beit Arye, including all of the company's rights in the bank, all of its rights to receive funds from the Israeli Land Authority or the Custodian of Abandoned Properties in the West Bank, and funds received from home buyers and contractors.
In 2016, Clal accompanied the company Traklin Yizum. As part of the agreement, Clal holds as collateral the company's rights in its project for the construction of 80 housing units in the settlement of Beitar Ilit, including all of the company's rights in the bank, all of its rights to receive funds from the Israeli Land Authority or the Custodian of Abandoned Properties in the West Bank, and funds received from home buyers and contractors.
Financing Israeli Military Projects
Clal participated in the financing of the Israeli military ICT campus “Kiryat HaTikshuv”. The NIS 2 billion project was part of the Israeli Ministry of Defense's relocation plan to transfer army bases to the Naqab region, including the ICT Corps’ Technology Unit, the Air Force’s Technology Unit and the Southern Command headquarters.
For more on military projects in the Naqab see Who Profits’ interactive map Tools of Dispossession in the Naqab: Development & Military Projects.
Services to the Israel Police
Clal financed the construction of the Israel Police Yarkon Region Headquarters.
Holdings in Complicit Companies
Through its holdings in other private and public companies, Clal is complicit in the exploitation of occupied natural resources, the development of settlement transportation projects, and settlement construction.
Enlight - Exploitation of Occupied Natural Resources
Clal holds 6.7% in Enlight Renewable Energy, which develops and operates several renewable energy projects in the occupied Syrian Golan. In 2019, Clal signed financing agreements with Enlight totaling NIS 70 million for financing four solar farm projects. In 2018, Clal signed a financing agreement with Enlight totaling NIS 160 million to establish photovoltaic production facilities.
Mayer Cars & Trucks Co.
Clal holds 5.3% in Mayer Cars & Trucks Co., and additional shares through its subsidiary Atudot Pension Fund, the exclusive importer of Volvo Group in Israel. Mayer Cars provides Volvo equipment, vehicles, spare parts and maintenance services to the Israeli Ministry of Defense (IMOD). The company also provides armored buses to settlements in the occupied West Bank and to transportation companies operating bus lines in the occupied West Bank and East Jerusalem. The company has also provided buses for the Israel Prison Service.
Kavim Public Transportation
Clal holds 5.3% of the shares of Kavim Public Transportation which operates public bus lines to and between settlements in the occupied West Bank.
Shapir Engineering and Industry
Clal holds 8.7% in Shapir Engineering and Industry, the co-operator and developer of the Jerusalem Light Rail which connects Israeli settlements in occupied East Jerusalem. The company also operates a quarry and concrete plant near the settlement of Nili in the occupied West Bank. For more on the Jerusalem Light Rail, see Who Profits Update: Developments in the expansion of the JLR network: The J-Net project.
Construction on Occupied Land
Clal holds 15% of the shares of the real estate company ICR (formerly Minrav Project). ICR projects include a 500 housing units alongside a 5,000 square meters commercial area in the French Hill neighborhood in occupied East Jerusalem, and residential projects in the settlement of Beitar Ilit in the occupied West Bank and in the settlement neighborhood of Givat Ze’ev in occupied East Jerusalem.
Clal holds 8.66% of the shares of construction and real estate company Z.M.H. Hammerman, which was engaged in settlement construction and holds real estate in the occupied West Bank.
Clal holds 7.71% of the shares of Electra, which is involved in construction in the occupied West Bank and East Jerusalem and provides service to the Israeli military and the Israel Police.
Clal holds 6.66% of the shares of Shikun & Binui Group which has significant involvement in the construction and expansion of settlements and infrastructure in the occupied West Bank and East Jerusalem. The company was also involved in the construction of the barrier surrounding the besieged Gaza.
Supplying Weapons to the Israeli Military
Clal holds 4.31% of the shares of Elbit systems, Israel’s biggest military and arms company, works closely with the Israeli military to which it develops and supplies weapon and surveillance systems. Elbit Systems' weapon systems and armaments have been extensively used in the ongoing attacks on Gaza and in Israeli military attacks in Lebanon. For more on Elbit Systems’ complicity in the 2023 Israeli attack on Gaza, see Who Profits’ report The Companies Supplying Weapons to Israel’s Attack on Gaza.
Holdings in Israeli Banks
Clal holds shares in Israeli banks Hapoalim Bank (6.88%), Discount Bank (6.68%) and Leumi Bank (6.66%), all of which are involved in financing settlement construction on occupied land and in providing financial services to settlements' regional and local councils. For more on the involvement of Israeli banks see their profiles and Who Profits’ report Financing Land Grab: The Direct Involvement of Israeli Banks in the Israeli Settlement Enterprise.
Ownership
The company is publicly traded on the Tel Aviv Stock Exchange under the ticker symbol: CLIS
Major shareholders include: Alrov Properties & Lodgings Ltd. (14.5), Phoenix Financial Ltd. (7.26%), Harel Insurance Investments & Financial Services Ltd. (6.52%).
Chair of the Board of Directors: Haim Samet
CEO: Yoram Naveh
Subsidiaries
Clal Agency Holdings (1998) Ltd. (100%), Clal Finance Ltd., Clalbit Systems Ltd. (100%), Cimax Holdings Ltd. (100%), Betah Ltd. (100%), Tmura Insurance Agency (1987) Ltd. (100%), Clalbit Finance Ltd. (100%), Clal Pension and Gemel Ltd. (100%), Canaf – Clal Financial Management Ltd. (100%), Max It Finance Ltd. (100%), Max Insurance Agency (2020) Ltd. (100%), Clal Insurance Company Ltd. (99.98%), Clal Credit Insurance Ltd. (80%), Atudot Pension Fund for Workers & Independent Workers Ltd. (50%).
Partners
Apple, Google, Siemens, Ørsted, Enlight Renewable Energy, Brookfield, MetLife, Pagaya, Harbor Group, Starlight, Yellowstone, PPhe, Blackstone, Breakthrough, LRC Group
* This section refers to the company's general business partners