Phoenix Financial Ltd. (PHOE)

Overview

The Phoenix Holdings Ltd. operates within Israel, providing a wide range of insurance and savings products. Originally known as The Israel Phoenix Assurance Company Limited, it was established in 1949. The company's headquarters are located in Givatayim, Israel. Through its expansive offerings, Phoenix Holdings caters to the diverse needs of its clientele, spanning life insurance, property and casualty coverages, health plans, and financial asset management services. Additionally, it extends specialized services in the areas of investments, mutual funds management, and pension schemes, emphasizing its role as a comprehensive provider in the market.

Products and Services

• Life and Disability Insurance: Offers coverage for life risks and disabilities, providing financial security to beneficiaries.
• Flight Cancellation: Protects against financial losses due to flight cancellations, ensuring travel plans are safeguarded.
• Property and Casualty Insurance Products: Includes motor vehicle and property insurance, offering protection against various physical damages or losses.
• Liability Insurances: Covers third-party liability, employers' liability, directors' and officers' liability, professional liability, product liability, and more, providing protection against legal and financial liabilities arising from various professional activities.
• Health Insurance Products: Offers long-term care, critical illness, travel, sick leave, illness and hospitalization, and dental insurance, catering to different health-related needs.
• Mechanical Engineering and Specific Equipment Insurance: Provides coverage for mechanical-engineering equipment, mechanical breakdowns, refrigerated inventory, and more, ensuring protection against technical and operational risks.
• Cargo and Goods Insurance: Offers insurance for cargo in transit, shippers' liability, goods in transit, including specialized coverages like works of art and electronic equipment, safeguarding against transit-related losses.
• Investment and Savings Products: Includes investment insurance for home buyers, as well as pension, education, and provident funds, offering a variety of savings and investment options tailored to different life stages and goals.
• Financial Asset Management Services: Comprises marketing and management of investments, underwriting and investment banking, mutual funds management, and stock exchange and trading services, providing comprehensive financial asset management solutions.
• Specialized Insurance Products: Covers unique risks such as production and cancellation of events, clinical trials, money, aviation, terrorism acts, and cyber insurance, catering to specific industry or event-related needs.