Гилад Альтшулер

Co-founders Gilad Altshuler and Kalman Shaham are selling a 55% stake in Altshuler Shaham Finance's provident and pension funds for 1.1 billion shekels to WeSure and Yair Levinstein.

Following a major ownership shakeup, Altshuler Shaham executives held an emergency webinar to reassure insurance agents. WeSure and CEO Yair Levinstein acquired controlling stakes in the finance arm, while founders retain private operations.