Ayalon

Ayalon Insurance is exploring the acquisition of credit card company Cal following the collapse of its sale to Union-Harel, while simultaneously pursuing a deal for Altshuler Shaham.

Emil Vinshel discusses his acquisition of a controlling stake in Altshuler Shaham Finance for 1 billion shekels, detailing his strategic vision for a comprehensive market reset.

Ayalon Insurance shareholder Gad Lieberman filed a pre-lawsuit warning over the controversial Altshuler Shaham acquisition by controlling shareholder Wissur GlobalTech, citing severe conflicts of interest.

Ayalon Insurance raised a massive 1.2 billion NIS in August after re-entering the provident fund market, but faced criticism as its initial yields fell significantly below the industry average.

Menora Mivtachim led Israel's investment-linked savings market in August with a 1.38% return in the general track. However, Clal Insurance maintains its long-term dominance, leading year-to-date with an 8% return.

Ayalon was ordered to pay special interest and legal expenses after failing to transfer 20,000 shekels to the plaintiff that it had already acknowledged. Despite its own expert confirming a 10% psychiatric disability following an accident, the company withheld payment. The result: an additional 12,500 shekels in interest.

The coverage does not end at the school gate. Personal accident insurance for students, provided as part of parental payments, may also apply when a child is injured at home, at an extracurricular activity, or on vacation.

Ayalon insurance refused to compensate a Sderot resident for a car accident, citing a suspended license. The court ruled against the company, noting that the suspension notice was sent to his home while he was displaced following the October 7 massacre.

Sources involved in the "Floodplain" project at Ariel Sharon Park warn that the budget for the drainage system's maintenance has not been secured. The system is a critical component for preventing flooding in the Ayalon area.

The long-term care insurance sector is set for a period of relative calm following Clalit's agreement with Ayalon. However, experts warn that this is a temporary fix that fails to address the industry's fundamental structural issues.

Following Ayalon Insurance's victory in the tender to operate the world's largest group long-term care policy, covering 2.7 million people, the company's management addressed the strategic importance of the deal.

Clalit Health Services announced that the insurance company Ayalon will manage its group long-term care insurance policy, covering approximately 2.7 million people. The agreement is for three years with options for extension.

Competition in provident funds is heating up, while independent trading channels are also growing rapidly. Daniel Cohen, CEO of the Profit Group, sorts out hot trends like 'Family Office' and IRA, and explains why the AI revolution only strengthens experts rather than replacing them.

Ayalon Insurance and Platinum Capital have filed a court motion to appoint a receiver for a completed TAMA 38 project in Ramat Gan, citing 48.9 million shekels in outstanding debts and liabilities.

Traffic disruptions are expected this week at night due to the closure of segments on the Coastal Road and Ayalon Highway. The work includes the installation of signage in preparation for the expansion of the Fast Lanes project.

Full night closures will take place on major traffic arteries in the Gush Dan area. In the coming nights, sections of the Ayalon lanes northbound and Highway 2 southbound will be closed for the installation of signage on bridges.

Insurance company Ayalon is returning to the provident fund sector with an ambitious goal of managing 100 billion shekels within five years. To achieve this, the company is aggressively targeting insurance agents with high commissions and incentives, including luxury trips to Australia.

Out of six candidates, only the insurance company Ayalon submitted a bid to operate the long-term care insurance for Clalit Health Services. This is a surprising outcome for a tender covering approximately 2.7 million insured individuals.

Tomorrow, Ayalon will launch its provident fund activity, returning to the long-term savings sector four years after exiting it. The move follows the sale of its stake in Meitav Provident and Pension.