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Banking & Finance

Insurance

Our Insurance team provides insurance-related advice to leading international and Israeli insurers, brokers, pension advisors, financial institutions and financial services providers, as well as commercial clients.

Our list of clients to which we provide such insurance-related advice includes some of the biggest names in the industry, as well as most of the biggest Israeli insurance companies and investment houses.

Our insurance practice focuses on all different aspects of insurance – such as regulation, licensing, M&A transaction for insurance companies and of course “classic” insurance issues, and inter-alia, on:

  • Regulatory advice on all aspects relating to insurance and the day-to-day operations of an insurer (e.g., insurance and pension products; insurance marketing/advisory services; corporate governance; investment limitations; etc.)
  • Commercial advice and contract negotiations in the insurance space (including in investments by insurance companies);
  • Advising foreign insurance companies and reinsurers regarding regulatory aspects of insurance business in Israel (including mediation, permits and licensing and non-admitted ins uranceissues);
  • Representing insurers before the Capital Market, Insurance and Savings Authority in all regulatory matters;
  • Representing insurer in class actions claims in the insurance sector and advising of class actions as aforesaid;
  • Advising financial entities and insurers in the creation, adoption and implementation of internal compliance plans; etc.

The Insurance team is comprised of several partners with different types of expertise (regulatory, investments, M&A, litigation, etc.) and associates.


Insurance News & Insights

24 April 2024 - Client Updates

Dear Clients and Friends, We would like to bring to your attention that on April 18, 2024, the Israeli Securities

Published for Public Comments: Directives for Payment Companies Regarding Corporate Governance, Compliance and Risk Management, and Regarding Outsourcing

31 December 2023 - Client Updates

Our team is looking forward to 2024, and we are confident that our new partners, the majority of whom are

We are happy to introduce our new partners

6 December 2023 - News

We are delighted to announce that in this year’s BDICode ranking, we are ranked in the top-tier in no less

Herzog is ranked by BDi Code as the top tier in 38 practice areas for 2023

22 December 2022 - Client Updates

Happy Holidays! Wishing you and your loved ones health and happiness in the new year. May 2023 be an extraordinary

Happy Holidays !

19 January 2022 - Client Updates

Client Update – Updates Regarding the Equity and Insurance Obligations of Licensees under the Investment Advice Law On December 19,

Updates Regarding the Equity and Insurance Obligations of Licensees under the Investment Advice Law

3 May 2021 - News

We recently represented Psagot Investments in Insurance Agencies, a subsidiary of Psagot Investment House, to sell its holding in the insurance

Herzog represented Psagot Investments in Insurance Agencies

4 November 2020 - Client Updates

Financial Services Regulation|  Extension of the Regulations regarding Exemption From Licensing requirements for the Provision of Credit and Financial Asset

Extension of the Regulations regarding Exemption From Licensing requirements for the Provision of Credit and Financial Asset Services

10 October 2020 - Client Updates

PROPOSAL TO EXPAND SOURCES OF FUNDING  FOR NON-BANK LENDING CORPORATIONS Dear Clients and colleagues, Israel’s Ministry of Finance has published a

Proposal To Expand Sources Of Funding For Non-Bank Lending Corporations

19 August 2020 - Client Updates

As you know, Israel continues its efforts to deal with the Corona Virus and contain it, to avoid its spreading

Handling the Corona Virus- Live Updates

9 January 2019 - Client Updates

Dear Clients and Friends, We wish to update you that on December 31, 2018, the Draft Payment Services Law, 5778-2018,

Client Update | Revolution in the Field of Payment Services: Payment Services Law Approved in Fast-Track Legislation

19 June 2018 - News

BDI Code has published its 2018 Israel Legal Rankings, where, once again, our firm has been ranked the leading Israeli

BDI Code’s Ranking for 2018: Herzog Fox & Neeman ranked leading law firm in Israel!

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Neta Dorfman-Raviv

Partner

Banking & Finance, Banking Regulation, Financial Regulation, Insurance, Mergers & Acquisitions

Tal Grofi

Associate

Banking & Finance, Capital Markets & Securities, Corporate, Insurance

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