| Description: | Clal Insurance Enterprises Holdings Ltd. provides insurance services in Israel. It operates through Long-Term Savings, Health Insurance, Property and Casualty, and The Credit Card segments. The Long-Term Savings segment offers life insurance products and related coverages; long-term savings for various insurance policies, and pension and provident funds, including study funds; and insurance coverage for various risks, such as death, disability, long-term health, and health insurance policies. The Health Insurance segment provides long-term care, medical expenses, surgeries, transplants, personal accidents, travel, dental, foreign workers, and other insurance products. The Product and Casualty segment offers credit and personal accidents insurance services. This segment provides liability and property insurance products, including compulsory motor that focuses on coverage, the purchase of which by the vehicle owner or driver is mandatory, in respect of bodily injury caused as a result of the use of a motor vehicle; motor property that covers coverage property damage to the policyholder's vehicle and third-party property damage caused by the insured vehicle; and property and other that include all remaining property insurance coverage. The Credit Card Segment provides bank payment cards for B2B2C customers; sells and markets of non-bank credit cards, consumer credit, and other products directly to private customers; payment guarantees against vouchers of transactions carried out using credit cards in exchange for a fee collected from the merchant; related services and complementary products to the acquiring services; products and services offered to merchants, such as loans, voucher discounting, early payments, and guarantees; and e-commerce payment solutions, bookkeeping management, and digital invoice services. The company was incorporated in 1987 and is based in Tel Aviv-Yafo, Israel. |
