Reinsurance News

Aon acquires Atlas Insurance Agency to expand marine offering in Israel

30th April 2025 - Author: Beth Musselwhite -

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Global insurance and reinsurance broker Aon has acquired the operations of Atlas Insurances Agency, one of Israel’s most established insurance firms specialising in marine insurance.

Atlas, a Lloyd’s coverholder, offers a range of marine insurance coverage, including cargo, hull and machinery, and charterers’ liability. With 50 years of industry experience, Atlas brings valuable expertise and a strong market presence to Aon’s growing portfolio in Israel.

By combining Atlas’ deep industry knowledge with Aon’s local and global capabilities in risk capital and data-driven insights, the firm aims to deliver more tailored and innovative solutions for clients.

Several Atlas team members are joining Aon, including Ronen Hakham-Aharon and Adv. Ohad Hakham-Aharon — the sons of founder Adv. Kaduri Hakham-Aharon.

Yasmin Koren, Israel CEO at Aon, said, “This acquisition marks a milestone in our long-term growth strategy, reinforcing Aon’s leadership in Israel and in the marine and cargo insurance sector. In today’s increasingly uncertain environment —characterised by volatility across trade, technology, weather and workforce — clients are facing more complex and evolving risks.

“By combining strength and expertise of the two firms, we’re better positioned to deliver innovative, data-driven marine insurance solutions and highly tailored risk management strategies. This move not only expands our market reach, but also strengthens our ability to help clients make better decisions, protect their assets and thrive in a rapidly changing world.”