The US-based Starr Insurance and Reinsurance have chosen Harel Insurance Group as their representatives in Israel.
The news, as reported in the Jerusalem Post, will see Starr become the eighteenth company represented by Harel.
Gideon Hamburger, president of Harel, said the company was continuing to expand its global activity.
He added: “Harel Group is currently the only insurance company in Israel capable of meeting the insurance underwriting needs of Israeli companies with international activity, including forging sector-based relationships.”
According to the company’s website, Harel has more than eighty years of experience within the insurance industry. It was founded in 1982 and claims to be Israel’s largest insurer in terms of premiums, with a market segment of 22.4%.
