Menora Mivtachim Holdings Ltd.

MMHDTASEIL0005660183₪30B

Investment Thesis

Generates revenue primarily from insurance premiums and asset-management fees in life insurance, pensions/provident funds, general insurance, and health insurance. Additional income is generated from ancillary financial services and investment-related activities.

Geographic Exposure

IsraelN/A

Revenue Drivers

Life insurance and savings

Life insurance, pension and provident products earning premiums and management fees.

CORE54.6%

General insurance underwriting

Underwriting motor, property and liability insurance and managing related claims.

CORE25.4%

Health insurance underwriting

Underwriting health and nursing insurance policies and administering benefits.

SIGNIFICANT15.5%

End Markets

Individuals and households
Employers and employee collectives
Pension savers and retirees
Small and medium-sized businesses
Vehicle owners (private and fleet)

Specializations

Insurance agent network distributionDirect sales and customer contact centerPension advice/marketing (Best Advice duty)Sapiens Topaz core insurance systemsRetail credit and payment repayment guaranteesSME financing and credit provision+2 more

Activities

Underwriting and policy administration
Pension and provident fund management
Claims handling and servicing
Investment management of policyholder and proprietary assets
Sales, marketing and distribution via agents and direct channels