Compensation Due to Businesses Following Operation Shomer Hamot

  During the operation guarding the walls, the damage was caused to many businesses throughout the country, both direct damage to property and loss of income. Also, as part of the operation, we were able to see that the circle of victims is much wider than what we were used to from previous operations. This […]

Compensation due to businesses following Operation Shomer Hamot

During the operation guarding the walls, damage was caused to many businesses throughout the country, both direct damage to property and loss of income. Also, as part of the operation, we were able to see that the circle of victims is much wider than what we were used to from previous operations. This, in light […]

Cyber insurance in the new world is becoming more critical than ever

As businesses and people continue to rely more and more on technology, the need for cyber insurance grows. In fact, the global cyber insurance market is expected to reach $14 billion by 2026, with an estimated annual growth rate of approximately 22.8%.   But what exactly drives the high demand for cyber insurance? One major […]

About financial literacy and the connection to our pension savings

One of the main problems facing the average saver in Israel today is a low level of financial literacy. According to OECD, financial literacy is a process through which financial consumers improve their understanding of financial products through information, instructions and advice and thus develop skills and confidence that give them a higher awareness of […]

D&O Insurance and the 4,000 Case

According to recent publications, Mr. Shaul Alovich filed a claim against his Directors and Officers’ (D&O) liability insurance company to reimburse the defense costs paid to finance his defense in the 4,000 case. According to the indictment, Alovich, in his capacity as the Chairman of the board of Bezeq and Walla, bribed the former PM, […]

?A Better Place For D&Os

In light of the recent judgment of Judge Ofer Grosskopf in TA (Merkaz) 47032-05-16 Better Place (HT) 2009 Ltd. (In liquidation) and Others V. Shay Agassi and Others (“Better Place V. Agassi”) – Where Judge Gorskof approved a motion to dismiss by Better Place former Directors and Officers (“D&Os”) arises the question can D&Os now […]

?The End of Cyber Insurance

We are witnessing a continuous increase in cyber-events. As a result, the Cyber Insurance market is hardening. Rates and deductibles are increasing, underwriting guidelines have strict. Even insurers are starting to sub-limit ransomware coverage and applying coinsurance provisions under ransomware coverage. There are a few more things we should take under consideration which affect the […]

What happens if Berkovich has cyber insurance?

This week it was reported that the Instagram account of the legendary former footballer, Eyal Berkovic, was hacked and blocked. It was also reported that the hackers asked Berkovich for a ransom payment of $2,000 to be paid through Bitcoin, in order to release the account, which Berkovich refused to pay. In doing so, Berkovich […]

What is RUN OFF insurance?

Run-off insurance is directly related to claims-made insurances. These insurances are characterized by the fact that their trigger is not the date of occurrence of the event (Occurrence Basis) (common when the main coverage in them is bodily injury to property where it is clear when the event that activates the policy occurred), but the […]

Insurance for issuing securities to the public – (POSI)

The transition of a private company to become a public company (or a reporting company in the case of raising debt from the public) is a complicated procedure full of risks for both the company and its officers. A public offering is made by the prospectus. To the extent that there is a misleading detail […]

Insurance plan for financial institutions

Financial institutions are characterized by managing money for third parties and are exposed to many risks. Any risk that occurs may cause enormous damage and lead to tedious lawsuits against the company and against its officers. The risks for financial institutions and their officers are from claims by investors, customers, embezzlement, cyber risks and regulatory […]

training funds

A tax-free savings device intended for employees (employer’s benefit) and the self-employed for a period of six years or more. At the end of a period of six years, the balance in the fund can be withdrawn with an exemption from capital gains tax. Most training funds are managed by the investment houses and insurance […]