Company Ayalon Insurance Company Ltd

AYAL

IL0002090152

Property & Casualty Insurance

Market Closed - TEL AVIV STOCK EXCHANGE Other stock markets 10:24:02 2024-05-02 am EDT			5-day change	1st Jan Change
1,811 ^ILa	-3.36%		+0.95%	+12.21%

Mar. 26	Ayalon Insurance Company Ltd Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Mar. 26	Ayalon Insurance Company Ltd agreed to acquire WeSure Insurance Company Ltd from Wesure Global Tech Ltd and others in a transaction valued at ILS 130 million.	CI

Business Summary

Ayalon Insurance Company Ltd, formerly known as Ayalon Holdings Ltd .. is an Israel-based insurance company. The Company offers various insurance solutions in the field of general insurance, long-term savings and health insurance. Its product portfolio offers the following types of insurance to its customers: General - car, property, motor and general insurance; Residential; Cybernetic - which ensures network security and protection against cyber attacks for companies; Professional liability insurance; Long-term savings and health insurance. The company serves clients in Israel. The company also operates through its subsidiaries, including Ayalon Long Term Savings Ltd, Ayalon Trustees Insurance Agency Ltd, Ayalon Canada Ltd., Ayalon Blue Leasing Ltd.

Number of employees: 1,225

Sales per Business

ILS in Million	2022	Weight	2023	Weight	Delta
General Insurance 54.9 %	1,592	70.1 %	1,884	54.9 %	+18.31%
Life Insurance and Savings Long-term 27.2 %	140	6.2 %	932	27.2 %	+564.92%
Health Insurance 15.9 %	456	20.1 %	546	15.9 %	+19.81%
Other 1.8 %	64	2.8 %	63	1.8 %	-2.03%
Not Assigned to Activity Sectors 1.3 %	70	3.1 %	46	1.3 %	-34.57%
Adjustments and Offsets -1.2 %	-50	-2.2 %	-41	-1.2 %	-18.76%

Sales per region

ILS in Million	2022	Weight	2023	Weight	Delta
Israel 100.0 %	2,271	100.0 %	3,429	100.0 %	+50.98%

Managers

Managers	Title	Age	Since
Sharon Reich CEO	Chief Executive Officer	56	10-11-29
Giora Ram DFI	Director of Finance/CFO	56	22-01-31
Tamir Hershkovich CIO	Chief Investment Officer	-	-
Andrey Grudenov COO	Chief Operating Officer	-	-
Shaul Bar Or CTO	Chief Tech/Sci/R&D Officer	-	-
Yael Peer Segal IRO	Public Communications Contact	-	-
Iris Tenzer HRO	Human Resources Officer	-	-
Doron Shabtay SAM	Sales & Marketing	-	-
Asaf Sulami AUD	Comptroller/Controller/Auditor	53	08-03-29
Lisa Haimovitz SEC	Corporate Secretary	58	-

Members of the board

Members of the board	Title	Age	Since
Avigdor Kaplan CHM	Chairman	84	21-10-03
Ronit Tahel Koren BRD	Director/Board Member	56	16-03-21
Emil Vainshel BRD	Director/Board Member	52	22-07-23
Shmuel Rosenman BRD	Director/Board Member	78	18-07-11
Ester Dallal BRD	Director/Board Member	68	19-06-10
Avi Yahav BRD	Director/Board Member	-	-
Eitan Levy BRD	Director/Board Member	62	22-04-06

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	18,198,000	5,937,947 ( 32.63 %)	0	32.63 %

Shareholders

Name	Equities	%	Valuation
WESURE GLOBAL TECH LTD 67.26 %	12,240,389	67.26 %	67 M ILa
Phoenix Provident Fund Ltd. 4.565 %	830,679	4.565 %	5 M ILa
THE PHOENIX HOLDINGS LTD. 0.8599 %	156,478	0.8599 %	852 073 ILa
Phoenix Investments House Ltd. 0.7496 %	136,404	0.7496 %	742 763 ILa
KSM Mutual Funds Ltd. 0.3365 %	61,232	0.3365 %	333 428 ILa
Excellence Nessuah Mutual Funds Management Ltd. 0.2220 %	40,405	0.2220 %	220 018 ILa
Barometer Investment House Ltd. 0.1823 %	33,168	0.1823 %	180 610 ILa
Ayalim Mutual Funds Ltd. 0.0946 %	17,220	0.0946 %	93 768 ILa
Analyst IMS Mutual Funds Management (1986) Ltd. 0.0608 %	11,070	0.0608 %	60 280 ILa
IBI Mutual Funds Management (1978) Ltd. 0.0416 %	7,562	0.0416 %	41 178 ILa

Holdings

Name	Equities	%	Valuation
THE SELECT SECTOR SPDR TRUST - THE HEALTH CARE SELECT SECTOR SPDR FUND 0.05%	151,112	0.05%	22,323,776 $
WISDOMTREE TRUST - WISDOMTREE JAPAN HEDGED EQUITY FUND 0.26%	111,769	0.26%	12,126,937 $
SPDR S&P 500 ETF TRUST 0.00%	22,497	0.00%	11,767,506 $
THE SELECT SECTOR SPDR TRUST - THE CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND 0.05%	58,769	0.05%	10,807,031 $
MICROSOFT CORPORATION 0.00%	16,932	0.00%	7,123,631 $
APPLE INC. 0.00%	40,631	0.00%	6,967,404 $
NVIDIA CORPORATION 0.00%	7,149	0.00%	6,459,550 $
WIX.COM LTD. 0.07%	38,842	0.07%	5,339,998 $
SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST 0.01%	12,213	0.01%	4,857,843 $
AMERICAN EXPRESS COMPANY 0.00%	20,155	0.00%	4,589,092 $