Shlomo Insurance Company Ltd. was established in November 2007, after receiving the adequate license from the Israeli Insurance Commissioner. Its goal is to become one of Israel's top 5 insurance companies in Israel.
The company began to issue insurance policies on January 1, 2008. At the beginning it focused on personal lines: motor bodily injury insurance and comprehensive vehicle property insurance. Towards the end of 2008 the company began to provide homeowners insurance, as well.
At the beginning of 2009 the company is insuring approximately 60,000 automobiles, uses the services of about 300 agents and brokers and employs a little more than 100 employees.
The company intends to continue and diversify its lines of business and increase its market share.
Shlomo Insurance Company's declared policy is to work solely through insurance agents and brokers. We cooperate with our agents and brokers and find original ways to turn the alliance beneficial to both parties.
Israel Pickholz, Chairman
Uri Omid, C.E.O