POLICY - May 2022

POL I CY The Israeli Insurance, Pension & Finance Newspaper 36 Special edition 2022 Oded Haimov, Managing Director of WTW Israel: “With us becoming WTW Israel our clients can expect the same excellent quality service they received from the Leaderim team over decades, now backed and supported by the global reach and superior data and analytics capabilities that WTW is known for As of February 1st, 2022, the major insurance broker previously named “Leaderim Insurance Brokers (1995) Ltd.” has become WTW Israel, after WTW acquired ownership interest in the local broking firm WTW (previously: Willis Towers Watson) is a leading global broking and solutions company, helping clients around the world turn risk into a path for growth. With roots dating to 1828, WTW has over 45,000 employees serving more than 140 countries and markets. WTW designs and delivers solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. WTW’s unique perspective allows it to see the critical intersections between talent, assets, and ideas — the dynamic formula that drives business performance. As part of WTW’s global strategy to work with high-performing, highpotential businesses in thriving markets, welcoming Leaderim into the team served to strengthen the group’s footprint and capabilities in Israel and in the Middle East, while enabling Leaderim to benefit from leveraging WTW’s global expertise and reach. Leaderim has been one of the top insurance brokers in Israel for more than 20 years, with a team of 50 experts offering a wide range of commercial insurance solutions to its clients in Israel and abroad, ranging from complex multinational property and casualty programs, to bespoke special risk coverages, such as D&O, Cyber, Credit, Commercial and Financial E&O, M&A Risks, etc. WTW Israel specializes in arranging commercial insurance portfolios and providing insurancerelated services for clients with a professional, dynamic, and innovative approach. For more than two decades it has specialized in formulating tailor-made insurance solutions for its different clients’ diversified needs and servicing Israeli corporations, operating locally and worldwide. Its staff is comprised of account executiveswithmore thanacentury’s worth of combined experience in the insurance industry, servicing clients with unparalleled professionalism, from insurance aspects of intricate and delicate agreements, to assisting in dealing with large and complex legal claims. WTWIsrael’sever-growingclientele includes leading Israeli companies in the fields of industry, commerce, capital markets and finance, hi-tech and biotech, aviation, infrastructure, and energy. Oded Haimov, Managing Director of WTW Israel, said: “With us becoming WTW Israel, and in joining the #OneWTW family, our clients can expect the same excellent quality service they received from the Leaderim team over decades, now backed and supported by the global reach and superior data and analytics capabilities that WTW is known for. Within the past few months, after becoming WTW Israel, we have already begun to see the major advantages that WTW brings to the table and how this transition can serve to broaden our already vast range of capabilities, services, and solutions.” He continued: “WTW is a major global broker that believes in the Israeli market, in the long term. This vote of confidence has led to the next step in our evolution, allowing us to work alongside global colleagues at WTW, who are now just a phone call away, thus providing our clients with easy access to global markets, additional complex and bespoke solutions, and amazing data and analytics capabilities, for which WTW is well known. Our transformation into WTW Israel is good news for businesses of all types and sizes in Israel, boosting the local competition with a major player in the global market, now having “boots on the ground” in Israel. Through us, existing clients, as well as new ones, will be able to receive improved day-to-day servicing, as well as insurance products providing superior coverage..” Looking to the future, Haimov noted: “For us, this is no time to rest, and we will keep working hard to provide the best possible service and solutions for each and every one of our clients. We are already well underway towards opening new practices here in Israel that have never been part of the local insurance market. We are very excited for what’s to come”. Leaderim Insurance Brokers (1995) Ltd. is now WTW Israel Oded Haimov

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