Menora Mivtachim is an Israeli insurance company that is publicly traded on the Tel Aviv Stock Exchange. The company was founded in 1935 as General Liability Office and changed its name to Menora Mivtachim Holdings in 2006. It is headquartered in Tel Aviv, and its products include "life assurance, health insurance, car insurance, business insurance and personal insurance." In January 2018, it was described by The New York Times as "one of Israel's largest financial institutions." In 2009, The Israeli Ministry of Finance led a probe into Menora Mivtachim funds. In 2010, the company was fined $3.9 million (2010 USD) for issuing loans without requisite securities. Menora cooperated with the investigation and addressed the issues that surfaced. More information...
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