New expansion in the insurance industry in Israel
The international insurance company Kennedys has signed with the Israeli law boutique Zelichov Ben-Dan & Co to hire four of its partners to provide insurance advice in the Middle Eastern country.
This new Kennedys office will specialize in legal insurance advice related to dispute resolution. In particular, they will specialise in insurance claims in the property, construction, engineering, medical and other sectors.
“Joining up with the Zelichov team, whom we have been working with closely for many years, offers great potential for developing our practice in the region further”, added Ben Aram, head of Kennedys’ Israel desk based in London.
“The Israeli insurance market is large and mature, with a number of domestic financial conglomerates,” commented Kennedys senior partner Nick Thomas. “Most large risks are reinsured overseas, often directly into London and the US”.