Ashra IL Overview
- Headquarters
- Tel Aviv, Il
- Website
- www.ashra.gov.il
- Industry
- Insurance
- Employees
- 31
- Founded
- 1957
- Funding
- ,
- NAICS
-
Insurance Carriers and Related ActivitiesAgencies, Brokerages, and Other Insurance Related Activities
About Ashra IL
ASHRA is a government-owned company and is the only Israeli company in its sector. ASHRA was established in 1957 to encourage exports from Israel, to help minimize political and commercial risks, to raise export financing for the mid and long terms (from one year and up to 15 years) and to finance Israeli investments abroad. ASHRA’s policies are fully backed by a state guarantee. ASHRA operates mainly in developing countries, characterized by a high level of commercial and political risks, concerns that agreements will not be honored, and suffering from claims and difficulties in the transfer of funds. ASHRA is involved in significant part of the mid and long-term export transactions to developing countries. Most of the insured countries are located in South East Asia, Eastern Europe and South America. At the end of 2010, ASHRA’s insurance portfolio included export transactions of more than $1 billion in various fields such as industry, infrastructure, medical equipment, energy, communications, agriculture, security equipment, planning and engineering services. ASHRA also offers an insurance of Israeli exports to industrialized and developed countries. ASHRA provides Israeli exporters with a wide range of insurance solutions and advice, enabling them to minimize risks, to receive financing and to immediately recognize income.
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