Gornitzky & Co. handles work for five of the largest insurance companies in Israel, notably in class actions, finance matters, and M&A transactions, as well as assisting with regulatory and tax issues. Experienced litigator Harel Shaham leads the firm’s insurance work. He recently worked with firm chairman Pinhas Rubin to defend a series of class actions against large domestic insurers concerning allegations of the unlawful collection of funds from insured members; a recent Supreme Court decision found in favour of the insurers.

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Key clients

  • Menorah Mivtachim Holdings Ltd.
  • The Phoenix Holdings Ltd.
  • Migdal Insurance & Financial Holding Ltd.
  • Clal Insurance Enterprises Holdings Ltd.
  • Menorah Mivtachim Capital Raising Ltd.
  • Harel Insurance Ltd.
  • Excellence Nessuah Provident Funds Ltd.
  • Bank Hapoalim B.M.
  • Migdal Makefet Pension and Provident Funds Ltd.
  • Guy Carpenter & Company
  • Affinity Partners
  • Knighthead Annuity & Life Assurance Company
  • Meitav Dash Investments Ltd
  • Ayalon
  • Amitim
  • Canaf - Clal FIinancial Management Ltd.
  • IDB Development Corporation Ltd.
  • Shomera Insurance Company LTD.
  • DavidShield Insurance Company Ltd.
  • S. SHLOMO Insurance Company Ltd.

Work highlights

  • Representing Clal Insurance Group and Menorah Insurance Group in a precedential 1.2bn class action regarding the effect of Covid-19 on insurance premiums.
  • Representing Harel Insurance Group and Clal Insurance Group in a Motion to Approve a Class Action in the matter of Insurance and Pension Funds Taxation, in a scope of NIS300m.
  • Representing Harel Insurance Group and Menorah Mivtachim Insurance Group, in a NIS2bn class action pending before the Israeli Supreme Court, in the matter of  renumeration of pension insurance agents.

Practice head

The lawyer(s) leading their teams.

Harel Shaham

Other key lawyers

Pinhas Rubin