Harel Insurance Company Ltd. (הראל ביטוח) (Harel Insurance Investments & Financial Services Ltd. (Israel))

Cyber Insurance (ביטוח סייבר)

by Harel Insurance Company Ltd. (הראל ביטוח)

B2BBDirect—MENA / GCCHebrew

Last updated 07.05.2026

Cyber Insurance (ביטוח סייבר) is a cyber insurance product underwritten by Harel Insurance Company Ltd. (הראל ביטוח) (Harel Insurance Investments & Financial Services Ltd. (Israel)), available in Israel. It is aimed at micro-companies and sole traders, small and medium-sized businesses, mid-market companies and large enterprises. Coverage limits reach up to Bespoke (ILS).. The carrier holds an AM Best rating of Not rated by AM Best.. It can be approached directly through the provider.

Product Details§ 01

Max Insurance Limit

Bespoke (ILS).

Min Premium / Revenue

No revenue threshold published

Market Focus

Micro, SME, Mid-market, Large

AM Best Rating

Not rated by AM Best.

MGA / Direct

No – Direct insurer.

Policy Language

Hebrew / English

NIS2 / DORA Support

Not applicable.

War Exclusion

War and nation-state cyber exclusion applied (LMA-aligned). Israeli government schemes absorb war-related property losses; cyber policy structured accordingly.

Geographic Scope

MENA / GCC.

Broker Only

Advantages & Limitations§ 02

Advantages

#1 insurer in Israel by market cap (₪33.4bn, 2025; +151% TASE 2025). Revenue: ₪24.25bn (Feb 2025). Israel cyber market: growing rapidly — Capital Market, Insurance and Savings Authority (CMISA) issued detailed cyber risk-management requirements for financial institutions. Privacy Protection Law and Israeli Cyber Directorate standards compliance. Israel tech ecosystem: one of highest cyber risk awareness globally; 17 Israeli insurtech firms active. Key domestic cyber insurer alongside Phoenix, Migdal, Menora. S&P "A" (Long-term Issuer Credit Rating, Dec 2025).

Limitations

Domestic Hebrew-language product; limited English materials. Market still developing — academic studies note market immaturity.

Contact & Response§ 03

Customer Contact

*2244 / https://www.harel-group.co.il/

24/7 Crisis Hotline

*2244 (24/7 Harel claims hotline).

Broker Contact

https://www.harel-group.co.il/agents

Frequently asked questions§ 04

Who is Cyber Insurance (ביטוח סייבר) designed for?

Cyber Insurance (ביטוח סייבר) by Harel Insurance Company Ltd. (הראל ביטוח) targets micro-companies and sole traders, small and medium-sized businesses, mid-market companies and large enterprises in Israel. Geographic scope: MENA / GCC..

Does Cyber Insurance (ביטוח סייבר) help with NIS2 or DORA compliance?

Harel Insurance Company Ltd. (הראל ביטוח) indicates the following NIS2/DORA support for this product: Not applicable..

How can I buy Cyber Insurance (ביטוח סייבר) in Israel?

You can approach Harel Insurance Company Ltd. (הראל ביטוח) directly (*2244 / https://www.harel-group.co.il/) or via the provider's website. Compare it with alternatives in Israel on Ryskly first.