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Office: 63 Chulia Street, OCBC Centre East, #15-01, Singapore, 049514
Main contacts:
[email protected]-Technical supports and inquiries
[email protected]-Free online reputation consulting services
[email protected]-Sales inquiries
Business Hours: Mon. - Fri. (11.00-19.00)
Time zone (Singapore)
DMCA.com Protection Status
Copyright © TrustFinance 2022 | V.2.0

TrustFinance is trustworthy and accurate information you can rely on. If you are looking for financial business information, this is the place for you. All-in-One source for financial business information. Our priority is our reliability.

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Shlomo Holdings

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Israel

Founded in

1974 (52 Years)

Founded

Last online: No recent activity

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(968 reviews)

foundedInSingapore

2020

(5 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Company Information

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Get to know Shlomo Holdings

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Company Information

Get to know Shlomo Holdings

Founded by the late Shlomo Shmeltzer, Shlomo Holdings Ltd. has grown into one of Israel's largest and most prominent investment and service groups. The company, which is publicly traded on the Tel Aviv Stock Exchange (TASE), operates through a portfolio of subsidiaries across several key sectors. Its core businesses include automotive services (vehicle leasing, rental, sales, and maintenance), insurance (Shlomo Insurance), finance and credit, shipyards and port services, logistics, and real estate. The group's mission is to provide a comprehensive range of high-quality services to both private and business customers, leveraging its scale and diverse expertise.

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Industry

  • Financial InvestmentPRIMARY
  • Financial Insurance

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Summarization

Shlomo Holdings Insurance Review: A Deep Dive

This comprehensive review delves into Shlomo Holdings Insurance, exploring its history, insurance offerings, pricing, customer service, and overall suitability for potential clients. While detailed public information on Shlomo Holdings' insurance arm is limited, we'll examine what is available and highlight the need for further direct inquiries to gain a complete picture.

Overview: From Car Rentals to Insurance

The Shlomo Group, founded in 1969 by Shlomo Shmeltzer, boasts a rich history beyond its insurance branch. Initially focused on car rentals, leasing, and automotive services, the company has significantly diversified over the years. Key milestones include:

  • 1969: Founding of the Shlomo Group as a car rental and automotive services company.
  • 2002: Acquisition of the Sixt license for operations in Israel, marking a significant expansion in the automotive sector.
  • 2003: Acquisition of Afcon, a holding group specializing in infrastructure, electromechanical systems, and communication, demonstrating diversification beyond automotive services.
  • 2005: Establishment of Shlomo Romania, expanding the car rental and leasing business internationally.
  • 2007: Addition of Shlomo Real Estate to the group's portfolio, showcasing diversification into the real estate market.
  • 2008: Founding of Shlomo Insurance, marking entry into the insurance sector.
  • 2015: Sponsorship of the Drive in Arena, now known as the Shlomo Group Arena, enhancing brand visibility.
  • 2017: Acquisition of BYD Auto's business activities, leading to the import of cars and electric buses.
  • 2018: Establishment of the Shlomo Shmeltzer Institute for Smart Transportation at Tel Aviv University, showcasing a commitment to innovation and research.
  • 2020: Launch of Shlomo Sixt SHARE, a car-sharing service operating across numerous Israeli municipalities.
  • 2022: Establishment of Shlomo Motors in collaboration with Champion Motors, focusing on the marketing of private electric vehicles from BYD.

This timeline illustrates the Shlomo Group's consistent growth and diversification, positioning it as a major player in various sectors within Israel and beyond. However, specific details regarding the insurance arm's independent growth and milestones require further investigation directly with the company.

Regulatory Compliance and Licenses

While the Shlomo Group operates under various licenses and certifications across its diverse businesses, precise details regarding Shlomo Insurance's specific licenses and certifications remain unavailable through publicly accessible resources. It's crucial for potential customers to directly contact Shlomo Insurance or check their official website for this essential information.

Insurance Products and Services

The range of insurance products offered by Shlomo Insurance is currently unclear from publicly available information. While it is likely they offer auto insurance and potentially property insurance, the precise types of coverage and policy details are not readily available. To understand the specific products, coverage options, and policy details, prospective clients must consult the official Shlomo Insurance website or contact them directly.

Similarly, information on additional services like financial advisory and claims assistance is scarce. It is recommended that interested parties seek clarification from Shlomo Insurance regarding these offerings.

Premiums and Pricing

Determining the pricing structure for Shlomo Insurance proves challenging due to the lack of public information on premium rates. To obtain an accurate price quote and perform a comprehensive comparison with industry averages, prospective customers are encouraged to contact Shlomo Insurance directly or access their online quoting tools, if available.

Information on discounts, such as multi-policy discounts, safe driver discounts, or loyalty programs, is also unavailable. Direct inquiry with Shlomo Insurance is necessary to ascertain available discounts and promotional deals.

Customer Service and Support

The precise customer service channels offered by Shlomo Insurance are currently unspecified. While phone support might be available, confirmation on other channels such as live chat, email, or multilingual assistance requires contacting Shlomo Insurance or reviewing their official website. The availability of 24/7 support remains unconfirmed and needs verification.

Pros and Cons of Shlomo Holdings Insurance

Due to the limited publicly available data, a definitive list of pros and cons is difficult to compile. While the association with a large and established group like Shlomo Holdings might suggest stability and potentially comprehensive coverage, the lack of specific details prevents a thorough evaluation of advantages and potential drawbacks.

Potential customers should independently assess the offerings and services provided by Shlomo Insurance to determine its suitability based on their individual needs and preferences.

Conclusion and Recommendations

Shlomo Holdings Insurance operates within a diverse and successful conglomerate. However, significant information regarding its insurance products, pricing, and customer service is unavailable through readily accessible sources. This necessitates direct interaction with Shlomo Insurance to obtain the necessary information before making any decisions.

While individuals in Israel looking for comprehensive insurance might consider Shlomo Holdings as a potential provider, thorough research via direct contact is essential to evaluate whether their specific needs and expectations are met.

Frequently Asked Questions about Shlomo Holdings Insurance

Due to the limited public information, a comprehensive FAQ section cannot be provided. To obtain answers to specific questions regarding policies, claims processes, coverage details, and other pertinent inquiries, it is strongly recommended that potential clients contact Shlomo Insurance directly through their official website or designated customer service channels.

Key Takeaways

  • Shlomo Holdings Insurance operates within a large and diversified corporate group.
  • Detailed information on insurance products, pricing, and customer service is not publicly available.
  • Direct contact with Shlomo Insurance is crucial for obtaining accurate and complete information.
  • Independent research is recommended before choosing Shlomo Holdings Insurance.

References

[1] https://en.wikipedia.org/wiki/Shlomo_Group

[2] https://en.shlomo.co.il

[3] https://en.shlomo.co.il/about-us-shlomo-group/about-shlomo-holdings

[4] https://en.shlomo.co.il/home/about-us-odot-shlomo

[5] https://en.shlomo.co.il/about-us-shlomo-group/about-shlomo-insurance

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