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Tech & Financearutzsheva

The Treasury published the largest car insurance tender in Israel for 2027

The tender is intended for state employees, retirees, and for the first time also for permanent service members in the IDF, with an annual activity volume of more than 400 million shekels.

— arutzsheva

Assessment

The Finance Ministry has published a tender for what it describes as Israel's largest vehicle insurance policy, covering state employees, pensioners, and for the first time, career military personnel. The annual scope of over 400 million shekels indicates a significant consolidation of public sector purchasing power. This move could reshape the insurance market by creating a massive, stable client pool, potentially driving down premiums or altering coverage terms for these groups. The inclusion of career soldiers marks a notable expansion of the program's reach.

Read full article at arutzsheva →