Phoenix Financial

Today we reported our financial results for the third quarter of 2024 Discover the full details in our presentation below

Phoenix congratulations the graduates of the first underwriting training program in Israel for agents. A joint venture between Phoenix and the Israeli College for Insurance and Finance, the program includes business underwriting theory and fundamentals, practical experience at Phoenix Insurance offices, and professional guidance from underwriters and portfolio managers. Graduates will bring these underwriting skills to their insurance agencies, where they will build capabilities to provide better service for their clients and improved performance and profitability in insurance products.   #Insurance #ProfessionalTraining #Phoenix

Phoenix recently launched an updated app with smooth UX, advanced personalization, and broad functionality including liquid investment solutions, retirement and savings, alternatives, insurance, and credit. We are excited about taking the Israeli financial services client experience to the next level and bringing the best of the group into one innovative, user-friendly platform.

On this somber anniversary of October 7th, our hearts are heavy with remembrance. We honor the memory of those who perished and pay tribute to the fallen's ultimate sacrifice. Our thoughts and prayers remain with the hostages still held captive. In solidarity, we stand united in our grief, our hope, and our resilience. 🎗️

As we approach the Jewish new year in these challenging times, the Phoenix team send our clients, partners, and friends wishes for renewal, strength, and peace.

Phoenix today published 2027 strategic targets and roadmaps, focusing on growth, cashflows, and value creation across our businesses

Today we reported our financial results for the second quarter of 2024. In addition, this week Phoenix Insurance was upgraded to an Aaa.il rating by credit rating agency Midroog, the highest on the Israeli rating scale. Discover performance details in our presentation below. #PhoenixInsurance #CreditRating #AaaRating #Midroog #Q22024Results #FinancialUpgrade

We are pleased to share the 2023 Phoenix Sustainability Report, which highlights our ongoing efforts in environmental, social, and governance (ESG) initiatives. This year, we've taken steps to enhance our approach: ▪       Introduced an ESG index in our compensation model for officers and executives ▪       Measured our investment portfolio's carbon footprint using the PCAF methodology ▪        Submitted our report for external audit by KPMG Some notable outcomes from 2023 include: ▪        10% reduction in direct carbon footprint (2019-2023) ▪        32 carbon intensity of assets (tons of CO2 equivalent per NISm invested); first in the industry to measure Scope 3 ▪        10 billion NIS in environmental impact investments to date ▪        Women make up 31% of our senior management team ▪        Active stewardship - 52 proxy voting on ESG issues We are grateful to have received the Ma'ala Platinum Plus rating, which we view as encouragement to continue our sustainability journey Full report in Hebrew: https://lnkd.in/dY-zEstq Full report in English: https://lnkd.in/dgKQEhib

Phoenix has been awarded the highest Platinum Plus ranking in the Maala Index for Corporate Responsibility. This index, Israel's leading CSR advocate since 2003, recognizes companies prioritizing social responsibility and community involvement. We're honored by this recognition and remain committed to positively impacting our community, country, and environment.

Phoenix was ranked #1 in the Israel Insurance Sector by Duns & Bradstreet for 2024 🏆, reflecting the group's continued growth, strong performance, robust financial position, and diverse activities. 🚀 Read more about our ranking and industry performance here: https://lnkd.in/dgTcXeJb