ICIC - Israel Credit Insurance Company Information

ICIC – The Israeli Credit Insurance Company, is the leading credit insurer in Israel. ICIC has been insuring credit since 1957 and today insures sales totaling over $16 billion annually, in both local and foreign trade transactions. ICIC is an equal partnership company, jointly owned by ALLIANZ TRADE – the largest credit insurer in the world, and Harel Insurance Investments and Finances Ltd – the largest insurance company in Israel. ICIC insures credit in 140 countries and the company’s 500 policyholders include many of the leading companies in Israel and their subsidiaries around the world. ICIC offers varied and advanced credit insurance services including medium-term transactions insurance, as well as programs assisting in obtaining finance and performance guarantees for both domestic and export purposes. Our lines of bonds and guarantees written are Bid bonds, Advance Payment bonds, Performance bonds and Custom bonds. ICIC works closely with leading reinsurers around the world and has an Aa1 local rating with a stable forecast and A2 stable forcast intrnational rating by Moody's.