The Israel Export Insurance Corp. Ltd. (ASHRA) | Export Credit Agency (ECA) in Israel

Export Credit Agency (ECA) in Israel

Trade Finance Global / Export Finance | The 2022 Ultimate Guide for Exporters | TFG Business Hub / Export Credit Agencies (ECAs) | ECA Finance / The Israel Export Insurance Corp. Ltd. (ASHRA) | Export Credit Agency (ECA) in Israel

The Israel Export Insurance Corp. Ltd. (ASHRA) |
Export Credit Agency (ECA) in Israel
Ashra Logo

ASHRA is a government-owned company and is the only Israeli company in its sector.

ASHRA was established in 1957 to encourage exports from Israel, to help minimize political and commercial risks, to raise export financing for the mid and long terms (from one year and up to 15 years) and to finance Israeli investments abroad. ASHRA’s policies are fully backed by a state guarantee.

ASHRA operates mainly in developing countries, characterized by a high level of commercial and political risks, concerns that agreements will not be honoured, and suffering from claims and difficulties in the transfer of funds. ASHRA is involved an insignificant part of the mid and long-term export transactions to developing countries. Most of the insured countries are located in South East Asia, Eastern Europe and South America. At the end of 2010, ASHRA’s insurance portfolio included export transactions of more than $1 billion in various fields such as industry, infrastructure, medical equipment, energy, communications, agriculture, security equipment, planning and engineering services.

ASHRA also offers insurance of Israeli exports to industrialized and developed countries. ASHRA provides Israeli exporters with a wide range of insurance solutions and advice, enabling them to minimize risks, to receive financing and to immediately recognize income.

A summary of The Israel Export Insurance Corp. Ltd.

The Israel Export Insurance Corp. Ltd. (ASHRA) – Benefits of using an ECA in Israel

  •  Insurance coverage
  •  Agreements and International Contracts
  • Help with adjustment to Changing Situations

What types of products and services does The Israel Export Insurance Corp. Ltd. (ASHRA) offer in Israel?

 

Here is a list of different products and services offered by ASHRA:

  • Investment
  • Buyer’s credit loan agreement
  • Pre-Shipment – Export Contract
  • Supplier’s credit
  • Credit line loan agreement

History of The Israel Export Insurance Corp. Ltd. (ASHRA)

 

ASHRA was established in 1957 to encourage exports from Israel, to help minimize political and commercial risks, to raise export financing for the mid and long terms (from one year and up to 15 years) and to finance Israeli investments abroad. ASHRA’s policies are fully backed by a state guarantee.

ASHRA operates mainly in developing countries, characterized by a high level of commercial and political risks, concerns that agreements will not be honoured, and suffering from claims and difficulties in the transfer of funds. ASHRA is involved in an insignificant part of the mid and long-term export transactions to developing countries. Most of the insured countries are located in South East Asia, Eastern Europe and South America. At the end of 2010, ASHRA’s insurance portfolio included export transactions of more than $1 billion in various fields such as industry, infrastructure, medical equipment, energy, communications, agriculture, security equipment, planning and engineering services.

ASHRA also offers an insurance of Israeli exports to industrialized and developed countries. ASHRA provides Israeli exporters with a wide range of insurance solutions and advice, enabling them to minimize risks, to receive financing and to immediately recognize income.

Cars and Vehicles – One of the biggest exports globally, we’re experts in trading automobiles, working with car dealerships and fleet management services

Read more

Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio

Read more

Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals

Read more

Explore Export Credit Agencies around the world with our ECA finder

Key Stats

Name:

The Israel Export Insurance Corp. Ltd. (ASHRA)

Country:

Israel

CEO Information:

David Klein

Founded:

1957

Employees:

80

Government:

Israel Government

Address:

Our office is located at 65 Menachem Begin Rd. POB 20208, Tel-Aviv-Yafo, Israel, 6120102

About the Author

Deepesh Patel is Editorial Director at Trade Finance Global (TFG). In this role, Deepesh leads efforts in developing TFG’s brand, relationships and strategic direction in key markets, including the UK, US, Singapore, Dubai and Hong Kong.

Deepesh regularly chairs and speaks at international industry events with the WTO, BCR, Excred, TXF, The Economist and Reuters, as well as industry associations including ICC, FCI, ITFA and BAFT.

Deepesh is the host of the ‘Trade Finance Talks’ podcast and ‘Trade Finance Talks TV’. He is co-author of ‘Blockchain for Trade: A Reality Check’ with the ICC and the WTO, alongside other industry research.

In addition to his work at TFG, Deepesh is a Strategic Advisor for WOA, and works closely with ITFA. He also sits on the Fintech Working Group of the Standardised Trust.

Prior to TFG, Deepesh worked at Travelex where he was responsible for the cards business and the Travelex Money app in Europe, NAM, UK and Brazil. Deepesh is Chair of Governors and co-opted LA Governor of the Wyvern Federation, which has responsibility for 5 primary schools in South London.

Back to Top