Migdal Insurance was established in Jerusalem in 1934 by families of businessmen working under the British Mandate, a group of Jewish families from Alexandria, and the Italian insurance company Generali. The name “Migdal” (Hebrew for “tower”) was given by Israel’s national poet Haim Nachman Bialik as a reflection of the strength and security provided to its clients. Indeed, for over 80 years, Migdal has offered clients a rich and diverse selection of insurance, pensions, and financial asset management services, granting them protection and financial security.