Accord Insurance Group Joins Assurex Global

COLUMBUS, OHIO – Accord Insurance Group in Tel Aviv, Israel, joined Assurex Global effective August 8, 2022.

Accord Insurance Agency Ltd. has a legacy of over 70 years in the Israeli market, owned by Yuval Cohen, who is the founder and Managing Partner of Fortissimo, the second biggest private equity in Israel. It is one of the five largest insurance agencies in Israel.

This firm is now included in the 100 independent brokerages of the worldwide Partnership.

The addition of Accord is part of Assurex Global’s ongoing strategy to add multiple Partner firms in 2022 as it continues to grow and enhance its offerings. Partner firms must meet stringent selection standards, so clients know they’re working with the best when choosing an Assurex Global Partner.

“The addition of Accord to our Partnership will give us the strong representation we need in Israel and further strengthen our reach and capabilities both in the Europe/Middle East/Africa region as well as worldwide,” said Assurex Global President & CEO Dean Hildebrandt. “As a best-in-class firm in the industry, their election helps us further our practice of being active participants in our Partners’ growth.”

Accord is a merger of three insurance agencies: G.I.B.O. Insurance Agency Ltd, with 70 years of experience in the insurance market; A. Shpak Insurance Agency Ltd, with over 60 years of experience in the insurance market; and Kesh Insurance Agency (1997) Ltd, which was established in 1997. The three agencies merged in 2017 after the acquisition by Yuval Cohen.

Accord’s industry specialties include Automobile/Auto Parts Manufacturers, Chemicals, Construction, Distributors/Wholesalers, Electrical Equipment, Energy/Oil &Gas/Utilities, Manufacturing, Motor Carriers, Real Estate/Property Developers, and Transportation/Trucking, among others. It delivers its expertise in commercial P&C, personal P&C, and employee benefits.

“Accord’s strength is in providing professional, advanced solutions alongside personal, professional, and courteous service,” said Accord CEO Hezi Ovadia. “Joining Assurex Global will ensure that we can continue to provide that, but with the added strength of Partner firms across the world who share those same values.”