About us

ASHRA – The Israel Export Insurance Corp. Ltd. is a company fully owned by the Israeli government. ASHRA encourages Israeli exports by insuring medium and long term export credit transactions (one to ten years) and investments abroad.

The Company changed its name from "The Israel Foreign Trade Risks Insurance Company (IFTRIC)" to "ASHRA – The Israel Export Insurance Corporation Ltd." in September 2005.

The Company has extensive working relationships with the international insurance and business communities. Since its establishment in 1957, ASHRA has been offering Israeli exporters a range of advanced insurance solutions, enabling them to mitigate risks and raise financing. The Company also provides Israeli exporters with updated reliable information on macro-economic and political events in their respective buyers' countries. Thus, ASHRA "makes it safe" for Israeli exporters. ASHRA offers its customers insurance cover of up to 95% against political risks and up to 90% against commercial risks.

Political Risks

*	War, political upheaval, riots.
*	Expropriation, nationalization, confiscation.
*	Limitations on the exchange or transfer of hard currency.

  Commercial Risks

*	Bankruptcy
*	Protracted default.

ASHRA is involved in approximately 80% of Israeli medium and long term export transactions to developing countries, mostly in South Eastern Asia, Eastern Europe and South America. At the end of 2001, the ASHRA export credit insurance portfolio exceeded $1.0 billion including transactions in a wide range of fields: industry, infrastructure, high tech (medical equipment and communications), energy, agriculture, military industries and engineering services