Ayalon Holdings Ltd. engages in general insurance, life and health insurance, and in the capital market. It operates through the following segments: Life Insurance and Long-Term Savings, Health Insurance, General Insurance, and Others. The Life Insurance and Long-Term Savings segment includes life insurance, management of provident funds, pension funds, and education funds, and long-term savings through insurance policies. The Health Insurance segment includes the nursing industry, medical reimbursement, surgeries, implants, dental coverage, accident insurance, travel insurance, and medical insurance for foreign workers. The General Insurance segment includes automobile insurance, property insurance, and third party insurance. The Others segment includes the operating results of the insurance agencies and the affiliated companies. The company was founded by Levi Yitzhak Rachmani in 1976 and is headquartered in Ramat Gan, Israel.