Indeed, at the very beginning of the discussion

of the issue of combining the licenses of the management israel telegram data company and the insurer for the management of assets within the life insurance contract, the discussion was about a symmetrical possibility. It was assum that just as insurers would be able to obtain a management company license, so the management companies could come for an insurer license.

However, in the course of further dialogue

an agreement was reach that the management companies combining their activities with insurers would only manage mutual funds creat for life insurance contract consumers. In such a situation, obtaining an insurance license for the management company loses its meaning, since it would have to give up other business on managing mutual funds not for life insurance contract consumers. Therefore, the idea of ​​​​the management company obtaining an insurer license was no longer discuss. In its final version, the law on life insurance contract assumes that only an insurer can obtain sms marketing campaigns increase engagement rates a management company license, and only policyholders under life insurance contract agreements can be shareholders in its mutual fund.

The time to apply for relat licenses?

— Life insurers who decide to independently manage ao lists clients’ assets within the framework of the Life Insurance Fund will be able to apply for management company licenses from January 1, 2025.

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