70 YEARS OLD, BUT A START-UP The Schneidmann family, that acquired the old established investment house, Moritz & Tuchler and erased its name, will try to repeat its success in the field of Direct Insurance with a similar "alternative" activity in the capital market as well. 18/11/2004   The secretary of Moshe Halperin, the C.E.O. of the investment house that “Direct Insurance” aquired from Yael Moritz a year ago, still answers the telephone “Moritz & Tuchler, shalom.” Even the signs on the historical building, situated opposite the Tel-Aviv Stock ...   AIG-Israel: Owners never considered selling us 11/4/2002   Israel Direct Insurance: There were merger contacts that never ripened and are therefore meaningless. Elazar Levin 11 Apr 02 17:35 "The owners of AIG-Israel never considered selling the company to Israel Direct Insurance," AIG-Israel's ...   Direct Insurance confirms contacts to buy AIG 11/4/2002   Direct Insurance noted that the contacts were only in the preliminary stage. Avi Weinreb 11 Apr 02 12:03 Direct Insurance - Financial Investments confirmed today that it conducted preliminary contacts to buy insurance company AIG Golden Insurance and ...   Discount Bank: No negotiations taking place to sell Discount Mortgage Bank 21/3/2002   Hebrew daily “Maariv” reported that the Schneidman family was conducting negotiations to acquire a control stake in Discount Mortgage Bank, which is owned 65% by Discount Bank. Avi Weinreb 21 Mar 02 15:14 Israel Discount Bank said today in a statement to ...   Direct Insurance profits leap 86% to NIS 32m in 2001 The life insurance branch posted a NIS 1.2 million profit, compared with a NIS 2.3 million loss in 2000. 24/2/2002   Direct Insurance's financials show the company made a NIS 32.35 million net profit in 2001, up 86% from 2000. The after-tax net profit of the group's investment company amounted to NIS 21 million in 2001, a 21% increase, compared with 2000. Profit from non-life ...   Direct Insurance remaining in Tel Aviv, renting 6,000 sqm from Zur Shamir 30/12/2001   The company's management responded to a report that it was about to move to Petah Tikva. Elazar Levin 30 Dec 01 11:52 The Direct Insurance company is retaining its offices at 1 Carlebach St. in Tel Aviv. Company management responded to a report that it ...   Survey: Direct insurance winning customers 26/12/2001   Over 20% of the respondents have transferred at least one type of insurance to the new companies. Globes correspondent 26 Dec 01 15:17 Direct insurance companies have entered the Israeli market in recent years, making huge investments in advertising. ...   Formula Vision acquires 21% of IDIT Technologies for $2 mln 22/10/2001   Formula Vision has an option to increase its holding up to 45%. Direct Insurance’s capital gain on the deal is NIS 6 million. IDIT lost NIS 2.7 mln in the first half of the year. Elazar Levin 22 Oct 01 16:15 Formula Vision yesterday acquired 21% of ...   Comverse rents 1,500 sqm in Nehoshet House at $19 per sqm 18/3/2001   Levinstein sold its 50% share of the building to Adgar Investment & Development, owned by the Schneidman family, for $12 million. Elazar Levin 18 Mar 01 13:34 Comverse has rented 1,500 sq.m. on the sixth floor of Nehoshet House on Nehoshet Street in ...