Dr. Kahane is active in both the academic and business areas.
He is a professor of insurance and finance, Faculty of Management, Tel-Aviv University.
He founded and served as first dean for the Israel Academic School of Insurance. He
served as Director of the Erhard Insurance Center, directed the Actuarial studies program, and
coordinated the Executives Development Programs of Tel-Aviv University. He is a life and non-life
actuary. He has educated many executives and actuaries in Israel.
Dr. Kahane has taught at universities around the Globe, including the Hebrew University of
Jerusalem, the University of Florida, the University of Toronto, the Wharton School of the
University of Pennsylvania, the University of Texas at Austin.
In addition, he presented a large number of courses around the world (e.g., in IESA
Caracas, the Actuarial Summer School at Warsaw University, In Portugal, at the Bosphorus
University in Turkey, and many other schools). He has founded, and directed the Chartered Life
Underwriters program - CLU (Israel) Program.
Dr. Kahane, the author of several books and numerous articles, was ranked among the most prolific
researchers in insurance in the last decade. (JRI, June 1990) Dr. Kahane has served as an
associate editor of the leading journals on risk and insurance. He has taught courses in
technological forecasting (the first teacher of this subject in Israel), finance, insurance and
actuarial topics. His research focus is on the portfolio implications for insurance, rate-making,
automobile insurance, natural hazards, pension and life insurance, reserving.
Prof Kahane has also a rich entrepreneurial experience. He is a co-founder, director, and major
shareholder in Ituran Location and Control, traded on Nasdaq (ITRN) and the major list of Tel Aviv
Stock Exchange. He was a co-initiator of the concept of new balanced pension funds,
and was the co-founder and coowner of the managing firm of the first fund in Israel (Teshura),
that became the fourth largest fund. He is highly involved in the formation and management of
start-up companies in a variety of high-tech areas, specializing in seed money investments. He
owns a seed money investment company and the Weizman Hi-Tech Incubator, and he is a co-owner of
Capital Point Ltd. which owns Ofakim and Kazrin technological incubators. In addition he is
involved in many voluntary activities (e.g., Chairman of the Association of Blind People in Sharon
District, Or Yarok an association for prevention of traffic accident victims, The Assoc.
for Delaying Age Related Processes, etc.).
He started his business career in a large multinational corporation, and in the management of
various businesses. In addition he served as a consultant on risk management, insurance and
actuarial and financial topics to the government, large organizations, and major companies both in
Israel and internationally. Dr. Kahane has served on the Israeli Insurance Council and on several
government committees on a variety of insurance topics. He earned a B.A. in Economics and
Statistics, 1965, an M.A. in Business Administration, cum laude, 1967 and Ph.D. in Finance, 1973
from the Hebrew University of Jerusalem. He is a Life and Non-Life actuary.
He is married to Rivka (maiden name: Trieber), has 3 children and 3 (great ) grandchildren.