The targeting of Allianz offices came as vigils were held to remember those killed and taken hostage by Hamas on Oct 7.
Palestine Action claims Israel’s response to Hamas, which has killed as many as 41,000 Palestinians in Gaza, has justified its tactics of direct action against businesses with links to the Jewish state.
Elbit System manufactures over 85 per cent of Israel’s drones, including quadcopters used by the nation’s military to perform targeted attacks.
The group added: “Elbit has publicly advertised its weaponry as being ‘battle-tested’ on Palestinians. Its business operations are central to Israeli war crimes in Gaza, the West Bank and Lebanon, and its technologies uphold the brutal occupation regime.
“These nationwide actions serve as a reminder that, throughout the past 12 months, Western capital has continued to profit from the mass murder of Palestinians.
“If Allianz refuses to understand that dealing with Elbit is immoral, it must be made clear that maintaining its involvement will become increasingly unprofitable.”
A spokesman for Allianz said: “We have had disruption overnight at several of our offices. The safety and security of our colleagues is paramount, and we have closed these sites today. Our operations and service to customers and clients are unaffected. As this is an ongoing police matter we have no further comment at this stage.”
Police said officers were called at 4am to reports of red paint being sprayed onto two buildings in the City of London. They arrested a 19-year-old man on suspicion of criminal damage following a chase on foot. The offices were later sealed off by police.