Australia Insurance Tenders

The Australian insurance market is a mature and competitive landscape, with a total gross written premium (GWP) of over AUD140 billion in 2022. The general insurance segment accounts for the largest share of the market, followed by life insurance and private health insurance.

The Australian government is a significant buyer of insurance products and services, spending over AUD5 billion annually. The main categories of insurance procured by the government include:
Public liability insurance
Workers' compensation insurance
Professional indemnity insurance
Cyber insurance
Property insurance

Main Insurance Products and Services Procured by Australian Government
Public liability insurance: This type of insurance covers the government against claims arising from personal injury or property damage caused by its activities or operations.
Workers' compensation insurance: This type of insurance covers government employees against injury or disease sustained while working.
Professional indemnity insurance: This type of insurance covers government employees against claims arising from professional negligence.
Cyber insurance: This type of insurance covers the government against financial losses arising from cyber-attacks.
Property insurance: This type of insurance covers government property against damage or loss.

Top Authorities for Australia Insurance Procurement
Australian Government Procurement (AGP)
Department of Finance
Department of Defence
Department of Health
Department of Education

Top Winners of Australia Insurance Procurement
QBE Insurance Group
Suncorp Group
Allianz Australia
Insurance Australia Group (IAG)
Zurich Financial Services

Tags -
Australia insurance tenders, free Australia insurance tenders, accidental insurance, Australia medical insurance, banking insurance, government insurance tenders Australia, risk insurance, Australia insurance services tenders, Australia insurance consultancy tenders, building insurance tenders