Denmark Insurance Tenders

The Danish insurance market is a well-developed and mature sector, with a high level of penetration and a strong tradition of risk management. The market is characterized by a high degree of competition, with both domestic and international players active. The total premium income of the Danish insurance industry in 2021 was DKK 183.6 billion (EUR 24.4 billion).

The Danish government is a major purchaser of insurance products and services. In 2021, the government spent DKK 11.3 billion (EUR 1.5 billion) on insurance procurement. The government procures a wide range of insurance products and services, including property and casualty insurance, life insurance, and health insurance.

The main insurance products and services procured by the Danish government are:
Property and casualty insurance
Life insurance
Health insurance
Motor insurance
Professional liability insurance

The top authorities for Denmark insurance procurement are:
The Danish Agency for Public Management (Forvaltningsstyrelsen)
The Danish Customs and Tax Administration (Told- og Skattestyrelsen)
The Danish Health and Medicines Authority (Lægemiddelstyrelsen)
The Danish Transport, Construction and Housing Authority (Trafik-, Bygge- og Boligstyrelsen)

The top winners of Denmark insurance procurement in 2021 were:
Tryg (DKK 2.3 billion)
Codan (DKK 1.9 billion)
Gjensidige (DKK 1.8 billion)
Axa (DKK 1.4 billion)
Alka (DKK 1.2 billion)

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