Gibraltar Insurance Tenders

Gibraltar's insurance market is a well-established and respected jurisdiction, with over 40 licensed insurers currently writing new business. The market is regulated by the Gibraltar Financial Services Commission (GFSC), which ensures that insurers meet high standards of solvency and risk management. Gibraltar is a popular location for insurers due to its favorable tax regime, robust regulatory environment, and strong access to the UK market.

The Gibraltar government procures a wide range of insurance products and services, including general liability, motor, property, and health insurance. The government's procurement process is transparent and competitive, and it is committed to ensuring that it gets the best possible value for money. In 2022, the Gibraltar government spent over £10 million on insurance products and services.

The main insurance products and services procured by the Gibraltar government include:
General liability insurance
Motor insurance
Property insurance
Health insurance
Professional indemnity insurance
Marine insurance

The top authorities for Gibraltar insurance procurement are:
Gibraltar Financial Services Commission (GFSC)
Ministry of Finance
Government Procurement Office

The top winners of Gibraltar insurance procurement contracts in recent years include:
Axa
RSA
Zurich
Hiscox
Aviva

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