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The Italian insurance market is the fourth largest in Europe, with a total premium income of €92.9 billion in 2021. The market is dominated by life insurance, which accounted for 53% of total premiums in 2021. Non-life insurance accounted for 47% of total premiums, with motor insurance being the largest non-life segment, accounting for 28% of total premiums.
The Italian government is a major buyer of insurance products and services. In 2021, the government spent €10.4 billion on insurance, making it the second largest buyer of insurance in Italy after households. The government procures a wide range of insurance products and services, including motor insurance, health insurance, property insurance, and liability insurance.
The main insurance products and services procured by the Italian government are:
Motor insurance: The government procures motor insurance for its fleet of vehicles, which includes cars, trucks, buses, and motorcycles.
Health insurance: The government procures health insurance for its employees and their families.
Property insurance: The government procures property insurance for its buildings and other assets.
Liability insurance: The government procures liability insurance to protect itself against claims of negligence or wrongdoing.
The top authorities for Italy insurance procurement are:
Ministero dell'Economia e delle Finanze (MEF): The MEF is the ministry of economy and finance, which is responsible for overseeing the government's procurement activities.
Agenzia per l'Italia Digitale (AgID): The AgID is the agency for digital Italy, which is responsible for developing and implementing the government's digital procurement strategy.
Consip: Consip is a central purchasing body that provides procurement services to the government and other public bodies.
The top winners of Italy insurance procurement are:
Generali: Generali is the largest insurance company in Italy by market share.
UnipolSai: UnipolSai is the second largest insurance company in Italy by market share.
Poste Vita: Poste Vita is a life insurance company that is owned by Poste Italiane, the Italian postal service.
Axa: Axa is a French insurance company that has a significant presence in the Italian market.
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