Overview

The Australian Government has awarded 8,185 contracts worth $1.58B in the Insurance Services procurement category (UNSPSC family 8411), spanning 20 years (2007–2026). This spending covers 1,653 distinct suppliers and 149 government agencies. The largest buyer is Australian National Audit Office, and the most-awarded supplier is KPMG. Year-over-year spending has decreased by 41%. There are currently 254 contracts worth $160.9M expiring within the next 12 months, representing potential recompete opportunities.

Key Metrics

8,185Total contracts
$1.58BTotal value
1,653Suppliers
149Agencies
$193KAvg contract
254Expiring (12mo)

Annual Spending

↓ 41% YoY

Government spend on Insurance Services over time. Hover bars for details.

$0 $49.9M $99.8M $149.7M $199.7M 2012: $31.0M (82 contracts) 12 2013: $141.6M (743 contracts) 13 2014: $101.7M (768 contracts) 14 2015: $113.0M (718 contracts) 15 2016: $89.7M (748 contracts) 16 2017: $73.4M (681 contracts) 17 2018: $126.9M (671 contracts) 18 2019: $102.9M (730 contracts) 19 2020: $199.7M (584 contracts) 20 2021: $112.1M (631 contracts) 21 2022: $121.2M (643 contracts) 22 2023: $104.4M (391 contracts) 23 2024: $103.5M (312 contracts) 24 2025: $57.7M (248 contracts) 25 2026: $12.4M (56 contracts) 26

Top 10 Suppliers

Largest suppliers in Insurance Services by total contract value awarded.

#SupplierContractsValueShare
1 KPMG 514 $118.9M 7.5%
2 Ernst and Young 124 $86.8M 5.5%
3 Ernst & Young 146 $69.9M 4.4%
4 Pricewaterhouse Coopers 71 $64.7M 4.1%
5 Deloitte Touche Tohmatsu 169 $63.4M 4.0%
6 KPMG Australia 125 $60.2M 3.8%
7 RSM Australia Pty Ltd 118 $34.9M 2.2%
8 DELOITTE 12 $29.8M 1.9%
9 PricewaterhouseCoopers 126 $24.9M 1.6%
10 Synergy Group Australia Pty Ltd 90 $23.0M 1.5%

Top 10 Agencies

Government agencies with the most spending in Insurance Services.

#AgencyContractsValue
1 Australian National Audit Office 980 $360.1M
2 Department of Defence 368 $139.5M
3 Department of Home Affairs 131 $87.8M
4 Services Australia 410 $76.9M
5 Clean Energy Regulator 849 $76.1M
6 Aged Care Quality and Safety Commission 271 $75.6M
7 Department of Finance 102 $55.6M
8 Department of Education 386 $53.0M
9 Department of Health and Aged Care 280 $45.5M
10 Department of Veterans' Affairs 111 $40.5M

Parent Category

Financial & Insurance UNSPSC Segment 84 · 10,941 contracts · $8.08B · 2,293 suppliers

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Search all contracts · Browse all suppliers · Browse all agencies · Procurement map · Financial & Insurance overview · KPMG · Australian National Audit Office · Financial & Insurance — Code 8413