Overview

The Australian Government has awarded 1,713 contracts worth $1.54B in the Financial & Insurance — Code 8413 procurement category (UNSPSC family 8413), spanning 19 years (2008–2026). This spending covers 300 distinct suppliers and 112 government agencies. The largest buyer is Department of Defence, and the most-awarded supplier is COMCOVER MEMBER SERVICES. Year-over-year spending has decreased by 31%. There are currently 81 contracts worth $161.8M expiring within the next 12 months, representing potential recompete opportunities.

Key Metrics

1,713Total contracts
$1.54BTotal value
300Suppliers
112Agencies
$902KAvg contract
81Expiring (12mo)

Annual Spending

↓ 31% YoY

Government spend on Financial & Insurance — Code 8413 over time. Hover bars for details.

$0 $55.3M $110.5M $165.8M $221.1M 2012: $2.0M (8 contracts) 12 2013: $80.2M (138 contracts) 13 2014: $105.5M (141 contracts) 14 2015: $136.0M (164 contracts) 15 2016: $189.7M (146 contracts) 16 2017: $127.6M (171 contracts) 17 2018: $70.3M (136 contracts) 18 2019: $76.4M (124 contracts) 19 2020: $113.0M (132 contracts) 20 2021: $136.9M (151 contracts) 21 2022: $55.5M (105 contracts) 22 2023: $75.3M (75 contracts) 23 2024: $221.1M (70 contracts) 24 2025: $138.4M (91 contracts) 25 2026: $7.4M (7 contracts) 26

Top 10 Suppliers

Largest suppliers in Financial & Insurance — Code 8413 by total contract value awarded.

#SupplierContractsValueShare
1 COMCOVER MEMBER SERVICES 8 $203.2M 13.2%
2 MARSH PTY LTD 37 $196.8M 12.7%
3 Comcare Australia 94 $146.8M 9.5%
4 Comcover 186 $113.4M 7.3%
5 Gallagher Bassett Services Pty Ltd 8 $105.0M 6.8%
6 Comcare 157 $98.0M 6.3%
7 COMCARE 57 $96.4M 6.2%
8 COMCARE AUSTRALIA 58 $77.9M 5.0%
9 COMMONWEALTH SUPERANNUATION 5 $45.5M 2.9%
10 ARTHUR J GALLAGHER AND CO (AUS) LIMITED 1 $37.9M 2.5%

Top 10 Agencies

Government agencies with the most spending in Financial & Insurance — Code 8413.

#AgencyContractsValue
1 Department of Defence 86 $533.9M
2 Department of Finance 443 $225.7M
3 Department of Industry, Science and Resources 18 $75.4M
4 Services Australia 23 $62.2M
5 Department of Veterans' Affairs 73 $54.6M
6 Department of Agriculture 13 $50.6M
7 CSIRO 9 $39.8M
8 Department of Foreign Affairs and Trade 27 $38.8M
9 Department of Climate Change, Energy, the Environment and Water 4 $36.8M
10 Department of Agriculture, Fisheries and Forestry 24 $35.9M

Parent Category

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

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