What does Gallagher Bassett Services Pty Ltd do for the Australian Government?

Gallagher Bassett Services Pty Ltd is an Australian Government contractor with 57 contracts worth $1.68B since 2013. Their largest government client is Insurance and Care NSW (icare), and their average contract value is $29.6M. The company has seen significant recent growth in government contract awards.

Key Metrics

57Total Contracts
$1.68BTotal Value
20Agencies Served
$29.6MAvg Contract
13Years Active
5Expiring (12mo)

How much does Gallagher Bassett Services Pty Ltd win in government contracts each year?

$0 $379.6M $759.2M $1.14B $1.52B 2013: $152K 2013 2014: $42.2M 2014 2015: $1.3M 2015 2016: $859K 2016 2017: $181K 2017 2019: $2.1M 2019 2020: $62.0M 2020 2021: $3.0M 2021 2022: $2.0M 2022 2023: $1.52B 2023 2024: $2.8M 2024 2025: $49.9M 2025
View data table
Gallagher Bassett Services Pty Ltd — Annual Government Contract Awards
YearContractsValue
20131$152K
20144$42.2M
20156$1.3M
20167$859K
20174$181K
20192$2.1M
20202$62.0M
20215$3.0M
20226$2.0M
20238$1.52B
20244$2.8M
20258$49.9M

Who are Gallagher Bassett Services Pty Ltd's biggest government clients?

AgencyContractsValueShare
Insurance and Care NSW (icare) 2 $1.52B 90.0%
Department of Finance 7 $146.7M 8.7%
Department of Climate Change, Energy, the Environment and Water 1 $6.9M 0.4%
Comcare 5 $6.6M 0.4%
Department of Employment and Workplace Relations 5 $3.0M 0.2%
Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts 2 $1.7M 0.1%
Australian Taxation Office 3 $1.3M 0.1%
Department of Infrastructure, Transport, Regional Development, Communications and the Arts 6 $909K 0.1%
National Indigenous Australians Agency 2 $340K 0.0%
Department of Foreign Affairs and Trade 2 $338K 0.0%

What categories does Gallagher Bassett Services Pty Ltd supply to government?

CategoryContractsValueShare
Insurance services 1 $1.36B 89.7%
Financial and Insurance Services 1 $155.6M 10.3%

How does Gallagher Bassett Services Pty Ltd win government contracts?

MethodContractsValueShare
open 40 $124.1M 72.7%
limited 14 $44.9M 25.5%
selective 1 $321K 1.8%

Which Gallagher Bassett Services Pty Ltd government contracts are expiring soon?

Gallagher Bassett Services Pty Ltd has 5 contracts worth $1.36B expiring in the next 12 months. These represent potential recompete opportunities for competing suppliers.

ContractAgencyValueExpires
General Lines and HBCG Claim Service Provider Formal Instrument. Insurance and Care NSW (icare) $1.36B
Claims Management Services Comcare $2.1M
Norfolk Island Workers Compensation Scheme Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts $1.6M
Employment Services Programs Insurance for Participants Department of Employment and Workplace Relations $425K
Insurance services National Indigenous Australians Agency $64K

What are Gallagher Bassett Services Pty Ltd's largest government contracts?

ContractAgencyValueAwarded
General Lines and HBCG Claim Service Provider Formal Instrument. Insurance and Care NSW (icare) $1.36B
Provision of Nominal Insurer Workers Compensation Claims and Injury Management S Insurance and Care NSW (icare) $155.6M
Claims Management and Risk Services Department of Finance $60.4M
Claims Management and Risk Services Department of Finance $42.1M
Comcover Claims Management Services Department of Finance $42.0M

What are Gallagher Bassett Services Pty Ltd's most recent government contracts?

ContractAgencyValueDate
Insurance services National Indigenous Australians Agency $64K
Insurance Advisory Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts $50K
Resolution Planning Australian Prudential Regulation Authority $187K
Employment Services Programs Insurance for Participants Department of Employment and Workplace Relations $425K
Comcover Claims Management Services Department of Finance $42.0M
Insurance Brokerage - Antarctic Infrastructure Renewal Project Department of Climate Change, Energy, the Environment and Water $6.9M
Insurance Advisory Department of Infrastructure, Transport, Regional Development, Communications and the Arts $78K
Insurance Broking Services Department of Infrastructure, Transport, Regional Development, Communications and the Arts $184K
Work Trial Insurance for the Rehabilitation Program Department of Veterans' Affairs $22K
Insurance for Employment Services Program Participants Department of Employment and Workplace Relations $467K

Is Gallagher Bassett Services Pty Ltd's government business growing or declining?

↑ 7287.9%

Rapid growth — contract value increased 7288% year-over-year.

Based on comparison of last 12 months vs prior 12 months of awarded contract value.

Who competes with Gallagher Bassett Services Pty Ltd for government contracts?

Other suppliers winning contracts from the same agencies in similar categories.

SupplierContractsValue
Employers Mutual NSW Limited 1 $1.02B
GIO 1 $312.8M
QBE Insurance (Australia) Limited 2 $163.5M
DXC Technology Australia Pty Limited 1 $146.0M
Allianz Australia Workers' Compensation (NSW) Limited 1 $145.7M
Guy Carpenter & Company Pty Ltd 1 $5.4M
Oncall Language Services Pty Ltd 1 $508K

What size contracts does Gallagher Bassett Services Pty Ltd typically win?

Size RangeContractsTotal Value
$10K-$50K15$354K
$50K-$100K9$691K
$100K-$500K17$4.0M
$500K-$1M5$3.9M
$1M-$5M5$8.9M
$5M-$20M1$6.9M
$20M+5$1.66B

What is Gallagher Bassett Services Pty Ltd's registered business information?

Australian Business Number (ABN)
68009778018
Registered Name
Gallagher Bassett Services Pty Ltd
Government Contracting Period
2013 – 2025

Verify entity details on the Australian Business Register.

Procurement Categories

UNSPSC categories where Gallagher Bassett Services Pty Ltd is active.

Miscellaneous 1 contracts · $1.36B · 1.7% of category spend Financial & Insurance 13 contracts · $267.8M · 3.3% of category spend Management & Professional Services 34 contracts · $55.2M · 0.0% of category spend

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