What does QBE Insurance (Australia) Limited do for the Australian Government?

QBE Insurance (Australia) Limited is an Australian Government contractor with 6 contracts worth $230.4M since 2011. Their largest government client is Insurance and Care NSW (icare), and their average contract value is $38.4M. Recent government contracting activity has declined.

Key Metrics

6Total Contracts
$230.4MTotal Value
4Agencies Served
$38.4MAvg Contract
14Years Active

How much does QBE Insurance (Australia) Limited win in government contracts each year?

$0 $40.9M $81.8M $122.7M $163.5M 2011: $481K 2011 2014: $346K 2014 2023: $163.5M 2023 2024: $66.0M 2024
View data table
QBE Insurance (Australia) Limited — Annual Government Contract Awards
YearContractsValue
20111$481K
20142$346K
20232$163.5M
20241$66.0M

Who are QBE Insurance (Australia) Limited's biggest government clients?

AgencyContractsValueShare
Insurance and Care NSW (icare) 2 $163.5M 71.0%
NSW Treasury 1 $66.0M 28.7%
Department of Education Employment and Workplace Relations 2 $618K 0.3%
Department of Employment, Skills, Small and Family Business 1 $209K 0.1%

What categories does QBE Insurance (Australia) Limited supply to government?

CategoryContractsValueShare
8400-financial-and-insurance-code-8400 1 $163.5M 71.0%
9990-miscellaneous-and-unclassified 2 $66.0M 28.7%
8413-financial-and-insurance-code-8413 3 $827K 0.4%

How does QBE Insurance (Australia) Limited win government contracts?

MethodContractsValueShare
open 3 $827K 75.0%
Restricted Tender 1 $0 25.0%

What are QBE Insurance (Australia) Limited's largest government contracts?

ContractAgencyValueAwarded
Provision of Nominal Insurer Workers Compensation Claims and Injury Management S Insurance and Care NSW (icare) $163.5M
Motor Vehicle Compulsory Third Party (CTP) Green Slip Insurance NSW Treasury $66.0M
Provision of Personal Accident insurance coverage Department of Education Employment and Workplace Relations $481K
Personal Accident; Public and/or Product Liability Combined General Liability In Department of Employment, Skills, Small and Family Business $209K
Personal Accident and Products and Liability Insurance Department of Education Employment and Workplace Relations $137K

What are QBE Insurance (Australia) Limited's most recent government contracts?

ContractAgencyValueDate
Motor Vehicle Compulsory Third Party (CTP) Green Slip Insurance NSW Treasury $66.0M
TMF CLAIMS MANAGEMENT Insurance and Care NSW (icare) $0
Provision of Nominal Insurer Workers Compensation Claims and Injury Management S Insurance and Care NSW (icare) $163.5M
Personal Accident; Public and/or Product Liability Combined General Liability In Department of Employment, Skills, Small and Family Business $209K
Personal Accident and Products and Liability Insurance Department of Education Employment and Workplace Relations $137K
Provision of Personal Accident insurance coverage Department of Education Employment and Workplace Relations $481K

Who competes with QBE Insurance (Australia) Limited for government contracts?

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

SupplierContractsValue
Gallagher Bassett Services Pty Ltd 2 $1.52B
Employers Mutual NSW Limited 1 $1.02B
GIO 1 $312.8M
DXC Technology Australia Pty Limited 2 $146.2M
Allianz Australia Workers' Compensation (NSW) Limited 1 $145.7M
Comensura Pty Ltd 1 $101.3M
Origin Energy LPG Limited 1 $84.7M
Southern Cross Community Healthcare 1 $81.5M
Guidewire Software Pty Ltd 1 $37.6M
Fineos Corporation 1 $33.0M

What size contracts does QBE Insurance (Australia) Limited typically win?

Size RangeContractsTotal Value
Under $10K1$0
$100K-$500K3$827K
$20M+2$229.5M

What is QBE Insurance (Australia) Limited's registered business information?

Australian Business Number (ABN)
78003191035
Registered Name
QBE Insurance (Australia) Limited
Government Contracting Period
2011 – 2024

Verify entity details on the Australian Business Register.

Registered Business Details

Entity Type
Australian Public Company
ASIC Company Type
Public Company
ABN Status
Active
GST
Registered
ACN
003191035
ABN
78003191035 verify ↗
State
NSW
Postcode
2000
Incorporated
6 November 1986 (39 years ago)
Also trades as
Elders Insurance, OMEGA ASSISTANCE, OMEGA ASSISTANCE, QBE TRADE CREDIT, Truckingsolutions

Source: Australian Business Register (ABR) + ASIC Companies Register. View on ABN Lookup ↗

Procurement Categories

UNSPSC categories where QBE Insurance (Australia) Limited is active.

Financial & Insurance 4 contracts · $164.4M · 2.0% of category spend Miscellaneous 2 contracts · $66.0M · 0.1% of category spend

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