Belgium Insurance Tenders

Belgium's insurance market is a mature and well-developed sector, with a total gross written premium (GWP) of €52.2 billion in 2022. The market is expected to grow at a CAGR of 4.2% from 2023 to 2027, driven by factors such as rising disposable incomes, increasing awareness of insurance products, and an aging population.

The Belgian government is a major purchaser of insurance products and services, with an annual procurement spend of over €1 billion. The government procures a wide range of insurance products, including health insurance, property insurance, liability insurance, and life insurance.

The main insurance products and services procured by the Belgian government include:
Health insurance for civil servants and their families
Property insurance for government buildings and assets
Liability insurance for government employees and activities
Life insurance for government employees

The top authorities for Belgium insurance procurement are:
The Federal Public Service for Social Security (FPSS)
The Federal Public Service for Finance (FPSF)
The Flemish Public Service for Finance and Budget (VSFP)
The Walloon Public Service for Finance and Budget (SFW)
The Brussels-Capital Region Public Service for Finance and Budget (BFPB)

The top winners of Belgium insurance procurement are:
AG Insurance
Axa
KBC
Allianz
NN Group

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