Georgia Insurance Tenders

The Georgian insurance market is a rapidly growing sector with a gross written premium of GEL 909.63 million (EUR 315.36 million) in 2022. The market is dominated by life and non-life insurance, with health insurance being the fastest-growing segment.

The Georgian government is a major buyer of insurance products and services. In 2022, the government procured GEL 21.1 million (EUR 7.4 million) of insurance. The main insurance products and services procured by the government are liability insurance, property insurance, and health insurance.

The Georgian government procures a wide range of insurance products and services, including:
Liability insurance
Property insurance
Health insurance
Motor insurance
Cargo insurance
Travel insurance
Life insurance

The top authorities for Georgia insurance procurement are:
The Georgian Ministry of Finance
The Georgian Insurance Supervision Service
The Georgian Procurement Agency

The top winners of Georgia insurance procurement are:
JSC "Insurance Company Cartu"
Aldagi Insurance
Chigo Insurance
Group Insurance
Globel Insurance

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