New Zealand Insurance Tenders

The New Zealand insurance market is a well-developed and competitive market with a wide range of products and services available to consumers. The market is regulated by the Financial Markets Authority (FMA) and is overseen by the Reserve Bank of New Zealand (RBNZ). The insurance industry in New Zealand is an important contributor to the economy, generating revenue of over $14 billion in 2022.

The New Zealand government is a major purchaser of insurance products and services. In 2022, the government spent over $1 billion on insurance, with the largest category of spending being on property and liability insurance. The government procures insurance through a variety of methods, including open tenders, direct negotiation, and panel arrangements.

The main insurance products and services procured by the New Zealand government are:
Property and liability insurance
Workers' compensation insurance
Health insurance
Motor vehicle insurance
Life insurance

The top authorities for New Zealand insurance procurement are:
Government Procurement Service (GPS)
New Zealand Treasury
Ministry of Health
Ministry of Education
Ministry of Social Development

The top winners of New Zealand insurance procurement contracts are:
IAG
QBE
Suncorp
Zurich
Vero

Tags -
New Zealand insurance tenders, free New Zealand insurance tenders, accidental insurance, New Zealand medical insurance, banking insurance, government insurance tenders New Zealand, risk insurance, New Zealand insurance services tenders, New Zealand insurance consultancy tenders, building insurance tenders