Awarded to
Protector Forsikring ASA; Dansk Glasforsikring / Concordia Forsikring A/S; GJENSIDIGE FORSIKRING
- Awarded value
- €13,872,058 30% under the estimate of €19,719,113
- Award date
- Bids received
- 10 over 5 lots
- Winner's country
- Norway
- Back on the market
- Oct 2030 How we know
When this contract comes back
estimated from the stated durationThis contract runs about 60 months, so it is back on the market around October 2030.
Every contract expiring, on the radarSummary
Machine-generated summaryAAB bought insurance services through a framework with five lots: buildings, contents, technical and liability insurance; glass and sanitation insurance; motor vehicle insurance; occupational injury insurance; and collective accident insurance. The contract was awarded on 20 October 2025 to Protector Forsikring ASA, Dansk Glasforsikring / Concordia Forsikring A/S and GJENSIDIGE FORSIKRING. The awarded value was about EUR 13,872,057.78, converted from DKK at the ECB reference rate; the official notice states it in DKK. The awarded price was 30% below the estimate of DKK 147,372,765. The contract runs for 60 months and is expected to end and come back to market on 20 October 2030.
Description
Official source
Source: TED - Tenders Electronic Daily (Publications Office of the EU)
Always verify details on the official notice.
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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 3 days ago
What this market pays
The buyer has too few awards of its own in this sector, so this is the range of the last 171 awards for Financial & insurance services in Denmark.
- This award
- €13.9M
- Estimated value
- €19.7M
- Median award
- €1.6M
- Middle half of past awards
- €607,732 to €3.8M
The award is larger than three in four past awards.
Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.
The buyer
Full buyer profileAAB
Competition
- tenders per lot on average (open and restricted procedures)
- 2.0
- of those lots received a single tender
- 20%
As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.
Recent awards
Market context
- open now in Financial & insurance services
- 3,414
- median open notice
- €454,856
Who wins in this market
Many suppliersDenmark · Financial & insurance services
- different companies won awards here
- 86
- of the awards went to the three most frequent winners
- 26%
- buyers awarded contracts here
- 112
Based on 184 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.
Competition
- tenders per lot on average (open and restricted procedures)
- 1.7
- of those lots received a single tender
- 48%
- of the awards went to companies based in another country
- 20%
- of the tenders came from another country
- 16%
As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.
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