News

DFAT awards Cigna Health Care A$133.8m insurance contract

The five-year award is the supplier's only public sector deal in GovMarket records.

In brief

  • A$133.8 million five-year insurance contract to Cigna Health Care
  • DFAT and Cigna have no previous contracts in GovMarket records
  • DFAT awarded A$519.5 million across 1,505 contracts in 2026

The Department of Foreign Affairs and Trade has awarded Cigna Health Care (A-based) Government of Australia A-based an A$133.8 million contract for insurance services for five years, according to a notice published on AusTender on 21 October.

The work is the provision of insurance services. The notice recorded the title and description as Insurance.

DFAT had not previously contracted with Cigna Health Care in GovMarket records. The supplier has one public sector contract worth A$133.8 million since 2026 in GovMarket records.

In 2026, DFAT has awarded A$519.5 million across 1,505 contracts in GovMarket records.

In 2025, the department awarded A$1.49 billion across 2,261 contracts. Its largest other contract was with Note Printing Australia for A$421.9 million that year.

DFAT's main suppliers in GovMarket records include Note Printing Australia, with three contracts worth A$907.2 million, and Jones Lang LaSalle (ACT), with one worth A$692.3 million. MTAA Superannuation Fund (R G Casey Building) Property has one contract worth A$445.8 million.

The contract runs from 1 July 2026 to 30 June 2031.

Key facts

Value$133.8m
AgencyDepartment of Foreign Affairs and Trade
Term5 years, 1 Jul 2026 to 30 Jun 2031
CategoryFinance & Insurance
RegionOUTSIDE AUSTRALIA
Published21 Oct 2026, AusTender
Department of Foreign Affairs and Trade, value awarded by year

* 2026 so far

Department of Foreign Affairs and Trade, value awarded by year
YearValueContracts
2021$725.1m969
2022$572.0m983
2023$734.9m1552
2024$688.7m1396
2025$1.49bn2261
2026$519.5m1505

Written from published notices and GovMarket contract records. Totals cover GovMarket records, which start at different dates for each source.

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