Efes Insurance Closed Joint-Stock Company

Efes Insurance Closed Joint-Stock Company is a for-profit organization registered in the System for Award Management (SAM.gov) through September 27, 2025. The company specializes in providing health insurance coverage and administration services, primarily for U.S. government personnel stationed abroad. Based on the available federal contract award data, Efes Insurance has established a focused relationship with the U.S. Department of State's Bureau of European and Eurasian Affairs, delivering targeted health insurance solutions for embassy staff in Armenia.

The federal contract awards reveal that Efes Insurance exclusively provides health insurance services to U.S. Embassy personnel in Armenia through firm-fixed-price delivery orders. These contracts involve comprehensive health insurance coverage, including policy administration and claims processing for U.S. government employees. The contract awards have consistently been issued through full and open competition, with no specific set-aside designations. Each delivery order ranges from approximately $147,000 to $161,500, covering insurance periods typically spanning three to six months. The contracts are consistently awarded by the Bureau of European and Eurasian Affairs, demonstrating a specialized and ongoing relationship focused on maintaining continuous health insurance coverage for embassy staff.

Efes Insurance holds an Indefinite Delivery Contract (IDC) with the Department of State, specifically the Bureau of European and Eurasian Affairs, with a ceiling value of $585,000 running through December 21, 2024. This multiple-award IDC enables the Bureau to issue task orders as needed to ensure uninterrupted health insurance coverage for U.S. Embassy personnel in Armenia. The contract vehicle provides flexibility for the government to procure insurance services efficiently, with firm-fixed-price delivery orders that offer cost predictability. The IDC allows for multiple task orders, which have ranged from $147,465.78 to $161,538.46, supporting the Bureau's requirement to maintain comprehensive health insurance administration for its staff stationed in the region.