Insurance Australia LTD

Insurance Australia LTD, doing business as NRMA Insurance Ltd-Workers Compensation, is an Australia-based for-profit limited liability company that provides workers' compensation insurance coverage to the U.S. Department of State as a prime contractor on a full-and-open (non-set-aside) basis. The vendor is headquartered at 201 Sussex Street, Sydney, New South Wales 2000, Australia, and operates exclusively in the workers' compensation insurance market under NAICS categories spanning 525190 (Other Insurance Funds) and related health and welfare fund classifications.

The vendor serves a single federal customer with complete concentration: the Department of State's Bureau of East Asian and Pacific Affairs accounts for all seven awards and the full $1.8 million in combined potential value across the vendor's federal footprint. Recent awards include a $335,511 definitive contract for workers' compensation insurance coverage for U.S. Embassy staff in Australia running from July 1, 2026 through June 30, 2027 (awarded June 24, 2026), a $492,153 firm fixed-price contract covering June 25, 2025 through June 30, 2026, and a $445,837 definitive contract for the period July 1, 2024 through June 30, 2025. Prior awards spanning 2022 to 2023 ranged from $108,277 to $406,307. All contracts are awarded on a firm fixed-price basis under FAR procedures with no set-aside designations and involve performance in Australia with administrative oversight at U.S. Embassy Canberra. The vendor has obligated the full $1.8 million potential value across all awards. One award (combined potential value $336 thousand) reaches ultimate completion within the next twenty-four months, creating a recompete opportunity. The vendor operates as a 100% prime contractor with no subcontract footprint in federal work.