Segurcaixa Adeslas, S.A. De Seguros Y Reaseguros.

Segurcaixa Adeslas, S.A. De Seguros Y Reaseguros, doing business as Compañia De Seguros Adeslas, is a Madrid-based Spanish insurance company that serves as a prime contractor providing health and supplemental health insurance coverage to U.S. government personnel and locally employed staff stationed in Spain, with all 43 awards issued across five federal agencies under full-and-open competition (no set-asides used). The vendor operates exclusively as a prime contractor, holding two indefinite delivery contracts with the Department of State through which it issues delivery orders for health insurance services supporting approximately 450 individuals across U.S. Embassy and consular operations in Madrid and related locations.

The vendor's federal portfolio is dominated by the Department of State Bureau of European and Eurasian Affairs, which accounts for 23 awards and $4.6 million of the $5.1 million combined potential value across all work. The Bureau of Consular Affairs accounts for 9 awards ($334 thousand potential value), the Bureau of Diplomatic Security for 5 awards ($117 thousand), with the Department of Commerce Office of Inspector General and Office of the Secretary each holding 4 and 2 awards respectively. The concentration is extreme and monolithic: the Bureau of European and Eurasian Affairs represents 90% of potential value and 53% of award count, with no geographic or customer diversification beyond Spain-based diplomatic and consular operations. All work is performed in Spain and centers on health, supplemental health, and dental insurance products.

The vendor holds two principal indefinite delivery contracts. The first, contract 19SP5020D0003 (originally valued at $1.343 million through August 2025), has generated 35 task orders with $1.3 million combined potential value. The second, contract 19SP5026D0001, was awarded in March 2026 with a ceiling of $2.1 million and runs through February 28, 2027; it has generated 6 task orders ($322 thousand combined potential value) as of late January 2026. Representative delivery orders include a $165 thousand order from the Bureau of European and Eurasian Affairs issued January 30, 2026 for health insurance coverage of local employees and eligible family members, a $70 thousand order from the Bureau of Consular Affairs for health insurance for local employees, and a $107 thousand supplemental health insurance order under the International Cooperative Administrative Support Services (ICASS) program from the Bureau of European and Eurasian Affairs. The ICASS vehicle is notable as an administrative support mechanism used across multiple bureaus.

Activity has been steady, ranging from 4 to 7 awards annually over the past five years (2022 through 2026), with $1.7 million obligated against the $5.1 million potential value (32% utilization rate). Only two awards are slated for ultimate completion within the next twenty-four months (combined potential value $185 thousand), indicating minimal recompete exposure in that window; most delivery orders extend through February or August 2025 and beyond. The vendor does not compete on any government-wide acquisition contracts (GWACs), schedules, or multi-agency vehicles; all work flows through two State Department indefinite delivery contracts. Segurcaixa Adeslas has been registered in the System for Award Management since June 2020 and operates with no subcontracting footprint in the federal space.