Top State Department direct life insurance carriers contractors
In the 12 months ending Oct 5, 2026, the Department of State obligated $9.6M in net prime contract dollars under NAICS 524113, up 29.7% from $7.4M in the preceding 12 months. 19 prime contractors received positive obligations, and 6 of them accounted for 80% of that spend.
Prime contracts funded by the Department of State. Latest 12 months: Oct 6, 2025 to Oct 5, 2026. Source: USAspending.gov.
Obligations by fiscal year
Net prime contract obligations by federal fiscal year (October to September).
Top State Department contractors for NAICS 524113
Ranked by positive obligations in the latest 12 months. Share is of all positive obligations in this market.
| # | Contractor | Latest 12 mo | Prior 12 mo | Share | Rank change |
|---|---|---|---|---|---|
| 1 | Malath Cooperative Insurance Co. | $2.7M | $0 | 28.2% | New |
| 2 | Private Joint Stock Company "insurance Company "uniqa" | $2.1M | $1.5M | 22.3% | — |
| 3 | Sisa Vida SA Seguro DE Personas | $1.4M | $1.9M | 14.7% | ▼ 2 |
| 4 | Miscellaneous Foreign Awardees | $924K | $690K | 9.6% | — |
| 5 | Saham Assurance VIE CI | $492K | $886K | 5.1% | ▼ 2 |
| 6 | Oracle Insurance Brokers Limited | $488K | $527K | 5.1% | ▼ 1 |
| 7 | Hibret Insurance Share Company | $237K | $0 | 2.5% | New |
| 8 | Seguros Atlas | $227K | $209K | 2.4% | ▲ 3 |
| 9 | Athora Belgium | $214K | $20K | 2.2% | ▲ 8 |
| 10 | Generali Life Assurance (Thailand) Public Company Limited | $201K | $231K | 2.1% | ▼ 1 |
| 11 | Metlife Emeklilik VE Hayat Anonim Sirketi | $121K | −$5K | 1.3% | New |
| 12 | UAP Life Assurance Ltd | $115K | $170K | 1.2% | — |
| 13 | American Life Insurance Company | $95K | $253K | 1.0% | ▼ 6 |
| 14 | Generali Osiguranje Srbija ADO | $60K | $57K | 0.6% | — |
| 15 | Generali Life Assurance Philippines Inc. | $56K | $137K | 0.6% | ▼ 2 |
What changed in the last 12 months
Contractors with the largest change in reported obligations versus the preceding 12 months.
Largest gains
- Malath Cooperative Insurance Co.$0 → $2.7M (+$2.7M) · now #1
- Private Joint Stock Company "insurance Company "uniqa"$1.5M → $2.1M (+$652K) · now #2
- Hibret Insurance Share Company$0 → $237K (+$237K) · now #7
Largest declines
- Sisa Vida SA Seguro DE Personas$1.9M → $1.4M (−$467K) · now #3
- Saham Assurance VIE CI$886K → $492K (−$395K) · now #5
- The United Insurance Company SC$300K → $0 (−$300K) · no latest-period obligations
New to this market
4 contractors received their first obligations in this market (since FY2022) during the latest 12 months. The largest:
| Contractor | First obligation | Latest 12 mo |
|---|---|---|
| Malath Cooperative Insurance Co. | Jul 23, 2026 | $2.7M |
| Hibret Insurance Share Company | Jul 1, 2026 | $237K |
| Inlife Benefits Insurance Company, Inc. | Jun 16, 2026 | $53K |
| Metlife Europe D.A.C., Pobocka Poistovne Z Ineho Clenskeho Statu | Jul 21, 2026 | $15K |
Where the money comes from
Funding sub-agencies within the Department of State, latest 12 months. The funding organization can differ from the office that runs the requirement.
| Funding sub-agency | Latest 12 mo | Prior 12 mo | Change |
|---|---|---|---|
| Department of State | $9.6M | $7.4M | Up $2.2M (29.7%) |
Common questions
Who are the top State Department contractors for NAICS 524113?
In the latest 12 months, Malath Cooperative Insurance Co. ($2.7M), Private Joint Stock Company "insurance Company "uniqa" ($2.1M), Sisa Vida SA Seguro DE Personas ($1.4M) received the most State Department obligations for direct life insurance carriers.
How concentrated is this market?
The eight largest primes held 89.8% of positive obligations, and Malath Cooperative Insurance Co. alone held 28.2%. 4 contractors won their first obligations in this market during the latest 12 months.
Related markets
Figures are net obligations on prime contracts (award types A–D) from USAspending.gov, grouped by funding agency and the NAICS code on each award. Net obligations include deobligations and corrections, so they can differ from positive-obligation totals. See methodology.
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