CPV 665 – Insurance and Pension Services

What does CPV 665 cover?

CPV group 665 covers insurance and pension services for public contracting authorities. This includes property insurance, public liability insurance, motor vehicle insurance, personal accident insurance, business interruption insurance, and pension services including occupational pension schemes for public sector employees. Insurance tenders are a classic field in public procurement and frequently encompass complex framework packages covering numerous properties and risks.

Public contracting authorities have specific requirements for insurance services. Municipalities secure their entire property infrastructure – from school buildings and sports halls to municipal vehicle fleets – through framework insurance contracts in a single procedure. Liability risks arising from the operation of public authorities, schools, sewage treatment works and public events are covered by comprehensive liability policies. Accident insurance and business travel insurance for public employees are also regularly the subject of tenders.

The market concentration in the insurance sector and the specific risk profiles of public institutions make insurance tenders demanding. Many municipalities work with specialist insurance brokers who support them in needs analysis, service specification and bidder selection. Broker services are themselves also subject to competitive tendering. The full CPV structure is available at the European Commission (SIMAP) and Regulation (EC) No 213/2008.

Typical Services in CPV 665

Examples of Tenders with CPV 665

• Municipal insurance package for a large city: A city authority tenders a comprehensive insurance package for all 420 municipal properties – including buildings insurance, electronic equipment insurance, fine arts insurance for museums and general public liability – with a total insured value of over €800 million.
• Motor vehicle insurance for a municipal transport operator: A municipal public transport operator tenders third-party liability and comprehensive motor vehicle insurance for a bus fleet of 250 vehicles through an EU-wide open procedure, requiring detailed coverage concepts for major loss events.
• Occupational pension scheme for utility company employees: A municipal utility company tenders the administration of an occupational pension scheme for its 800 employees, requesting concepts for direct insurance, pension funds and salary sacrifice.

Current tenders with CPV 665 are published on TED (Tenders Electronic Daily) and on national procurement platforms.

Who is CPV 665 relevant for?

Public Contracting Authorities

Municipalities, county councils, federal agencies and public companies are the principal contracting authorities under CPV 665. Cities and municipalities tender insurance packages for their entire infrastructure. Public employers require solutions for the occupational pension provision of their employees. Public bodies often have specific insurance needs that must be tailored to their legal status and scope of functions. Further guidance is available from the Federal Ministry for Economic Affairs and Climate Action (BMWK).

Companies and Bidders

Insurance companies, insurance brokers and pension providers are the relevant bidders. For insurance tenders, regulatory authorisation from national supervisory authorities, solvency evidence, credit ratings and detailed coverage concepts are required. Brokers must provide professional liability insurance and registration certificates under the EU Insurance Distribution Directive.

How does Bond help with CPV 665?

Tender Match – Automatically Find Tenders (CPV 665)

With tender.match, insurance companies and brokers automatically receive all relevant tenders with CPV 665 directly in their dashboard. BOND indexes tenders from over 1,000 procurement portals in the EU – from TED to national platforms and regional contracting authorities. Instead of manually searching dozens of portals every day, matching insurance contracts are filtered and delivered by industry, competency, region, and company profile. An automated gap analysis immediately shows where the company meets the requirements and where gaps exist. This ensures companies never miss a deadline and can focus on preparing their bids.

Company Match – Find the Right Partners and Suppliers (CPV 665)

For companies looking for suppliers, subcontractors, or consortium partners for insurance projects, company.match provides direct access to qualified firms from an EU-wide database of over 28 million companies. Especially for larger municipal insurance tenders that a single company cannot handle alone, company.match automatically identifies suitable partners for consortia and partial services – increasing the chances of winning the contract.

Frequently Asked Questions about CPV 665

What does the CPV code 65500000 mean?

The CPV code 65500000 classifies insurance and pension services within the EU's Common Procurement Vocabulary. It covers all types of insurance for public contracting authorities as well as pension services and occupational pension schemes for public sector employees.

How do I find tenders with CPV 665?

Tenders are published on TED (Tenders Electronic Daily) for EU-wide procedures and on national platforms. Bond aggregates all relevant tenders automatically.

From what value must insurance tenders be advertised EU-wide?

Insurance services constitute service contracts. The EU threshold value for service contracts awarded by public contracting authorities is currently €221,000 (net). Below this threshold the applicable framework is UVgO for simplified procedures. The current threshold values and applicable procedures are set out in VgV.