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Assets Insurance Service: GeM business opportunity

Who buys Assets Insurance Service on GeM, in which states, how many sellers compete and what wins. Change the filters to match your business.

Live bids: 19Awarded results: 4Live tenders →

What can you do?

GeM categoryAssets Insurance Service
About your business

Live bids + bids closed 2025-11-07 – 2026-11-07 (365 days). Includes imported GeM history.

Live bids
19
Closed in period
298
Awarded results
4
Median winning price (L1)
₹13 lakh
Avg bidders per bid
6.5

Tenders published per month

Last 12 months, matching your filters

0 Dec 2025
0 Jan 2026
3 Feb 2026
13 Mar 2026
39 Apr 2026
47 May 2026
5555 Jun 2026
49 Jul 2026
40 Aug 2026
30 Sept 2026
35 Oct 2026
6 Nov 2026
Show as table
MonthTenders
Dec 20250
Jan 20260
Feb 20263
Mar 202613
Apr 202639
May 202647
Jun 202655
Jul 202649
Aug 202640
Sept 202630
Oct 202635
Nov 20266

How open are these bids?

No EMD needed
92%

based on 309 bids

MSE turnover/experience relaxed
18%

based on 17 bids

Reverse auction
3%

based on 308 bids

Turnover, experience, EMD and exemptions come from bid documents and are still sparse; every share shows how many bids it is based on. Results improve as more history is imported.

Top 10: where to work

Ranked by opportunity score (0–100). Open a row to see why.

  1. 1

    19 live · 6.5 bidders avg · L1 ₹13 lakh

    Live tenders →Create alert
    Why this score
    Volume
    100
    Momentum
    50
    Low competition
    65
    Easy criteria
    99
    Order value
    100
  2. 2

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    31
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria
    100
    Order value (not enough data, neutral)
    50
  3. 3

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    31
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria
    100
    Order value (not enough data, neutral)
    50
  4. 4

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    24
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria
    100
    Order value (not enough data, neutral)
    50
  5. 5

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    19
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria (not enough data, neutral)
    50
    Order value (not enough data, neutral)
    50
  6. 6

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    12
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria (not enough data, neutral)
    50
    Order value (not enough data, neutral)
    50
  7. 7

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    12
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria (not enough data, neutral)
    50
    Order value (not enough data, neutral)
    50
  8. 8

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    12
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria (not enough data, neutral)
    50
    Order value (not enough data, neutral)
    50
  9. 9

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    12
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria (not enough data, neutral)
    50
    Order value (not enough data, neutral)
    50
  10. 10

    0 live

    Live tenders →Create alert
    Why this score
    Volume
    12
    Momentum
    0
    Low competition (not enough data, neutral)
    50
    Easy criteria (not enough data, neutral)
    50
    Order value (not enough data, neutral)
    50
Show as table
RankNameScoreLive bidsClosed in periodAvg bidders per bidMedian winning price (L1)
1Assets Insurance Service81192986.5₹13 lakh
2Liability Insurance Service4205——
3Marine and Transit Insurance Service4205——
4Group Personal Accident Insurance Service4003——
5Motor Insurance Service3102——
6Lightning Arrestor For Mahanadi Coalfields Limited-IS:30702901——
7Electronic Milk Analyser and adulteration detection equipment2901——
8Mechanically Woven, Double - Twisted, Hexagonal Wire Mesh Gabions, Revet Mattresses and Rock Fall Netting as per IS 160142901——
9Standardized Self Locking Single Use Plastic Seals (Pull Tight Seal) as per Postal Department specification2901——
10Furniture Products from Chhota Udaipur - ODOP2901——
How the opportunity score works

Score = Volume 30% + Momentum 20% + Low competition 25% + Easy criteria 15% + Order value 10%. Each part is 0–100; a part without enough data counts as a neutral 50.

  • Volume: tenders in the period, compared with the biggest row of the list.
  • Momentum: share published in the last 30 days vs the average (100 = twice as fast).
  • Low competition: 2 bidders per bid = 100, 15 or more = 0.
  • Easy criteria: share of read bid documents with no EMD, an MSE/startup exemption or no turnover/experience criterion.
  • Order value: median winning (L1) price, compared with the highest in the list.

Who wins these bids

Top L1 sellers in awarded bids of the period

  1. 3 wins
  2. 1 wins

2 different sellers won

Winner names are part of the ₹999 plan and the free trial.

See winner names
Bids won by MSE sellers0%

of 1 awarded bids with the MSE flag

AI business advisor

Get a short plan from these numbers: where to start, whom to sell to, what to prepare and the risks.

Assets Insurance Service on GeM: Buyers, Competition & Winning Prices | Mitra Tender