NAICS code 524128: Other Direct Insurance (except Life, Health, and Medical) Carriers

NAICS 524128 is “Other Direct Insurance (except Life, Health, and Medical) Carriers”. This U.S. industry comprises establishments primarily engaged in initially underwriting (e.g., assuming the risk, assigning premiums) insurance policies (except life, disability income, accidental death and dismemberment, health and medical, property and casualty, and title insurance policies).

Examples from the U.S. Census Bureau: Bank deposit insurance carriers, direct; Product warranty insurance carriers, direct; Deposit or share insurance carriers, direct; and Warranty insurance carriers (e.g., appliance, automobile, homeowners', product), direct.

Businesses mainly reinsuring insurance policies are classified in Industry 524130, Reinsurance Carriers; initially underwriting annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies are classified in U.S. Industry 524113, Direct Life Insurance Carriers; and initially underwriting health and medical insurance policies are classified in U.S. Industry 524114, Direct Health and Medical Insurance Carriers.

$47 million average annual receipts (average of the last five fiscal years), including affiliates. Source: 13 CFR 121.201, effective March 17, 2023.

SIC codes 6399 (Insurance Carriers, NEC), 6311 (Life Insurance, part), 6331 (Fire, Marine, and Casualty Insurance, part) and 6351 (Surety Insurance, part), from the U.S. Census Bureau concordances (1987 SIC → 2002 NAICS, carried to 2022 NAICS).

The IRS list of Schedule C business codes has no code for this industry. If no code fits, the list ends with 999000 Unclassified establishments.

Federal agencies put a NAICS code on each solicitation in SAM.gov, and some states and cities use NAICS codes too. Add 524128 to your SAM.gov registration and to your bid alerts; PublicBeam emails new bids for the codes you choose every morning.