NAICS 3 Digit Subsector Code 524

Subsector 524

NAICS Subsector Code 524 – Insurance Carriers and Related Activities

Definition of NAICS 3 Digit Subsector Code 524: Industries in the Insurance Carriers and Related Activities subsector group establishments that are primarily engaged in one of the following:

  1. Underwriting (assuming the risk, assigning premiums, and so forth) annuities and insurance policies or
  2. Facilitating such underwriting by selling insurance policies, and by providing other insurance and employee-benefit related services.

Three Digit Subsector Breakdown for the North American Industry Classification System

NAICS codes are broken down by digit. The broadest description starts with the 2 digit sector codes. The 3 digit subsector codes are more specific, then the 4 digit industry group, 5 digit industry, and the most specific is the 6 digit NAICS code. If NAICS Subsector 524 does not describe the industry of the business in question, then select the largest applicable code below. From there, follow the progression of smaller digits to the larger digits in order to obtain the most specific 6 digit classification.

  • Sector 52: Finance and Insurance
    • Subsector 524: Insurance Carriers and Related Activities
      • Industry Group 5241: Insurance Carriers
        • Industry 52411: Direct Life, Health, and Medical Insurance Carriers
          • 6 Digit Code(s) NAICS 524113: Direct Life Insurance Carriers
          • 6 Digit Code(s) NAICS 524114: Direct Health and Medical Insurance Carriers
        • Industry 52412: Direct Insurance (except Life, Health, and Medical) Carriers
          • 6 Digit Code(s) NAICS 524126: Direct Property and Casualty Insurance Carriers
          • 6 Digit Code(s) NAICS 524127: Direct Title Insurance Carriers
          • 6 Digit Code(s) NAICS 524128: Other Direct Insurance (except Life, Health, and Medical) Carriers
        • Industry 52413: Reinsurance Carriers
          • 6 Digit Code(s) NAICS 524130: Reinsurance Carriers
      • Industry Group 5242: Agencies, Brokerages, and Other Insurance Related Activities
        • Industry 52421: Insurance Agencies and Brokerages
          • 6 Digit Code(s) NAICS 524210: Insurance Agencies and Brokerages
        • Industry 52429: Other Insurance Related Activities
          • 6 Digit Code(s) NAICS 524291: Claims Adjusting
          • 6 Digit Code(s) NAICS 524292: Third Party Administration of Insurance and Pension Funds
          • 6 Digit Code(s) NAICS 524298: All Other Insurance Related Activities

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NAICS 3 Digit Subsector Code 524