NAICS 4 Digit Industry Group 5242

Industry Group 5242

NAICS 4 digit Industry Group 5242 – Agencies, Brokerages, and Other Insurance Related Activities

Definition of NAICS 4 digit industry group 5242: This industry group comprises establishments primarily engaged in:

  1. Acting as agents (i.e., brokers) in selling annuities and insurance policies or
  2. Providing other employee benefits and insurance related services, such as claims adjustment and third party administration.

Four Digit Industry Group Breakdown for 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 (Where you are now), 5 digit industry, and the most specific is the 6 digit NAICS code. If industry group 5242 does not describe the industry of the business in question, then select the largest applicable code below. From there, follow through 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 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 4 Digit Industry Group 5242