Direct Life, Health, & Medical Insurance Carriers
Key Figures
Figures are published for NAICS 52411 directly.
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Official definition
This industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, accidental death and dismemberment insurance policies, and health and medical insurance policies.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
The boundary between direct life, health, and medical insurance carriers and direct insurance carriers excluding these lines turns on the type of risk being insured. Direct life, health, and medical insurance carriers initially underwrite annuities, life insurance, disability income insurance, accidental death and dismemberment insurance, and health and medical insurance policies. All other direct underwriting activities, such as automobile, property and casualty, title, and warranty insurance, are classified in Direct Insurance (except Life, Health, and Medical) Carriers. Reinsurance carriers, which assume risk from existing policies originally written by other carriers rather than initially underwriting policies themselves, are classified separately.