NAICS 524128

Other Direct Insurance (Except Life, Health, & Medical) Carriers

Key Figures

Establishments
550
Census CBP · 2023
Employment
29,279
Census CBP · 2023
Market size
$25.3B
Census Economic Census · 2022

Figures are published for NAICS 524128 directly.

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Official definition

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).

Source: US Census Bureau, 2017 NAICS Definitions. Public domain.

Illustrative examples

  • Bank deposit insurance carriers, direct
  • Product warranty insurance carriers, direct
  • Deposit or share insurance carriers, direct
  • Warranty insurance carriers (e.g., appliance, automobile, homeowners’, product), direct

Which code does this activity belong in?

NAICS 524128 covers direct underwriters of insurance policies that do not fall within property and casualty, title, life, health, or medical categories. Bank deposit insurance, product warranty coverage, and share insurance carriers are classified here. Direct property and casualty insurers, including mortgage guaranty carriers, are classified in NAICS 524126 instead. Direct title insurance carriers protecting real estate owners against title defects are classified separately in NAICS 524127.

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Where this sits

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