Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers
Sector
Finance and Insurance
Subsector
Insurance Carriers and Related Activities
Industry Group
Insurance Carriers
National Industry (This Code)
Other Direct Insurance (except Life, Health, and Medical) Carriers
Source: U.S. Census Bureau 2022 NAICS
Based on SBA Table of Small Business Size Standards (2024)
Size Standard
$47M average annual receipts
Measurement Period
3-year average
Standard Type
Revenue-Based
Applies To
All contracts under NAICS 524128
Set-Aside Programs
8(a), WOSB, HUBZone, SDVOSB
Certification Required
No (self-certify in SAM.gov)
Size standards are set by the SBA and reviewed periodically. Always verify at SBA.gov before bidding.
The following activities are classified elsewhere in the NAICS system:
NAICS code 524128 — Other Direct Insurance (except Life, Health, and Medical) Carriers — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Insurance Carriers space will be able to find your business.
If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $47M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 524128.
NAICS code 524128 is 'Other Direct Insurance (except Life, Health, and Medical) Carriers', classified under the Finance and Insurance sector (NAICS 52). 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 dea
The SBA defines a small business under NAICS code 524128 (Other Direct Insurance (except Life, Health, and Medical) Carriers) as one with $47M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.
To register NAICS code 524128 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 524128 (Other Direct Insurance (except Life, Health, and Medical) Carriers) to your NAICS code list. You may designate one code as your Primary NAICS code.
Other codes in Insurance Carriers
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