524128

Other Direct Insurance (except Life, Health, and Medical) Carriers

Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers

SBA Size Standard

$47M average annual receipts

Revenue-Based Verify at SBA.gov →

NAICS Code Hierarchy

52

Sector

Finance and Insurance

524

Subsector

Insurance Carriers and Related Activities

5241

Industry Group

Insurance Carriers

524128

National Industry (This Code)

Other Direct Insurance (except Life, Health, and Medical) Carriers

Official NAICS Description

Source: U.S. Census Bureau 2022 NAICS

📘 Source: U.S. Census Bureau — 2022 NAICS Manual
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). 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

✓ Small Business Eligibility at a Glance

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.

Cross-References

The following activities are classified elsewhere in the NAICS system:

Reinsuring insurance policies--are classified in Industry 524130, Reinsurance Carriers;
Initially underwriting annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies--are classified in U.S. Industry 524113, Direct Life Insurance Carriers;
Initially underwriting health and medical insurance policies--are classified in U.S. Industry 524114, Direct Health and Medical Insurance Carriers;
Initially underwriting property and casualty insurance policies--are classified in U.S. Industry 524126, Direct Property and Casualty Insurance Carriers; and
Initially underwriting title insurance policies--are classified in U.S. Industry 524127, Direct Title Insurance Carriers.

How to Use NAICS 524128 in SAM.gov

NAICS code 524128Other 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.

Log in Entity Registration Goods & Services Add NAICS Code Enter 524128 Save

Frequently Asked Questions

What is NAICS code 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

What is the SBA small business size standard for NAICS code 524128?

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.

How do I register NAICS code 524128 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.

Quick Actions

Related NAICS Codes

Other codes in Insurance Carriers

GovBidLab Pro

Not sure which NAICS codes fit your business?

GovBidLab's Federal Sales Roadmap includes a complete NAICS and PSC code strategy tailored to your business.

Get Your Free Consultation

No commitment required • Response within 24 hours

Find Another NAICS Code

Search all 1,012 NAICS codes with SBA size standards and descriptions

Browse by sector:

Agriculture Construction Manufacturing Information/IT Health Care