524210

Insurance Agencies and Brokerages

Finance and Insurance › Insurance Carriers and Related Activities › Agencies, Brokerages, and Other Insurance Related Activities

SBA Size Standard

$15M average annual receipts

Revenue-Based Verify at SBA.gov →

NAICS Code Hierarchy

52

Sector

Finance and Insurance

524

Subsector

Insurance Carriers and Related Activities

5242

Industry Group

Agencies, Brokerages, and Other Insurance Related Activities

524210

National Industry (This Code)

Insurance Agencies and Brokerages

Official NAICS Description

Source: U.S. Census Bureau 2022 NAICS

📘 Source: U.S. Census Bureau — 2022 NAICS Manual
This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in selling annuities and insurance policies.

✓ Small Business Eligibility at a Glance

Based on SBA Table of Small Business Size Standards (2024)

Size Standard

$15M average annual receipts

Measurement Period

3-year average

Standard Type

Revenue-Based

Applies To

All contracts under NAICS 524210

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:

Underwriting annuities and insurance policies--are classified in Industry Group 5241, Insurance Carriers; and
Researching public land records for ownership of titles and/or conveying real estate titles--are classified in U.S. Industry 541191, Title Abstract and Settlement Offices.

How to Use NAICS 524210 in SAM.gov

NAICS code 524210Insurance Agencies and Brokerages — 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 Agencies, Brokerages, and Other Insurance Related Activities 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 $15M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 524210.

Log in Entity Registration Goods & Services Add NAICS Code Enter 524210 Save

Frequently Asked Questions

What is NAICS code 524210?

NAICS code 524210 is 'Insurance Agencies and Brokerages', classified under the Finance and Insurance sector (NAICS 52). This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in selling annuities and insurance policies. Cross-References. Establishments primarily engaged in--

What is the SBA small business size standard for NAICS code 524210?

The SBA defines a small business under NAICS code 524210 (Insurance Agencies and Brokerages) as one with $15M 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 524210 in SAM.gov?

To register NAICS code 524210 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 524210 (Insurance Agencies and Brokerages) to your NAICS code list. You may designate one code as your Primary NAICS code.

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Related NAICS Codes

Other codes in Agencies, Brokerages, and Other Insurance Related Activities

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