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Sector: 52 Finance and Insurance

NAICS Code 524298 - All Other Insurance Related Activities

Industry Description

This U.S. industry comprises establishments primarily engaged in providing insurance services on a contract or fee basis (except insurance agencies and brokerages, claims adjusting, and third party administration). Insurance advisory services, insurance actuarial services, and insurance ratemaking services are included in this industry.

Cross-References. Establishments primarily engaged in--

Business Examples

Common types of business activities within NAICS 524298 - All Other Insurance Related Activities are:

  • Insurance rate making services
  • Insurance underwriters laboratories and standards services
  • Insurance loss prevention services
  • Actuarial services, insurance
  • Insurance actuarial services
  • Insurance advisory services
  • Ratemaking services, insurance
  • Insurance coverage consulting services
  • Insurance reporting services
  • Medical cost evaluation services
  • Insurance investigation services (except claims investigation)
  • Insurance exchanges

IBISWorld Industry Research Report

Third-Party Administrators & Insurance Claims Adjusters in the US (52429)

Revenue 2025

$319.8bn

Growth 2025

1.42%

Key Trends

  • Outsourcing to industry operators will likely rise as market segments have lower claim volumes

  • Industry revenue has increased despite the COVID-19 (coronavirus) pandemic in 2020

  • Insurance policy volumes are expected to rise moving forward, particularly among corporations

Products and Services

Similar Industries

For some business types, there may be a similar industry to 524298 - All Other Insurance Related Activities that is a better classification match. Establishments primarily engaged in:

NAICS Hierarchy 524298 - All Other Insurance Related Activities

NAICS Code 524298 - All Other Insurance Related Activities sits in the 2-digit All Other Insurance Related Activities sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 52

Sector Title: Finance and Insurance

3 Digits 4 Digits 5 Digits 6 Digits

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