524128 Other Direct Insurance (except Life, Health, and Medical) Carriers

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).

Examples Census gives

• 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

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

• 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.
• Initially underwriting title insurance policies are classified in U.S. Industry 524127, Direct Title Insurance Carriers.

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 524128

The Census index assigns these 9 activities to this code. If your business matches one, this is your code.

• Bank deposit insurance carriers, direct
• Burial insurance carriers, direct
• Contact lens insurance, direct
• Deposit or share insurance carriers, direct
• Funeral insurance carriers, direct
• Homeowners' warranty insurance carriers, direct
• Pet health insurance carriers, direct
• Product warranty insurance carriers, direct
• Warranty insurance carriers (e.g., appliance, automobile, homeowners', product), direct

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 524128

To count as a small business for SBA loans and federal contracts under NAICS 524128, your business (including affiliates) must not exceed $47 million in average annual receipts. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 6512), so treat them as a starting point and check the definition.

• 65120Non-life insuranceUK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 524126Direct Property and Casualty Insurance Carriers
• 524127Direct Title Insurance Carriers