52429 Other Insurance Related Activities

Official definition

This industry comprises establishments primarily engaged in providing services related to insurance (except insurance agencies and brokerages).

Examples Census gives

• Claims adjusting, insurance
• Insurance plan administrative services, third party
• Insurance actuarial services
• Insurance claims adjusting

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:

• Managing the portfolio assets (i.e., funds) of others are classified in Industry 52394, Portfolio Management and Investment Advice.
• Acting as agents (i.e., brokers) in selling annuities and insurance policies are classified in Industry 52421, Insurance Agencies and Brokerages.
• Providing actuarial consulting services are classified in Industry 54161, Management Consulting Services.

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

Codes in 52429

• 524291Claims Adjusting
• 524292Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
• 524298All Other Insurance Related Activities