Analysis
NAICS 52429 is the 2022 NAICS industry for other insurance related activities, part of 5242 (Agencies, Brokerages, and Other Insurance Related Activities). Census lists 26 example activities under it in the official index.
County Business Patterns counts 14,174 US establishments in this code in 2023, employing 491,943 people at an average annual payroll of $83,003 per employee (71st percentile of national industries). 61% of the establishments have fewer than five employees, which marks it as a small-business industry.
By establishments it ranks 2nd of the 2 codes at this level within Agencies, Brokerages, and Other Insurance Related Activities, with 9.6% of them.
Across its national industries Census lists 26 index entries; typical ones are cause-of-loss investigators, insurance, claims processing services, insurance, third party and actuarial services, insurance.
It splits into 3 more detailed codes. The largest by establishments is 524292 (Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds) with 6,151.
Its more detailed codes are 524291 Claims Adjusting (4,934 establishments), 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (6,151 establishments) and 524298 All Other Insurance Related Activities (3,089 establishments).
Official definition
This industry comprises establishments primarily engaged in providing services related to insurance (except insurance agencies and brokerages).
Illustrative Examples:
Claims adjusting, insurance Insurance plan administrative services, third party Insurance actuarial services Insurance claims adjusting
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
| The business mainly does | Use instead |
|---|---|
| Managing the portfolio assets (i.e., funds) of others | 52394 Portfolio Management and Investment Advice |
| Acting as agents (i.e., brokers) in selling annuities and insurance policies | 52421 Insurance Agencies and Brokerages |
| Providing actuarial consulting services | 54161 Management Consulting Services |
Index entries (26)
- Cause-of-loss investigators, insurance
- Claims processing services, insurance, third party
- Actuarial services, insurance