NAICS 524210: Insurance Agencies and Brokerages

Insurance Agencies and Brokerages is NAICS code 524210. A business is small under it with $15 million or less in average annual receipts. 1 federal contract is open on SAM.gov under this code right now.

SBA size standard
$15 million or less in average annual receipts
Open contracts now
1
Federal spending, FY2025
$52.2 million
Share won by small businesses
1%
Small businesses registered
450

Open federal contracts for insurance agencies and brokerages

What NAICS 524210 covers

The Census Bureau's NAICS index lists these kinds of work under 524210:

  • Agencies, insurance
  • Brokerages, insurance
  • Brokers' offices, insurance
  • Insurance agencies
  • Insurance brokerages
  • Life insurance agencies

Read the full definition, including what's excluded, on census.gov.

SBA size standard for 524210

To count as a small business for a contract assigned NAICS 524210, your business must have $15 million or less in average annual receipts. Receipts are averaged over your last five completed fiscal years.

From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.

Who buys insurance agencies and brokerages

Agencies that awarded the most under NAICS 524210 over the last three fiscal years, per USAspending.gov:

AgencyObligated
Department of State$94.1 million
Federal Aviation Administration$52.8 million
Maritime Administration$3.1 million
Rural Housing Service$830,492
Department of Veterans Affairs$806,193
Office of the Assistant Secretary for Administration and Management$703,700
U.S. Customs and Border Protection$475,642
U.S. Immigration and Customs Enforcement$319,922

Open notices right now come from Department of State (1).

Set-asides on open 524210 contracts

  • No set-aside (full and open): 1

Not sure which set-asides you qualify for? Try the free SBA certification screener, or read set-aside contracts, explained.

Your competition

450 businesses with active SAM.gov registrations are rated small under NAICS 524210, most of them in Texas (60), Florida (56), Georgia (39), California (31) and Illinois (27). Look any of them up with the free CAGE code and UEI lookup.

Federal spending under 524210 by year

Fiscal yearContract obligations
FY2024$56.8 million
FY2025$52.2 million
FY2026$43.6 million
FY2027 (so far)$0

Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.

Related NAICS codes

Frequently asked questions

What is NAICS code 524210?

524210 is the 2022 NAICS code for Insurance Agencies and Brokerages. The Census Bureau's index lists work such as agencies, insurance, brokerages, insurance, brokers' offices, insurance under it. Federal contracting uses the 2022 codes.

What is the SBA size standard for NAICS 524210?

$15 million or less in average annual receipts. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.

Are there government contracts for insurance agencies and brokerages?

Yes. 1 federal contract opportunities under NAICS 524210 are open on SAM.gov right now. Agencies obligated about $52.2 million under this code in fiscal year 2025, according to USAspending.gov.

How do I add NAICS code 524210 to my SAM.gov registration?

Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.

Keep going

FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.