Naics Code In Insurance

Learn about our naics and sic lists and data append services. Naics north american industry classification system. Naics serves to classify businesses to analyze and publish us economic data.

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Naics for insurance 524126 direct property and casualty insurance carriers this u s.

Naics code in insurance. 6411 insurance agents brokers and service agents primarily representing one or more insurance carriers or brokers not representing any particular carriers primarily engaged as independent contractors in the sale or placement of insurance contracts with carriers but not employees of the insurance carriers they represent. The naics codes come in the form of 2 6 digit codes. The digit long code being the most specific. Naics codes classify the economy into 20 sectors which are separated into 99 3 digit subsectors which are divided into 311 4 digit industry groups which are.

The naics was established in 1997 to replace the no longer sufficient sic system. Industry comprises establishments primarily engaged in listing employment vacancies and in referring or placing applicants for employment. About the naics code list. Sic standard industrial classifications.

These are some of the questions asked by commercial insurance companies when trying to classify your business by north american industry classification system naics code. Click any naics code to see the description and top 10 companies in that field. Ncci national council on compensation insurance. Naics codes for insurance agency naics for insurance agency 561311 employment placement agencies this u s.

Digits 3 6 become more specific as digits increase. Naics is the standard classification system used by federal agencies. 6411 insurance agents brokers and service agents primarily representing one or more insurance carriers or brokers not representing any particular carriers primarily engaged as independent contractors in the sale or placement of insurance contracts with carriers but not employees of the insurance carriers they represent. Insurance companies use naics codes to identify customers by industry code.

The two digit codes being broad in description. Industry comprises establishments primarily engaged in initially underwriting i e assuming the risk and assigning premiums insurance policies that protect policyholders against losses that may occur as a result of property damage or liability. Iso insurance services office.