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NAICS 524 Quarterly Industry Report

Insurance Carriers and Related Activities

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 524Sector: Finance and Insurance (52)Updated: Q1 2026

Industry Snapshot

Key metrics for the insurance carriers and related activities industry.

Establishments
225,456
2024 annual average[1]
5-Year Growth
+0.8%
Establishment count, 2017–2022[2]
Industry Revenue
$3.3B
2022 Economic Census[2]
Share of Finance and Insurance
31.8%
By establishment count, 2022 Census[2]
NAICS Sector
52
Finance and Insurance

Industry Definition & Overview

NAICS Classification Hierarchy

NAICS classification hierarchy for 524
LevelDescriptionCode
SectorFinance and Insurance52
SubsectorInsurance Carriers and Related Activities524

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Census Bureau, Economic Census census.gov

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