NAICS 524113: Direct Life Insurance Carriers
National industry
SBA small business size standard: $47 million in average annual receipts
Code facts
- Part of
-
-
52
-
524
-
5241
- 52411
-
5241
-
524
-
52
- Contract awards
- 95 In the last 12 months
- Contract obligations
- $13,066,251 In FY2025
NAICS codes and definitions come from the U.S. Census Bureau, size standards from the SBA and contract spending from SAM.gov/FPDS.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $112,901 |
| FY2026 | $13,237,679 |
| FY2025 | $13,066,251 |
| FY2024 | $10,527,350 |
| FY2023 | $9,071,459 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Metropolitan Life Insurance Co | $4,419,593 | |
| 2 | Malath Cooperative Insurance CO. | $2,717,199 | |
| 3 | Private Joint Stock Company "Insurance Company "Uniqa" | $1,755,006 | |
| 4 | Sisa Vida SA Seguro De Personas | $1,526,615 | |
| 5 | Saham Assurance Vie CI | $491,542 | |
| 6 | Oracle Insurance Brokers LIMITED | $487,625 | |
| 7 | Seguros Atlas | $250,510 | |
| 8 | Hibret Insurance Share Company | $236,657 | |
| 9 | Generali Life Assurance (Thailand) Public Company LIMITED | $200,556 | |
| 10 | Athora Belgium | $151,465 |
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of State | $8,889,820 | |
| 2 | Department of the Treasury | $4,677,030 | |
| 3 | Department of Agriculture | $23,664 | |
| 4 | Air Force | $17,503 |
Top PSC codes by obligations
| Rank | PSC code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | G006 Government Life Insurance Programs | $6,828,761 | |
| 2 | G007 Government Health Insurance Programs | $3,774,016 | |
| 3 | G009 Non-Government Insurance Programs | $2,747,804 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | New Jersey | $4,919,771 | |
| 2 | Texas | $117,914 | |
| 3 | New York | $73,848 |
Shares are of everything obligated under NAICS 524113 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
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Definition
This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies.
Illustrative examples
- Accidental death and dismemberment insurance carriers, direct
- Accidental death and dismemberment insurance underwriting, direct
- Annuities underwriting
- Cooperative life insurance organizations
- Credit life insurance carriers, direct
- Disability insurance carriers, direct
- Disability insurance underwriting, direct
- Fraternal life insurance organizations
- Insurance carriers, disability, direct
- Insurance carriers, life, direct
- Insurance underwriting, disability, direct
- Insurance underwriting, life, direct
- Life insurance carriers, direct
- Savings bank life insurance carriers, direct
Show all 14
Quick answers
What is NAICS 524113?
NAICS 524113 is Direct Life Insurance Carriers, a national industry in NAICS 52, Finance and Insurance.
What is the NAICS code for annuities underwriting?
The NAICS code for annuities underwriting is 524113, Direct Life Insurance Carriers.
What is the NAICS code for fraternal life insurance organizations?
The NAICS code for fraternal life insurance organizations is 524113, Direct Life Insurance Carriers.
What is the NAICS code for cooperative life insurance organizations?
The NAICS code for cooperative life insurance organizations is 524113, Direct Life Insurance Carriers.
How much do federal agencies spend under NAICS 524113?
Federal contracts under NAICS 524113 obligated $13,066,251 in fiscal year 2025 and $46,015,641 in fiscal years 2023 through 2027.
Who are the largest contractors under NAICS 524113?
The contractors with the most obligated under NAICS 524113 in fiscal years 2026 and 2027 are Metropolitan Life Insurance Co ($4,419,593), Malath Cooperative Insurance CO. ($2,717,199) and Private Joint Stock Company "Insurance Company "Uniqa" ($1,755,006).
Which agencies buy the most under NAICS 524113?
The agencies that obligated the most under NAICS 524113 in fiscal years 2026 and 2027 are Department of State ($8,889,820), Department of the Treasury ($4,677,030) and Department of Agriculture ($23,664).
Which PSC codes are used with NAICS 524113?
The PSC codes with the most obligated under NAICS 524113 in fiscal years 2026 and 2027 are G006 Government Life Insurance Programs, G007 Government Health Insurance Programs and G009 Non-Government Insurance Programs.
Where is the work under NAICS 524113 performed?
By place of performance, the states with the most contract obligations under NAICS 524113 over the last 12 months are New Jersey ($4,919,771), Texas ($117,914) and New York ($73,848).
What is the latest contract opportunity under NAICS 524113?
The latest contract opportunity under NAICS 524113 is Life Insurance Services for Locally Employed Staff, special notice from Department of State, posted September 30, 2026.
On GovTribe
See everything under NAICS 524113
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