Insurance Agencies and Brokerages

Code 52421
Parent/Child
Popular Federal Contract Opportunities
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Popular Federal Contract Awards
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NAICS 52421 (Insurance Agencies and Brokerages) encompasses professional services related to insurance intermediation, including arranging and negotiating insurance policies across multiple sectors. These agencies and brokerages act as critical intermediaries between insurance carriers and clients, providing risk assessment, policy placement, and advisory services. The category covers a wide range of insurance types, including vehicle, life, property, liability, and specialized governmental insurance products.

Federal contract awards under this NAICS code demonstrate a diverse range of insurance service procurements across government agencies. Typical contract values range from $350,000 to approximately $2 million, with performance periods typically spanning one to two years. The Department of State appears to be a frequent user of these services, with recent awards covering vehicle fleet insurance for international missions in locations such as Brazil, the United Kingdom, and Singapore. Contractors like Sul America Seguros de Pessoas e Previdencia S.A. have been successful in securing government insurance contracts. Most awards are not set aside for specific business categories, indicating open competition among qualified insurance providers.

Recent federal contract opportunities in this category focus on specialized insurance services for government entities. Key opportunities include vehicle fleet insurance for U.S. Embassies in multiple countries, life insurance for locally employed staff, workers' compensation insurance, and unique requirements like oil pollution and hazardous substance insurance for maritime vessels. Performance locations span international regions including Brazil, Singapore, the Netherlands, France, and the United Kingdom. Agencies such as the Department of State, Maritime Administration, and various U.S. Embassies are actively seeking comprehensive insurance coverage for official vehicles, personnel, and specialized government assets.

Generated 4/18/25, 11:49 AM