Direct Health and Medical Insurance Carriers

NAICS code 524114 covers businesses involved in underwriting health and medical insurance. This classification falls under the Finance & Insurance sector (code 52), which encompasses a wide range of related industries.

Federal agencies use NAICS code 524114 when posting contract opportunities related to direct health and medical insurance carriers on SAM.gov. If your business provides products or services in this area, registering with this NAICS code in SAM.gov will help you discover relevant solicitations and compete for federal contracts.

Small businesses with NAICS code 524114 may also qualify for set-aside programs including 8(a), HUBZone, WOSB (Women-Owned Small Business), and SDVOSB (Service-Disabled Veteran-Owned Small Business). Each NAICS code has a specific size standard that determines whether your business qualifies as "small" for that industry.