NAICS Code 5241 - Insurance Carriers

Industry Sector

Finance and Insurance

Total Companies

19,760

Verified Companies

13,086

Est. Employment

1,615,774

Annual Payroll

$146,074,420,000

Total Revenue

$2,052,309,468,000

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Description

This industry group comprises establishments primarily engaged in underwriting (assuming the risk, assigning premiums, and so forth) annuities and insurance policies and investing premiums to build up a portfolio of financial assets to be used against future claims. Direct insurance carriers are establishments that are primarily engaged in initially underwriting and assuming the risk of annuities and insurance policies. Reinsurance carriers are establishments that are primarily engaged in assuming all or part of the risk associated with an existing insurance policy (or set of policies) originally underwritten by another insurance carrier. Industries are defined in terms of the type of risk being insured against, such as death, loss of employment because of age or disability, and/or property damage. Contributions and premiums are set on the basis of actuarial calculations of probable payouts based on risk factors from experience tables and expected investment returns on reserves.

Companies

SICCODE.com compiles comprehensive business data and executive contact leads for businesses within NAICS Code 5241 - Insurance Carriers. Some of the leading and most notable companies are listed below. To order a list of companies within NAICS Code 5241 - Insurance Carriers for marketing (postal mailing, telemarketing, emailing) or analytics-use, click on the link below to “Buy Business List”. Our data analysts are standing by to assist in your list setup and target marketing.

Industry Executives

Would you like to email executives in NAICS Code 5241 - Insurance Carriers? Below are some of the common job titles available to be targeted.

  • Business Development
  • Chairman
  • C-Level
  • Director
  • Engineering
  • Executive Director
  • Facilities
  • Finance
  • Human Resource
  • IT
  • Manager
  • Marketing
  • Manufacturing
  • Operations
  • Owner
  • Partner
  • President
  • Principal
  • Purchasing
  • Sales
  • Vice President

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Questions & Answers

  • How many active businesses operate in NAICS Code 5241?

    There are 13,086 verified business locations operating primarily in this industry.

  • What was the total revenue for NAICS Code 5241?

    In 2017 the total revenue for Insurance Carriers was $2,052,309,468,000

  • What was the annual payroll for NAICS Code 5241?

    In 2017 the annual payroll for Insurance Carriers was $146,074,420,000

  • How many people work in NAICS Code 5241?

    The number of reported paid employees is 1,615,774.