Insurance Agencies and Brokerages — NAICS 524210
Browse federal contract opportunities classified under NAICS code 524210 (Insurance Agencies and Brokerages). Find active solicitations on SAM.gov, understand size standards, and discover set-aside opportunities for your business.
About NAICS 524210
Insurance Agencies and Brokerages. This industry falls under the Finance and Insurance sector (NAICS codes beginning with 52).
Federal agencies use NAICS code 524210 when posting contract opportunities on SAM.gov to classify the type of work being solicited. Businesses that operate in the insurance agencies and brokerages space should include this code in their SAM.gov registration and capability statements to ensure they appear in relevant searches.
How to Use NAICS 524210 in Federal Contracting
To compete for federal contracts under NAICS 524210, your business should be registered in SAM.gov with this NAICS code listed in your entity profile. When agencies post solicitations for insurance agencies and brokerages work, they reference this code to determine the applicable small business size standard and any set-aside eligibility.
If you hold certifications such as 8(a), HUBZone, SDVOSB, or WOSB, you may be eligible for set-aside contracts under this NAICS code. These set-asides limit competition to certified small businesses, giving you a significant advantage in winning federal work.
FedOverwatch monitors SAM.gov daily and can automatically match you with new opportunities under NAICS 524210. Set up your profile with your NAICS codes and certifications to receive personalized contract alerts.
NAICS 524210 Market Intelligence
Based on 3 years of federal award data from USAspending.gov, the insurance agencies and brokerages market has seen 1,263 contract awards totaling $160.6M in value. The median contract size is $20K, with approximately 35 new awards per month.
Total Awards (3yr)
1,263
Total Value
$160.6M
Median Contract
$20K
Competitors
78
Contract value distribution
24 small business awards ($2.2M total value,$79K median)
78 companies compete for NAICS 524210 contracts
See who's winning, their award values, and where you fit in the market
Explore CompetitorsSize Standards
The SBA establishes size standards for each NAICS code to define what qualifies as a "small business" for federal contracting purposes. For NAICS 524210 (Insurance Agencies and Brokerages), the size standard is based on either average annual receipts or number of employees, depending on the specific industry. Meeting the size standard for your primary NAICS code is required to qualify for small business set-aside contracts.
Visit the SBA Size Standards Table to find the current threshold for NAICS 524210.
Recent NAICS 524210 Opportunities
View all →No active opportunities found for NAICS 524210 right now.
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