01 / NAICS Market Profile
NAICS 524210 Insurance Agencies And Brokerages Federal Contracts
North American Industry Classification System code 524210
Federal contract activity classified under Insurance Agencies And Brokerages across FY 2020–FY 2026. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 524210 federal market?
03 / Spending Trend
NAICS 524210 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.
Latest closed fiscal year$43.68M
FY 2026| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2020 | $42.64M | 557 | 67 | 22 | — |
| FY 2021 | $15.32M | 580 | 59 | 14 | −64.1% |
| FY 2022 | $59.68M | 548 | 71 | 18 | +289.7% |
| FY 2023 | $42.92M | 580 | 57 | 14 | −28.1% |
| FY 2024 | $56.85M | 566 | 65 | 16 | +32.4% |
| FY 2025 | $52.24M | 578 | 66 | 17 | −8.1% |
| FY 2026 | $43.68M | 496 | 52 | 14 | −16.4% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2020–FY 2026.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| STATE, DEPARTMENT OF | 1900 | $204.65M | 3,581 | 105 | 65.3% |
| FEDERAL AVIATION ADMINISTRATION | 6920 | $103.58M | 35 | 2 | 33.1% |
| BUREAU OF THE FISCAL SERVICE | 2036 | $18.11M | 15 | 1 | 5.8% |
| MARITIME ADMINISTRATION | 6938 | $8.83M | 41 | 2 | 2.8% |
| CORPORATION FOR NATIONAL AND COMMUNITY SERVICE | 9577 | $4.98M | 2 | 1 | 1.6% |
| VETERANS AFFAIRS, DEPARTMENT OF | 3600 | $1.57M | 75 | 4 | 0.5% |
| U.S. CUSTOMS AND BORDER PROTECTION | 7014 | $1.19M | 26 | 3 | 0.4% |
| OFFICE OF THE ASSISTANT SECRETARY FOR ADMINISTRATION AND MANAGEMENT | 1605 | $1.15M | 9 | 1 | 0.4% |
| U.S. IMMIGRATION AND CUSTOMS ENFORCEMENT | 7012 | $863.0K | 13 | 3 | 0.3% |
| OFFICE OF THE COMPTROLLER OF THE CURRENCY | 2046 | $621.7K | 7 | 2 | 0.2% |
05 / Contracting Offices
Which contracting offices buy in NAICS 524210?
Ranked by net obligations during FY 2020–FY 2026.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| 693KA7 ENROUTE & TERMINAL CONTRACTS | 693KA7 | FEDERAL AVIATION ADMINISTRATION | $81.08M | 25 | 1 | 25.9% |
| U.S. EMBASSY BEIRUT | 19LE20 | STATE, DEPARTMENT OF | $29.55M | 123 | 3 | 9.4% |
| 693JF9 HEADQUARTERS | 693JF9 | FEDERAL AVIATION ADMINISTRATION | $22.49M | 10 | 2 | 7.2% |
| ARC DIV PROC SVCS - CNCS | 203464 | BUREAU OF THE FISCAL SERVICE | $18.11M | 15 | 1 | 5.8% |
| U.S.EMBASSY OTTAWA | 19CA52 | STATE, DEPARTMENT OF | $12.81M | 91 | 3 | 4.1% |
| U.S. EMBASSY BRASILIA | 19BR25 | STATE, DEPARTMENT OF | $12.56M | 72 | 3 | 4.0% |
| U.S.EMBASSY GUATEMALA CITY | 19GT50 | STATE, DEPARTMENT OF | $10.72M | 46 | 1 | 3.4% |
| 693JF7 DOT MARITIME ADMINISTRATION | 693JF7 | MARITIME ADMINISTRATION | $8.83M | 41 | 2 | 2.8% |
| U.S. EMBASSY KUWAIT | 19KU20 | STATE, DEPARTMENT OF | $7.91M | 29 | 1 | 2.5% |
| U.S. EMBASSY HANOI | 19VM30 | STATE, DEPARTMENT OF | $6.90M | 45 | 1 | 2.2% |
06 / Top Vendors
Which contractors lead the NAICS 524210 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES, INC. | $105.20M | 84 | 8 | 33.6% | Sep 28, 2026 |
| MISCELLANEOUS FOREIGN AWARDEES | $51.52M | 736 | 2 | 16.4% | Sep 28, 2026 |
| INTERNATIONAL MEDICAL GROUP, INC. | $23.10M | 20 | 3 | 7.4% | Aug 6, 2026 |
| AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $16.33M | 37 | 1 | 5.2% | Aug 20, 2026 |
| THE CANADA LIFE ASSURANCE COMPANY | $12.54M | 42 | 1 | 4.0% | Nov 28, 2025 |
| BRADESCO SAUDE S/A | $12.05M | 42 | 1 | 3.8% | Jul 27, 2026 |
| SEGUROS UNIVERSALES | $10.72M | 46 | 1 | 3.4% | Sep 17, 2026 |
| ARTHUR J. GALLAGHER & CO. | $6.95M | 20 | 1 | 2.2% | Sep 2, 2026 |
| SEGUROS CARACAS DE LIBERTY MUTUAL C.A. | $6.95M | 27 | 1 | 2.2% | Aug 1, 2026 |
| BAO MINH HA NOI INSURANCE COMPANY | $6.90M | 45 | 1 | 2.2% | Jul 30, 2026 |
07 / Product and Service Mix
What products and services are purchased under NAICS 524210?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| G008 | SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER | $122.94M | 567 | 37 | 39.2% |
| G007 | SOCIAL- GOVERNMENT HEALTH INSURANCE PROGRAMS | $105.95M | 1,085 | 42 | 33.8% |
| G009 | SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS | $73.55M | 1,622 | 56 | 23.5% |
| R499 | SUPPORT- PROFESSIONAL: OTHER | $26.39M | 69 | 9 | 8.4% |
| G006 | SOCIAL- GOVERNMENT LIFE INSURANCE PROGRAMS | $10.72M | 357 | 17 | 3.4% |
| S216 | HOUSEKEEPING- FACILITIES OPERATIONS SUPPORT | $2.04M | 3 | 2 | 0.7% |
| Q201 | MEDICAL- GENERAL HEALTH CARE | $1.58M | 35 | 7 | 0.5% |
| Q999 | MEDICAL- OTHER | $1.12M | 9 | 3 | 0.4% |
| B537 | SPECIAL STUDIES/ANALYSIS- MEDICAL/HEALTH | $984.1K | 6 | 2 | 0.3% |
| 7540 | STANDARD FORMS | $703.8K | 9 | 1 | 0.2% |
08 / Buying Pattern
How does the government buy in NAICS 524210?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $184.96M | 2,978 |
| PURCHASE ORDER | $14.73M | 591 |
| DEFINITIVE CONTRACT | $113.63M | 336 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 524210?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $313.32M market as addressable.