01 / NAICS Market Profile
NAICS 524128 Other Direct Insurance (Except Life, Health, And Medical) Carriers Federal Contracts
North American Industry Classification System code 524128
Federal contract activity classified under Other Direct Insurance (Except Life, Health, And Medical) Carriers across FY 2019–FY 2025. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 524128 federal market?
03 / Spending Trend
NAICS 524128 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.
Latest closed fiscal year$6.86M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $496.0K | 20 | 7 | 4 | — |
| FY 2020 | $216.9K | 13 | 9 | 8 | −56.3% |
| FY 2021 | $522.4K | 13 | 8 | 6 | +140.9% |
| FY 2022 | $5.57M | 10 | 7 | 5 | +967.2% |
| FY 2023 | $6.88M | 14 | 9 | 7 | +23.5% |
| FY 2024 | $7.13M | 23 | 11 | 8 | +3.6% |
| FY 2025 | $6.86M | 23 | 8 | 6 | −3.8% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2019–FY 2025.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| VETERANS AFFAIRS, DEPARTMENT OF | 3600 | $25.20M | 8 | 2 | 91.0% |
| STATE, DEPARTMENT OF | 1900 | $1.76M | 59 | 6 | 6.3% |
| DEPT OF THE AIR FORCE | 5700 | $154.7K | 5 | 3 | 0.6% |
| FARM PRODUCTION AND CONSERVATION BUSINESS CENTER | 12D0 | $132.5K | 13 | 1 | 0.5% |
| U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) | 97ZS | $120.3K | 8 | 2 | 0.4% |
| CONSUMER FINANCIAL PROTECTION BUREAU | 955F | $102.5K | 8 | 1 | 0.4% |
| DEPT OF THE NAVY | 1700 | $72.5K | 3 | 3 | 0.3% |
| DEPT OF THE ARMY | 2100 | $67.8K | 5 | 3 | 0.2% |
| U.S. CUSTOMS AND BORDER PROTECTION | 7014 | $54.0K | 1 | 1 | 0.2% |
| NATIONAL AERONAUTICS AND SPACE ADMINISTRATION | 8000 | $30.0K | 2 | 1 | 0.1% |
05 / Contracting Offices
Which contracting offices buy in NAICS 524128?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| STRATEGIC ACQUISITION CENTER FREDERICKSBURG (36C10G) | 36C10G | VETERANS AFFAIRS, DEPARTMENT OF | $25.17M | 7 | 1 | 90.9% |
| AMERICAN EMBASSY BRIDGETOWN | 19BB21 | STATE, DEPARTMENT OF | $1.44M | 42 | 2 | 5.2% |
| U.S. EMBASSY WARSAW | 19PL90 | STATE, DEPARTMENT OF | $185.7K | 6 | 1 | 0.7% |
| MARSOC H92257 | H92257 | U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) | $120.3K | 8 | 2 | 0.4% |
| FA4626 341 CONS LGC | FA4626 | DEPT OF THE AIR FORCE | $105.7K | 3 | 1 | 0.4% |
| CONSUMER FINANCE PROTECTION BUREAU | 9531CB | CONSUMER FINANCIAL PROTECTION BUREAU | $102.5K | 8 | 1 | 0.4% |
| NAVSUP FLT LOG CTR SAN DIEGO | N00244 | DEPT OF THE NAVY | $83.0K | 1 | 1 | 0.3% |
| FPAC BUS CNTR-ACQ DIV-CENTRAL SEC | 12FPC1 | FARM PRODUCTION AND CONSERVATION BUSINESS CENTER | $71.4K | 7 | 1 | 0.3% |
| AIR AND MARINE CONTRACTING DIVISION | 70B02C | U.S. CUSTOMS AND BORDER PROTECTION | $54.0K | 1 | 1 | 0.2% |
| W072 ENDIST HUNTINGTON | W91237 | DEPT OF THE ARMY | $50.9K | 2 | 1 | 0.2% |
06 / Top Vendors
Which contractors lead the NAICS 524128 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| AMERICAN PET INSURANCE COMPANY | $25.17M | 7 | 1 | 90.9% | May 28, 2025 |
| SAGICOR LIFE INC | $1.34M | 28 | 1 | 4.9% | Aug 16, 2024 |
| MEDICOVER SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA | $185.7K | 6 | 1 | 0.7% | Aug 27, 2025 |
| BELASCO, ERIC | $132.5K | 13 | 1 | 0.5% | Jul 25, 2025 |
| FAAC INCORPORATED | $105.7K | 3 | 1 | 0.4% | Mar 4, 2025 |
| METROPOLITAN LIFE INSURANCE COMPANY (INC) | $102.5K | 8 | 1 | 0.4% | May 12, 2025 |
| C.G.I. CONSUMERS GUARANTEE INSURANCE COMPANY LTD. | $95.1K | 14 | 1 | 0.3% | May 29, 2025 |
| SENGEX LLC | $85.3K | 3 | 1 | 0.3% | Apr 26, 2019 |
| NAVICO, INC. | $83.0K | 1 | 1 | 0.3% | Aug 22, 2023 |
| MISCELLANEOUS FOREIGN AWARDEES | $82.7K | 9 | 3 | 0.3% | Feb 26, 2024 |
07 / Product and Service Mix
What products and services are purchased under NAICS 524128?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| Q999 | MEDICAL- OTHER | $25.17M | 7 | 1 | 90.9% |
| G009 | SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS | $1.07M | 31 | 4 | 3.9% |
| G008 | SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER | $496.2K | 36 | 8 | 1.8% |
| S119 | UTILITIES- OTHER | $300.7K | 7 | 1 | 1.1% |
| Q201 | MEDICAL- MANAGED HEALTHCARE | $196.2K | 7 | 2 | 0.7% |
| G007 | SOCIAL- GOVERNMENT HEALTH INSURANCE PROGRAMS | $155.6K | 8 | 1 | 0.6% |
| 5840 | RADAR EQUIPMENT, EXCEPT AIRBORNE | $83.0K | 1 | 1 | 0.3% |
| Z2BG | REPAIR OR ALTERATION OF ELECTRONIC AND COMMUNICATIONS FACILITIES | $54.0K | 1 | 1 | 0.2% |
| J070 | MAINT/REPAIR/REBUILD OF EQUIPMENT- ADP EQUIPMENT/SOFTWARE/SUPPLIES/SUPPORT EQUIPMENT | $50.9K | 2 | 1 | 0.2% |
| L049 | TECHNICAL REPRESENTATIVE- MAINTENANCE AND REPAIR SHOP EQUIPMENT | $35.0K | 5 | 1 | 0.1% |
08 / Buying Pattern
How does the government buy in NAICS 524128?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $26.74M | 43 |
| PURCHASE ORDER | $722.0K | 42 |
| BPA CALL | $132.5K | 16 |
| DEFINITIVE CONTRACT | $95.1K | 15 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 524128?
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 $27.69M market as addressable.