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 2019–FY 2025. 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 2019–FY 2025 profile window.
Latest closed fiscal year$52.23M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $54.80M | 576 | 64 | 20 | — |
| FY 2020 | $42.64M | 557 | 67 | 22 | −22.2% |
| FY 2021 | $14.82M | 580 | 59 | 14 | −65.3% |
| FY 2022 | $59.68M | 548 | 71 | 18 | +302.8% |
| FY 2023 | $42.92M | 580 | 57 | 14 | −28.1% |
| FY 2024 | $56.85M | 566 | 65 | 16 | +32.4% |
| FY 2025 | $52.23M | 576 | 66 | 17 | −8.1% |
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 |
|---|---|---|---|---|---|
| STATE, DEPARTMENT OF | 1900 | $199.48M | 3,658 | 112 | 61.6% |
| FEDERAL AVIATION ADMINISTRATION | 6920 | $91.53M | 34 | 2 | 28.3% |
| BUREAU OF THE FISCAL SERVICE | 2036 | $21.36M | 13 | 1 | 6.6% |
| SECURITIES AND EXCHANGE COMMISSION | 5000 | $12.47M | 9 | 2 | 3.8% |
| MARITIME ADMINISTRATION | 6938 | $7.75M | 34 | 3 | 2.4% |
| CORPORATION FOR NATIONAL AND COMMUNITY SERVICE | 9577 | $4.98M | 2 | 1 | 1.5% |
| VETERANS AFFAIRS, DEPARTMENT OF | 3600 | $1.36M | 72 | 4 | 0.4% |
| U.S. CUSTOMS AND BORDER PROTECTION | 7014 | $1.20M | 28 | 4 | 0.4% |
| U.S. IMMIGRATION AND CUSTOMS ENFORCEMENT | 7012 | $915.6K | 17 | 2 | 0.3% |
| OFFICE OF THE ASSISTANT SECRETARY FOR ADMINISTRATION AND MANAGEMENT | 1605 | $908.7K | 6 | 1 | 0.3% |
05 / Contracting Offices
Which contracting offices buy in NAICS 524210?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| 693KA7 ENROUTE & TERMINAL CONTRACTS | 693KA7 | FEDERAL AVIATION ADMINISTRATION | $83.79M | 27 | 1 | 25.9% |
| U.S. EMBASSY BEIRUT | 19LE20 | STATE, DEPARTMENT OF | $31.59M | 101 | 3 | 9.8% |
| ARC DIV PROC SVCS - CNCS | 203464 | BUREAU OF THE FISCAL SERVICE | $21.36M | 13 | 1 | 6.6% |
| U.S.EMBASSY OTTAWA | 19CA52 | STATE, DEPARTMENT OF | $12.92M | 90 | 3 | 4.0% |
| SECURITIES AND EXCHANGE COMMISSION | 503102 | SECURITIES AND EXCHANGE COMMISSION | $12.47M | 9 | 2 | 3.8% |
| USDA/RD/CONTRACT OPERATIONS BRANCH | 12C0BZ | RURAL HOUSING SERVICE | $11.55M | 1 | 1 | 3.6% |
| U.S.EMBASSY GUATEMALA CITY | 19GT50 | STATE, DEPARTMENT OF | $8.06M | 36 | 1 | 2.5% |
| 693JF7 DOT MARITIME ADMINISTRATION | 693JF7 | MARITIME ADMINISTRATION | $7.75M | 34 | 3 | 2.4% |
| 693JF9 HEADQUARTERS | 693JF9 | FEDERAL AVIATION ADMINISTRATION | $7.74M | 7 | 2 | 2.4% |
| U.S. EMBASSY BRASILIA | 19BR25 | STATE, DEPARTMENT OF | $7.57M | 45 | 3 | 2.3% |
06 / Top Vendors
Which contractors lead the NAICS 524210 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES, INC. | $92.49M | 61 | 6 | 28.6% | Sep 24, 2025 |
| MISCELLANEOUS FOREIGN AWARDEES | $58.73M | 827 | 3 | 18.1% | Sep 22, 2025 |
| INTERNATIONAL MEDICAL GROUP, INC. | $26.35M | 18 | 3 | 8.1% | Sep 25, 2025 |
| METROPOLITAN LIFE INSURANCE COMPANY (INC) | $13.19M | 11 | 2 | 4.1% | Jan 20, 2022 |
| THE CANADA LIFE ASSURANCE COMPANY | $12.64M | 44 | 1 | 3.9% | Mar 13, 2025 |
| AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $11.59M | 28 | 1 | 3.6% | Sep 30, 2025 |
| SEGUROS UNIVERSALES, S.A. | $8.06M | 36 | 1 | 2.5% | Sep 18, 2025 |
| SEGUROS CARACAS DE LIBERTY MUTUAL C.A. | $7.85M | 27 | 1 | 2.4% | Sep 19, 2025 |
| BRADESCO SAUDE S/A | $7.18M | 19 | 1 | 2.2% | Sep 3, 2025 |
| PAK-QATAR FAMILY TAKAFUL LIMITED | $6.56M | 97 | 1 | 2.0% | Jul 29, 2025 |
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 | $112.73M | 605 | 36 | 34.8% |
| G007 | SOCIAL- GOVERNMENT HEALTH INSURANCE PROGRAMS | $99.24M | 1,146 | 44 | 30.6% |
| G009 | SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS | $67.98M | 1,606 | 62 | 21.0% |
| R499 | SUPPORT- PROFESSIONAL: OTHER | $29.31M | 61 | 11 | 9.0% |
| R408 | SUPPORT- PROFESSIONAL: PROGRAM MANAGEMENT/SUPPORT | $12.50M | 7 | 1 | 3.9% |
| G006 | SOCIAL- GOVERNMENT LIFE INSURANCE PROGRAMS | $9.50M | 289 | 17 | 2.9% |
| S216 | HOUSEKEEPING- FACILITIES OPERATIONS SUPPORT | $6.25M | 6 | 2 | 1.9% |
| Q201 | MEDICAL- GENERAL HEALTH CARE | $2.27M | 52 | 8 | 0.7% |
| B537 | SPECIAL STUDIES/ANALYSIS- MEDICAL/HEALTH | $1.15M | 10 | 3 | 0.4% |
| Q999 | MEDICAL- OTHER | $1.15M | 20 | 4 | 0.4% |
08 / Buying Pattern
How does the government buy in NAICS 524210?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $177.97M | 3,011 |
| PURCHASE ORDER | $15.96M | 613 |
| DEFINITIVE CONTRACT | $130.00M | 359 |
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 $323.93M market as addressable.