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NAICS Code 524292 Third Party Administration of Insurance and Pension Funds

The NAICS Code 524292 is described as
Third Party Administration of Insurance and Pension Funds
  • Claims processing services, insurance, third-party
  • Employee benefit plans, third-party administrative processing services
  • Insurance claims processing services, third party
  • Insurance fund, third party administrative services (except claims adjusting only)
  • Insurance plan administrative services (except claims adjusting only), third-party
  • Pension fund, third party administrative services
  • Third Party Administration of Insurance and Pension Funds

Description
This U.S. industry comprises establishments primarily engaged in providing third party administration services of insurance and pension funds, such as claims processing and other administrative services to insurance carriers, employee-benefit plans, and self-insurance funds.

Establishments primarily engaged in-
· Managing the portfolio assets (i.e., funds) of others-are classified in Industry 523920, Portfolio Management; and
· Providing actuarial consulting services-are classified in U.S. Industry 541612, Human Resources Management and Executive Search Consulting Services.

(2019-08-02)

It belongs to the code group
NAICS Code 52429 Other Insurance Related Activities

To this Code "524292" belongs the sub codes
(No direct sub codes available)


The equivalent ISIC Code (Rev. 3.1) is
6720: Activities auxiliary to insurance and pension funding
  Activités auxiliaires des assurances et caisses de retraite

The nearest NACE Code (Rev. 1.1) is
67.20: Mit den Versicherungen verbundene Tätigkeiten
67.20: Activities auxiliary to insurance and pension funding

The equivalent CPC Code (Rev. 1.1) is
xxxx: No Code defined

Translation of the Code description
524292: Third Party Administration of Insurance and Pension Funds
(2019-08-02)

Alternative Spellings (synonyms): Fund, Funde
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