01 / NAICS Market Profile
NAICS 524126 Direct Property And Casualty Insurance Carriers Federal Contracts
North American Industry Classification System code 524126
Federal contract activity classified under Direct Property And Casualty Insurance Carriers across FY 2019–FY 2025. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 524126 federal market?
03 / Spending Trend
NAICS 524126 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.
Latest closed fiscal year$3.23M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $4.07M | 42 | 15 | 14 | — |
| FY 2020 | $8.25M | 40 | 19 | 14 | +102.6% |
| FY 2021 | $11.40M | 55 | 20 | 13 | +38.2% |
| FY 2022 | $3.37M | 53 | 20 | 14 | −70.5% |
| FY 2023 | $5.71M | 47 | 18 | 10 | +69.6% |
| FY 2024 | $276.3K | 52 | 17 | 11 | −95.2% |
| FY 2025 | $3.23M | 53 | 19 | 12 | +1,068.0% |
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 |
|---|---|---|---|---|---|
| HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF | 8600 | $18.17M | 51 | 4 | 50.1% |
| VETERANS AFFAIRS, DEPARTMENT OF | 3600 | $12.29M | 14 | 1 | 33.8% |
| STATE, DEPARTMENT OF | 1900 | $3.07M | 114 | 10 | 8.5% |
| DEPT OF THE ARMY | 2100 | $610.2K | 22 | 3 | 1.7% |
| DISTRICT OF COLUMBIA COURTS | 9534 | $596.4K | 5 | 1 | 1.6% |
| DEPT OF THE AIR FORCE | 5700 | $525.8K | 32 | 4 | 1.4% |
| U.S. FISH AND WILDLIFE SERVICE | 1448 | $240.0K | 32 | 3 | 0.7% |
| INTERNAL REVENUE SERVICE | 2050 | $233.8K | 2 | 1 | 0.6% |
| DEPT OF THE NAVY | 1700 | $175.9K | 15 | 4 | 0.5% |
| SMITHSONIAN INSTITUTION | 3300 | $96.3K | 12 | 4 | 0.3% |
05 / Contracting Offices
Which contracting offices buy in NAICS 524126?
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 | $12.29M | 14 | 1 | 33.8% |
| CPO : RESEARCH AND COMMUNITY SUPPOR | 866157 | HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF | $12.22M | 32 | 3 | 33.7% |
| CPO : FHA HOUSING SUPPORT DIVISION | 866156 | HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF | $5.95M | 19 | 1 | 16.4% |
| U.S. EMBASSY JERUSALEM | 191S40 | STATE, DEPARTMENT OF | $1.03M | 5 | 1 | 2.8% |
| AMERICAN EMBASSY TEL AVIV | 191S70 | STATE, DEPARTMENT OF | $609.5K | 27 | 1 | 1.7% |
| DC COURTS | 95C678 | DISTRICT OF COLUMBIA COURTS | $596.4K | 5 | 1 | 1.6% |
| W3ZL OFC PM SANG MOD PROG | W90BRJ | DEPT OF THE ARMY | $452.0K | 12 | 1 | 1.2% |
| U.S. EMBASSY MEXICO | 19MX53 | STATE, DEPARTMENT OF | $437.5K | 23 | 1 | 1.2% |
| ACQUISITIONS - INL | 191NLE | STATE, DEPARTMENT OF | $436.8K | 9 | 2 | 1.2% |
| FA4486 765 ABS CONF | FA4486 | DEPT OF THE AIR FORCE | $390.2K | 21 | 2 | 1.1% |
06 / Top Vendors
Which contractors lead the NAICS 524126 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| AMERICAN PET INSURANCE COMPANY | $12.29M | 14 | 1 | 33.8% | Jul 13, 2022 |
| NUVOLOGIC CONSULTING INC | $5.95M | 19 | 1 | 16.4% | Sep 5, 2025 |
| GROVE STREET INVESTMENT, LLC | $5.59M | 23 | 1 | 15.4% | Nov 18, 2023 |
| NUVOSUM CONSULTING, LLC | $3.39M | 3 | 1 | 9.3% | Dec 5, 2022 |
| WASEYABEK FALCON JV, LLC | $3.23M | 6 | 1 | 8.9% | Mar 27, 2025 |
| BITUHIT - YOSSI SCHWARTZ INSURANCE AGANCY | $1.63M | 32 | 1 | 4.5% | Nov 15, 2024 |
| ARMOUR INSURANCE PROFESSIONALS, INC. | $596.4K | 5 | 1 | 1.6% | Sep 26, 2025 |
| ALLIANT INSURANCE SERVICES, INC. | $513.1K | 15 | 2 | 1.4% | Sep 11, 2025 |
| AXA COOPERATIVE INSURANCE CO. | $449.0K | 15 | 1 | 1.2% | Oct 26, 2023 |
| A.N.A. COMPANIA DE SEGUROS, S.A. DE C.V. | $437.5K | 23 | 1 | 1.2% | Sep 11, 2025 |
07 / Product and Service Mix
What products and services are purchased under NAICS 524126?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| R710 | SUPPORT- MANAGEMENT: FINANCIAL | $18.17M | 51 | 4 | 50.1% |
| G008 | SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER | $9.64M | 73 | 11 | 26.6% |
| 6515 | MEDICAL AND SURGICAL INSTRUMENTS, EQUIPMENT, AND SUPPLIES | $4.49M | 3 | 1 | 12.4% |
| G009 | SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS | $3.01M | 173 | 19 | 8.3% |
| P200 | SALVAGE- AIRCRAFT | $439.1K | 8 | 1 | 1.2% |
| R424 | SUPPORT- PROFESSIONAL: EXPERT WITNESS | $233.8K | 2 | 1 | 0.6% |
| R499 | SUPPORT- PROFESSIONAL: OTHER | $79.5K | 9 | 2 | 0.2% |
| S202 | HOUSEKEEPING- FIRE PROTECTION | $45.2K | 2 | 1 | 0.1% |
| B506 | SPECIAL STUDIES/ANALYSIS- DATA (OTHER THAN SCIENTIFIC) | $34.2K | 3 | 2 | 0.1% |
| R699 | SUPPORT- ADMINISTRATIVE: OTHER | $31.4K | 2 | 1 | 0.1% |
08 / Buying Pattern
How does the government buy in NAICS 524126?
| Common action type | Obligations | Actions |
|---|---|---|
| PURCHASE ORDER | $2.31M | 134 |
| DELIVERY ORDER | $20.13M | 112 |
| DEFINITIVE CONTRACT | $13.73M | 76 |
| BPA CALL | $125.0K | 20 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 524126?
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 $36.30M market as addressable.