2017 NAICS Definition

T = Canadian, Mexican, and United States industries are comparable.

524292 Third Party Administration of Insurance and Pension Funds

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.

Cross-References. 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 Consulting Services.
2007
NAICS
  2012
NAICS
  2017
NAICS
  Corresponding Index
Entries
524292   524292   524292   Claims processing services, insurance, third party
524292   524292   524292   Employee benefit plans, third party administrative processing services
524292   524292   524292   Insurance claims processing services, third party
524292   524292   524292   Insurance fund, third party administrative services (except claims adjusting only)
524292   524292   524292   Insurance plan administrative services (except claims adjusting only), third party
524292   524292   524292   Pension fund, third party administrative services