Direct insurance (except life, health, and medical) carriers
NAICS Code: 524120
BLS projects Direct insurance (except life, health, and medical) carriers to grow +2.6% through 2034 - 0.2 points faster than the 2.4% average across 291 U.S. industries, faster-growing than 51% of them. Its trajectory is close to the typical U.S. industry.
Where Direct insurance (except life, health, and medical) carriers sits among all industries
Projected 2024–2034 growth across 291 U.S. industries (BLS). This industry is marked in rose.
Direct insurance (except life, health, and medical) carriers has projected growth of 2.6%. Distribution: 21 industries at -15--10%; 23 industries at -10--5%; 41 industries at -5-0%; 128 industries at 0-5%; 51 industries at 5-10%; 14 industries at 10-15%; 4 industries at 15-20%; 3 industries at 20-25%; 6 industries at 25-30%.
Industry Insight
The Direct insurance (except life, health, and medical) carriers industry is classified under NAICS code 524120 and employed approximately 678,500 workers in 2024 according to the Bureau of Labor Statistics Employment Projections program. By 2034, BLS projects employment will reach 695,900 - a net change of +17,400 jobs over the decade. That works out to a +2.6% projected growth rate, a measured but positive trajectory.
NAICS 524120 sits within a broader sector ecosystem whose health depends on demographic trends, technology adoption curves, and policy decisions on immigration, tax incentives, and labor regulation. The occupation mix inside Direct insurance (except life, health, and medical) carriers determines how AI displacement risk filters down to individual workers, industries dominated by clerical and routine analytical roles face the steepest exposure, while those anchored in physical skill, patient care, or creative judgment retain stronger resilience.
Use this industry profile alongside our occupation rankings and employer AI risk grades to build a full picture. The BLS publishes detailed wage and employment figures for each sector in its Occupational Employment and Wage Statistics and Employment Projections programs. The BLS Employment Projections methodology blends input-output modeling, productivity forecasts, and occupational staffing patterns, so estimates are directional rather than precise, and industry-level outcomes depend heavily on macroeconomic conditions that evolve between projection cycles.
Peer Industries by Employment
How Direct insurance (except life, health, and medical) carriers (NAICS 524120) compares to industries of similar size, ordered by 2024 BLS employment.
| Industry | 2024 | Growth |
|---|---|---|
| Pharmacies and drug retailers | 709,800 | -1.6% |
| General medical and surgical hospitals; local | 700,500 | +2.4% |
| Business support services | 691,000 | -2.8% |
| Direct insurance (except life, health, and medical) carriers | 678,500 | +2.6% |
| Fitness and recreational sports centers | 652,000 | +10.1% |
| Private households | 650,400 | +0.4% |
Peers are selected by similarity in 2024 employment. Figures in thousands. Source: BLS Employment Projections 2024–2034.
Frequently Asked Questions
How many people work in Direct insurance (except life, health, and medical) carriers?
As of 2024, the Direct insurance (except life, health, and medical) carriers industry employs approximately 678,500 workers in the United States, according to BLS Employment Projections data.
Is Direct insurance (except life, health, and medical) carriers growing or declining?
The Direct insurance (except life, health, and medical) carriers industry is projected to grow by 2.6% from 2024 to 2034, a net change of +17,400 jobs over the decade.
What jobs are in the Direct insurance (except life, health, and medical) carriers industry?
The Direct insurance (except life, health, and medical) carriers industry (NAICS 524120) employs workers across a range of occupations. Browse the full occupations directory to see AI exposure scores, wage data, and growth projections for specific roles common in this industry.
How will AI affect the Direct insurance (except life, health, and medical) carriers industry?
AI impact on the Direct insurance (except life, health, and medical) carriers industry depends on the specific occupation mix. Industries with more routine data processing and clerical roles tend to have higher AI displacement risk, while those requiring physical labor, complex judgment, or creative work face lower risk. View occupation-level AI exposure scores for detailed analysis.
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Source: Bureau of Labor Statistics Employment Projections 2024–2034 Bureau of Labor Statistics Employment Projections 2024–2034 Employment figures in thousands. Data reflects projected changes over the 2024–2034 decade