Variant of NAICS 1997 - Labour Force Survey (LFS) Industries

524129 - Other Direct Insurance (except Life, Health and Medical) Carriers

This Canadian industry comprises establishments, not classified to any other Canadian industry, primarily engaged in underwriting insurance, other than life, health or medical, such as boiler and machinery insurance, surety insurance, fidelity insurance and marine and aircraft insurance, directly to policyholders.

Boiler and machinery insurance provides protection against losses resulting from faulty or malfunctioning machinery, including damage to the insured equipment as well as surrounding buildings and equipment. Surety insurance guarantees that an individual or company will complete work that it has promised to do. Fidelity insurance or fidelity bonds protect organizations against dishonest or fraudulent acts of their employees. Marine and aircraft insurance provides protection for losses to vessels, cargo and liability to passengers.

Establishments primarily engaged in underwriting title insurance, guaranteeing loans and insuring deposits and shares in depository institutions, or providing workers' compensation insurance are included.

  • Exclusion(s):

    Establishments primarily engaged in:

    • general and other reinsurance (See 524139 General and Other Reinsurance Carriers)
  • Example Activities:

    • Aircraft insurance
    • Bank deposit insurance
    • Boiler insurance
    • Deposit or share insurance
    • Fidelity insurance
    • Machinery and equipment insurance
    • Marine insurance
    • Workmen's compensation, insurance
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