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The Finance and Insurance sector comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities are identified: 1. Raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities. Establishments engaged in this activity use raised funds to acquire financial assets by making loans and/or purchasing securities. Putting themselves at risk, they channel funds from lenders to borrowers and transform or repackage the funds with respect to maturity, scale, and risk. This activity is known as financial intermediation. 2. Pooling of risk by underwriting insurance and annuities. Establishments engaged in this activity collect fees, insurance premiums, or annuity considerations; build up reserves; invest those reserves; and make contractual payments. Fees are based on the expected incidence of the insured risk and the expected return on investment. 3. Providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs. In addition, monetary authorities charged with monetary control are included in this sector. The subsectors, industry groups, and industries within the NAICS Finance and Insurance sector are defined on the basis of their unique production processes. As with all industries, the production processes are distinguished by their use of specialized human resources and specialized physical capital. In addition, the way in which these establishments acquire and allocate financial capital, their source of funds, and the use of those funds provides a third basis for distinguishing characteristics of the production process. For instance, the production process in raising funds through deposit-taking is different from the process of raising funds in bond or money markets. The process of making loans to individuals also requires different production processes than does the creation of investment pools or the underwriting of securities. Most of the Finance and Insurance subsectors contain one or more industry groups of (1) intermediaries with similar patterns of raising and using funds and (2) establishments engaged in activities that facilitate, or are otherwise related to, that type of financial or insurance intermediation. Industries within this sector are defined in terms of activities for which a production process can be specified, and many of these activities are not exclusive to a particular type of financial institution. To deal with the varied activities taking place within existing financial institutions, the approach is to split these institutions into components performing specialized services. This requires defining the units engaged in providing those services and developing procedures that allow for their delineation. These units are the equivalents for finance and insurance of the establishments defined for other industries. The output of many financial services, as well as the inputs and the processes by which they are combined, cannot be observed at a single location and can only be defined at a higher level of the organizational structure of the enterprise. Additionally, a number of independent activities that represent separate and distinct production processes may take place at a single location belonging to a multilocation financial firm. Activities are more likely to be homogeneous with respect to production characteristics than are locations, at least in financial services. The classification defines activities broadly enough that it can be used both by those classifying by location and by those employing a more top-down approach to the delineation of the establishment. Establishments engaged in activities that facilitate, or are otherwise related to, the various types of intermediation have been included in individual subsectors, rather than in a separate subsector dedicated to services alone because these services are performed by intermediaries, as well as by specialist establishments, the extent to which the activity of the intermediaries can be separately identified is not clear. The Finance and Insurance sector has been defined to encompass establishments primarily engaged in financial transactions; that is, transactions involving the creation, liquidation, change in ownership of financial assets; or in facilitating financial transactions. Financial industries are extensive users of electronic means for facilitating the verification of financial balances, authorizing transactions, transferring funds to and from transactors' accounts, notifying banks (or credit card issuers) of the individual transactions, and providing daily summaries. Since these transaction processing activities are integral to the production of finance and insurance services, establishments that principally provide a financial transaction processing service are classified to this sector, rather than to the data processing industry in the Information sector. Legal entities that hold portfolios of assets on behalf of others are significant and data on them are required for a variety of purposes. Thus for NAICS, these funds, trusts, and other financial vehicles are the fifth subsector of the Finance and Insurance sector. These entities earn interest, dividends, and other property income, but have little or no employment and no revenue from the sale of services. Separate establishments and employees devoted to the management of funds are classified in Industry Group 5239, Other Financial Investment Activities.
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Denotes bidding opportunities that have been amended
| Illinois - US | Agency | Bid Type | Due Date | As PDF |
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Flexible Spending Account Administration
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 09, 2024 |
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| Indiana - US | Agency | Bid Type | Due Date | As PDF |
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Loan Contract
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 29, 2024 |
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| Kansas - US | Agency | Bid Type | Due Date | As PDF |
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Employee Insurance and Benefit Brokerage Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 28, 2024 |
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| Kentucky - US | Agency | Bid Type | Due Date | As PDF |
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Insurance Broker Service
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 26, 2024 |
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Health Insurance (Medical Third-Party Administrator)
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 02, 2024 |
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DENTAL COVERAGE
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 19, 2024 |
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Excess Liability Insurance
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 01, 2024 |
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| Louisiana - US | Agency | Bid Type | Due Date | As PDF |
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MiSeq Maintenance Coverage Plan
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 30, 2024 |
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INSURANCE AND BOND COVERAGES
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 21, 2024 |
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Insurance Producer Of Record Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 07, 2024 |
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| Maine - US | Agency | Bid Type | Due Date | As PDF |
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University Financing Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 03, 2024 |
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Flexible Spending Account and COBRA\/Retiree Medical Administration
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 03, 2024 |
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| Maryland - US | Agency | Bid Type | Due Date | As PDF |
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Investment Consulting Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 29, 2024 |
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State Disbursement Unit Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 28, 2024 |
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OPEB Investment Management Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 30, 2024 |
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Sources Sought\/Follow-on RFI to 28321324RI0000017
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | Federal Prebids | Apr. 19, 2024 |
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Short-and-Long Term Group Disability and Life Insurance Policy
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 09, 2024 |
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FLEXIBLE SPENDING ACCOUNT ADMINISTRATION
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 19, 2024 |
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Stop Loss
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 26, 2024 |
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Workers' Compensation Third Party Administrator
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 08, 2024 |
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Flexible Spending Account Administration and Tuition Reimbursement Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 09, 2024 |
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Property and Casualty Insurance Broker Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 13, 2024 |
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Actuarial Consulting on Required Coverage
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 10, 2024 |
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Pet Insurance
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Jun. 20, 2024 |
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| Massachusetts - US | Agency | Bid Type | Due Date | As PDF |
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Payroll and Vendor Banking Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 01, 2024 |
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Medical Billing and Collection Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 25, 2024 |
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Health Benefit Plans
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 15, 2024 |
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Health Benefit Plans
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 15, 2024 |
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Actuarial Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 24, 2024 |
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Center And Support Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 31, 2024 |
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Procuring a Dental & Vision Consultant for the Group Insurance Commission
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 23, 2024 |
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Excess Liability Broker Insurance Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 15, 2024 |
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| Michigan - US | Agency | Bid Type | Due Date | As PDF |
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PROVIDE INVESTMENT BANKING SERVICES
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Nov. 01, 2024 |
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Debt Collection Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 06, 2024 |
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Flexible Spending Account Administration
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 22, 2024 |
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School District Insurance
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 30, 2024 |
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Third-Party Administrator for CHILL Grant
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 24, 2024 |
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| Minnesota - US | Agency | Bid Type | Due Date | As PDF |
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Return on Investment Analysis
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 03, 2024 |
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Managed Care Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 26, 2024 |
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Dental Administration
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 01, 2024 |
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Post-65 Medical Insurance
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 01, 2024 |
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Life, AD&D, and Disability Insurance
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 06, 2024 |
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| Mississippi - US | Agency | Bid Type | Due Date | As PDF |
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SHORT TERM ACCIDENT INSURANCE
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Jun. 04, 2024 |
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| Missouri - US | Agency | Bid Type | Due Date | As PDF |
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Banking Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 24, 2024 |
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Banking Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | May. 02, 2024 |
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Broker Services - Employee Benefits
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 30, 2024 |
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BASIC LIFE\/OPTIONAL LIFE\/LONG TERM DISABILITY COVERAGE
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 24, 2024 |
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VISION BENEFITS
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 24, 2024 |
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Third Party Administrator Claims Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 26, 2024 |
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Employee Benefits Consulting Services
52 - Finance and Insurance (to see the full NAICS category code login or upgrade) |
login to see | State/Local Bids | Apr. 23, 2024 |
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