$35,380
GLOBAL AEROSPACE, INC
Federal Aviation Administration
- PIID
- 693KA926F00066
- PSC
- G008 - SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER
Federal NAICS Codes
NAICS 524291
Claims Adjusting
Explore obligations, trends, recent awards, and incumbent contractors for NAICS 524291.
NAICS 524291 federal market metrics
- Total obligations
- $1.8B
- Total awards
- 821 awards
- Active obligations
- $100.2K
- Size standard
- $25,000,000 receipts
What this NAICS covers
NAICS 524291 covers investigating, evaluating, and settling insurance claims, including on-site loss assessment, damage estimation, coordination with claimants and carriers, preparing adjustment reports, and negotiating settlements according to policy terms.
Federal opportunities under 524291 typically involve providing independent claim investigation and settlement services to document losses, produce technical adjustment reports, estimate repair or replacement costs, recommend payouts, and support audit-ready claims records for government insurance or recovery programs.
FY2025 snapshot
- Obligations
- $6M
- Awards
- 2
- Average award
- $3M
- Change from FY2024
- +9,126%
Federal obligation trend
FY2021
$2.4M · 3 awards
FY2022
$754.3K · 3 awards
FY2023
$2.3M · 2 awards
FY2024
$64.6K · 3 awards
FY2025
$6M · 2 awards
FY2026
$35.4K · 1 award
Recent awards
$5,930,000
APPRIO INC
Federal Prison System / Bureau of Prisons
- PIID
- 15BPCC25C00000014
- PSC
- Q601 - MEDICAL CODING AND AUDITING
$33,350
GLOBAL AEROSPACE, INC
Federal Aviation Administration
- PIID
- 693KA925F00074
- PSC
- G008 - SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER
FAQ
What work fits NAICS 524291?
- On-site adjustment and settlement of vehicle insurance claims after incidents, including damage estimates, photos, and claimant interviews.
- Catastrophic event rapid-response teams providing triage inspections, temporary loss mitigation recommendations, and per-claim scopes for multiple-claim events.
- Third-party neutral damage appraisals and detailed repair cost estimates used to determine government-owned vehicle settlement amounts.
- Salvage valuation, disposition recommendations, and coordination with auction agents to document chain-of-custody and maximize recovery.
When is NAICS 524291 a weak fit?
- Call-center claims intake or adjudication contracts that handle first-notice-of-loss and data entry but do not perform on-site inspections or settlement negotiations, which removes adjusting authority.
- Forensic engineering engagements that require laboratory testing and product reconstruction, which exceed loss-estimation and settlement duties of an adjuster.
- Insurance brokerage or underwriting services focused on risk placement and premium negotiation, which lack claim adjustment, field assessment, and settlement execution.
What solicitation language points to NAICS 524291?
- Requirements for adjuster certification levels, delegated settlement authority amounts, and background checks for access to sensitive claim records.
- Time-to-inspect performance metrics such as initial on-site inspection within specified hours after notice and deliverable windows for written estimate submissions.
- Deliverables listing site photos, detailed line-item repair estimates, chain-of-custody logs for salvaged items, and signed claimant settlement releases.
Put this market knowledge to work
Now that you know about NAICS 524291 - Claims Adjusting, let Sweetspot help you find and win relevant government contracts with AI-powered tools.