Activities auxiliary to insurance and pension funding
ISIC v4.0 Code: 662
About activities auxiliary to insurance and pension funding
isic code 662, 'Activities auxiliary to insurance and pension funding', encompasses a vital set of services that support the insurance and pension industries. These auxiliary activities play a crucial role in the broader financial ecosystem, ensuring the smooth operation and risk management of insurance and pension providers. This industry is particularly important in developed economies, where robust insurance and pension systems are essential for individual and societal financial security.
Production process
The main production techniques in this industry involve the provision of specialized services to insurance and pension companies. This includes activities such as actuarial consulting, risk assessment, claims processing, and the administration of insurance and pension plans. Professionals in this industry utilize a range of analytical tools, data management systems, and regulatory expertise to deliver these services.
Production inputs
The key inputs required for this industry include highly skilled professionals, such as actuaries, underwriters, and claims adjusters, who possess specialized knowledge and expertise in the insurance and pension sectors. Additionally, this industry relies on robust data management systems, analytical software, and access to relevant industry data and regulatory frameworks.
Production outputs
The primary outputs of this industry are the various services provided to insurance and pension companies, which enable them to effectively manage risk, administer plans, and serve their clients. These outputs are then consumed by 651 Life insurance and 652 Non-life insurance companies, as well as 653 Pension funding providers, who utilize these auxiliary services to enhance their own operations and service delivery.
Family tree for activities auxiliary to insurance and pension funding
graph LR
A["<a href='/classifications/isic/v4/K'>K: Financial and insurance activities</a>"]
A --> B["<a href='/classifications/isic/v4/K/66'>66: Activities auxiliary to financial service and insurance activities</a>"]
B --> C["<a href='/classifications/isic/v4/K/662'>662: Activities auxiliary to insurance and pension funding</a>"]
B --> D["<a href='/classifications/isic/v4/K/661'>661: Activities auxiliary to financial service activities, except insurance and pension funding</a>"]
B --> E["<a href='/classifications/isic/v4/K/663'>663: Fund management activities</a>"]
C --> F["<a href='/classifications/isic/v4/K/6621'>6621: Risk and damage evaluation</a>"]
C --> G["<a href='/classifications/isic/v4/K/6622'>6622: Activities of insurance agents and brokers</a>"]
C --> H["<a href='/classifications/isic/v4/K/6629'>6629: Other activities auxiliary to insurance and pension funding</a>"]
%% Color coordination by level
classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px
%% Apply classes
class A level1
class B level2
class C level3
class D level3
class E level3
class F level4
class G level4
class H level4
class C highlight
%% class A level1
%% class B,C level2
%% class D,E,F,G,H,I level2
%% class J,K,L,M,N,O,P level3
%% class C highlight