Activities auxiliary to insurance and pension funding

NACE v2.0 Code: K66.2

About activities auxiliary to insurance and pension funding

NACE code 66.2 covers a range of activities that support the insurance and pension funding industries. These auxiliary services play a crucial role in the broader financial sector, enabling insurance companies and pension funds to function efficiently and effectively. This industry encompasses activities such as claims adjustment, actuarial services, and the management of insurance and pension portfolios, all of which are essential for the smooth operation of these vital financial institutions.

Production process

The main production techniques in this industry involve the application of specialized knowledge and expertise to provide support services to insurance and pension providers. This may include the use of actuarial models and data analysis to assess risk, the development of investment strategies to manage pension and insurance funds, and the processing and settlement of insurance claims. These activities often rely on advanced software and information systems to streamline operations and ensure accuracy.

Production inputs

The key inputs required for this industry include a highly skilled workforce with expertise in areas such as finance, risk management, and data analysis. Additionally, access to comprehensive data on insurance and pension markets, as well as advanced computing and information technology infrastructure, are essential for the effective delivery of these auxiliary services.

Production outputs

The primary outputs of this industry are the various support services provided to insurance companies and pension funds, which enable them to manage their operations, assess and mitigate risks, and deliver their core products and services to consumers. The outputs of this industry are consumed by a range of other NACE codes, including 65.1 Insurance, 65.2 Reinsurance), and [nc_link(64.3)Pension funding.

Revisions to 66.2

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 66.2. The most recent 1 version of this code (66.2) is in the NACE v2.1 system:

This page shows a legacy version of code 66.2 ( NACE v2.0).

Newer versions

Related ISIC Codes

These isic codes are related to this econ code: (66.2).

ISIC code ISIC Version ISIC title
662ISIC v4.0Activities auxiliary to insurance and pension funding

Family tree for activities auxiliary to insurance and pension funding

    graph LR
    A["<a href='/classifications/nace/v2/K'>K: FINANCIAL AND INSURANCE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2/K/66'>66: Activities auxiliary to financial services and insurance activities</a>"]
B --> C["<a href='/classifications/nace/v2/K/66/2'>66.2: Activities auxiliary to insurance and pension funding</a>"]

    B --> D["<a href='/classifications/nace/v2/K/66/1'>66.1: Activities auxiliary to financial services, except insurance and pension funding</a>"]
B --> E["<a href='/classifications/nace/v2/K/66/3'>66.3: Fund management activities</a>"]

    C --> F["<a href='/classifications/nace/v2/K/66/21'>66.21: Risk and damage evaluation</a>"]
C --> G["<a href='/classifications/nace/v2/K/66/22'>66.22: Activities of insurance agents and brokers</a>"]
C --> H["<a href='/classifications/nace/v2/K/66/29'>66.29: Other activities auxiliary to insurance and pension funding</a>"]


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    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