PayneWest Insurance
PayneWest Insurance (operating as Marsh McLennan Agency Northwest) is a regional insurance brokerage in the Northwestern United States that distributes personal and commercial insurance products to individuals, small and mid-size businesses, and industry-specific commercial clients through agent-led sales and digital channels, operating as a subsidiary of Marsh & McLennan Companies.
- Company typePrivate
- Founded2013
- HeadquartersBillings, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What PayneWest Insurance does
PayneWest Insurance, operating as Marsh McLennan Agency Northwest and MMA Northwest, is a regional insurance brokerage headquartered in Billings, Montana, that distributes personal and commercial insurance products across the Northwestern United States. The firm is structured as a subsidiary of Marsh & McLennan Agency LLC, which is itself a subsidiary of the publicly traded global professional services conglomerate Marsh & McLennan Companies (NYSE: MMC). Founded in 2013, PayneWest employs between 501 and 1,000 staff and operates multiple regional offices serving local communities throughout the Northwest.
The company offers a comprehensive product portfolio organized across two divisions. Personal Insurance covers auto, home, renters, life, health, pet, RV, travel, umbrella, watercraft, and wedding coverage sourced from multiple top national carriers. Business Insurance spans employee health and benefits, small business, construction, cybersecurity, alternative risk, surety bonds, agriculture/farm, healthcare, transportation, energy, financial institutions, and trade association programs. The underlying technology consists of a brokerage platform with digital quote request capabilities, a claims management portal, and carrier partner network connectivity, without disclosed proprietary AI/ML or advanced data systems.
PayneWest generates revenue through insurance brokerage commissions earned as a percentage of premium written with carrier partners, with potential volume bonuses on placed business. Its go-to-market combines direct agent-led field sales, inside sales, and digital self-serve quote capture forms targeting both SMB/employer accounts and individual consumers in the Northwest region. Distribution is multi-channel, leveraging carrier partner relationships alongside local office presence and content marketing through blog, social media, and community engagement initiatives. The company does not publicly disclose pricing, revenue figures, funding, or detailed financial metrics.
PayneWest Insurance firmographics
Firmographics- Name
- PayneWest Insurance
- Legal name
- Marsh & McLennan Agency LLC
- Website
- https://paynewest.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- PayneWest Insurance (operating as Marsh McLennan Agency Northwest) is a regional insurance brokerage in the Northwestern United States that distributes personal and commercial insurance products to individuals, small and mid-size businesses, and industry-specific commercial clients through agent-led sales and digital channels, operating as a subsidiary of Marsh & McLennan Companies.
- Ownership category
- akta.pro rank
PayneWest Insurance industry classification
Industry- Product category
- Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Commercial Lines Insurance Brokerage (FSAEADAB)
- akta.pro secondary industry
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
Keywords
Where PayneWest Insurance is headquartered
LocationHeadquarters
- HQ city
- Billings
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PayneWest Insurance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Insurance Brokerage Commissions: Earns commissions from insurance carriers for placing business. Commissions are typically a percentage of premium written, with potential for volume bonuses from carrier partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Personal Insurance (Auto, Home, Renters, Life, Health, Pet, RV, Travel, Umbrella, Watercraft, Wedding) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
PayneWest Insurance product offering
Product offeringCore offering
PayneWest Insurance is an insurance brokerage firm that provides business insurance, surety bonding, and employee benefit planning services to clients. The firm operates as a subsidiary of Marsh & McLennan Agency LLC, connecting customers with insurance carrier partners for coverage and risk management solutions.
Product overview
PayneWest Insurance (operating as Marsh McLennan Agency Northwest) is a wholesale insurance brokerage offering a comprehensive portfolio of insurance products across personal and commercial lines. The core offering consists of Personal Insurance and Business Insurance divisions. Personal Insurance includes auto, home, renters, life, health, pet, RV, travel, umbrella, watercraft, and wedding coverage. Business Insurance encompasses employee health and benefits, small business, construction, cybersecurity, alternative risk, surety bonds, agriculture/farm, healthcare, transportation, financial institutions, energy, and trade association coverage. The company operates as part of the Marsh McLennan Agency network, leveraging global reach while maintaining local market expertise in the Northwest region.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Insurance
- Surety Bonding
- Employee Benefit Planning
Companies that use PayneWest Insurance
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles1 record
PayneWest Insurance technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
PayneWest Insurance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Marsh & McLennan Agency (Parent Company)flagshipMarsh McLennan Agency Northwest is a subsidiary of Marsh & McLennan Agency LLC, part of the global Marsh & McLennan Companies network. This affiliation provides access to global insurance expertise, resources, and carrier relationships while maintaining local market focus.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
PayneWest Insurance competitors and assessment
Company assessmentDirect peers
- Hub International: Large North American insurance brokerage offering personal, commercial, and employee benefits products through regional offices. Directly comparable to PayneWest in product mix, agency model, and multi-carrier distribution.
- Brown & Brown, Inc. National insurance brokerage built through regional roll-ups providing P&C, employee benefits, and personal lines. Comparable to PayneWest in product breadth and reliance on commissioned agency distribution.
- USI Insurance Services: Mid-market focused insurance brokerage with a strong employee benefits and commercial lines practice. Directly comparable to PayneWest in target client segment, carrier-agnostic placement model, and benefits-led growth.
- AssuredPartners: National insurance brokerage formed through acquisition of regional agencies across the US. Closely comparable business model to PayneWest: multi-carrier, multi-vertical, region-rooted brokerage rolled into a larger platform.
- Heffernan Insurance Brokers: Independent insurance brokerage focused on commercial and personal lines with strong carrier relationships. Comparable to PayneWest in mid-market commercial emphasis and multi-carrier brokerage approach.
- Insurance Office of America: Privately held insurance brokerage offering personal, commercial, and employee benefits coverage nationally. Comparable in product breadth, agency-led sales model, and target on SMB and mid-market clients.
- Woodruff-Sawyer & Co. West Coast-headquartered insurance brokerage with strong commercial and executive lines expertise. Comparable to PayneWest in Pacific Northwest regional roots and multi-line brokerage offerings.
Broad incumbents
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with extensive retail brokerage operations across the US. Overlaps significantly with PayneWest in commercial and personal lines brokerage but at much greater scale and geographic reach.
- Acrisure: Fast-growing insurance brokerage and financial services platform built through aggressive regional roll-ups. Comparable in agency model, multi-carrier distribution, and consolidation strategy, though much larger in scale.
Regional players
- Leavitt Group: Western US-focused insurance brokerage offering personal, commercial, and benefits products with deep regional roots. Highly comparable to PayneWest in Northwest-style regional concentration and community-anchored agency model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
PayneWest Insurance social profiles
Digital presencePayneWest Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
PayneWest Insurance leadership team
Management profileNumber of profiles
Profiles3 records
PayneWest Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PayneWest Insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PayneWest Insurance
What does PayneWest Insurance do?
PayneWest Insurance is an insurance brokerage firm that provides business insurance, surety bonding, and employee benefit planning services to clients. The firm operates as a subsidiary of Marsh & McLennan Agency LLC, connecting customers with insurance carrier partners for coverage and risk management solutions.
Is PayneWest Insurance a public or private company?
PayneWest Insurance is a private company. It is classified as corporate owned and is currently operating.
When was PayneWest Insurance founded?
PayneWest Insurance was founded in 2013. It employs 501 to 1,000 people.
Where is PayneWest Insurance based?
PayneWest Insurance is headquartered in Billings, United States, in the North America region.
How does PayneWest Insurance make money?
One revenue line is on record: insurance Brokerage Commissions.
Who are PayneWest Insurance's main competitors?
Direct peers on record are Hub International, Brown & Brown, Inc., USI Insurance Services, AssuredPartners, Heffernan Insurance Brokers, Insurance Office of America and Woodruff-Sawyer & Co.. Broad incumbents are Arthur J. Gallagher & Co. and Acrisure. Leavitt Group is listed as a regional player.
Does PayneWest Insurance have an API?
No public API is recorded for PayneWest Insurance.
What industry is PayneWest Insurance in?
PayneWest Insurance's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAEADAB, Commercial Lines Insurance Brokerage, with a secondary code of FSAEADAA, Retail (Personal Lines) Insurance Brokerage. Its NAICS code is 52421 and its SIC code is 6411.