Midwest Builders' Casualty Group
Waypoint Mutual is a Kansas City-based mutual insurance carrier founded in 1982, providing monoline workers' compensation insurance to Midwest construction, manufacturing, and distribution businesses, distributed exclusively through independent insurance agency partners across 31 licensed states.
- Company typePrivate
- Founded1982
- HeadquartersKansas City, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Midwest Builders' Casualty Group does
Midwest Builders' Casualty Group, doing business as Waypoint Mutual, is a mutual insurance company founded in 1982 and headquartered in Kansas City, Missouri, specializing in monoline workers' compensation insurance. The company serves businesses in construction, manufacturing, distribution, equipment sales/service/rental, railroad, lumberyards, and related industries, primarily across the Midwest but licensed in 31 states. It holds an A.M. Best A-VII (Excellent) financial strength rating and reports a 97% policyholder retention rate over more than 40 years of operation.
Waypoint Mutual's product portfolio centers on workers' compensation coverage, augmented by claims management, loss control consulting, online workplace safety training, and two dividend plan options. The company operates a web-based policyholder and agent portal for claims reporting, premium remittance, and policy management, alongside a separate resource portal that publishes safety guidelines and industry updates. Flexible payment options include pay-as-you-go premium billing tied to actual payroll and traditional installment plans, with small and large deductible options available to policyholders.
Distribution is conducted exclusively through independent insurance agency partners, including HUB International Mid-America (partner since 1982), AssuredPartners of Missouri, Premier Consulting Partners, The Horton Group, Barker Phillips & Jackson, FNIC, and Commercial Risk Solutions. The company does not sell directly to consumers. As a mutual insurance company, it is policyholder-owned, and the firm is led by John Crowley as President and CEO. The company employs between 101 and 250 people.
Midwest Builders' Casualty Group firmographics
Firmographics- Name
- Midwest Builders' Casualty Group
- Legal name
- Waypoint Mutual
- Website
- https://mwbc.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Waypoint Mutual is a Kansas City-based mutual insurance carrier founded in 1982, providing monoline workers' compensation insurance to Midwest construction, manufacturing, and distribution businesses, distributed exclusively through independent insurance agency partners across 31 licensed states.
- Ownership category
- akta.pro rank
Midwest Builders' Casualty Group industry classification
Industry- Product category
- Workers' Compensation Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Construction Specialty (Wrap-Ups/Builders Risk/Contractors) (FSAJAGAH)
Keywords
Where Midwest Builders' Casualty Group is headquartered
LocationHeadquarters
- HQ city
- Kansas City
- HQ country
- United States
- HQ region
- North America
Markets served
Midwest Builders' Casualty Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Workers' Compensation Insurance Premiums: Monoline workers' compensation insurance sold through independent agency partners. Premiums are collected through flexible payment options including pay-as-you-go and traditional installment plans. The company offers dividend plans that may return value to policyholders.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Pay-as-you-go premium payments |
| Subscription | Annual | Traditional installment premium payments |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Midwest Builders' Casualty Group product offering
Product offeringCore offering
Midwest Builders' Casualty Group (operating as Waypoint Mutual) is a monoline workers' compensation insurance carrier providing policy coverage, claims management, and loss control services to construction, manufacturing, distribution, equipment services, railroad, and lumberyard businesses. Distribution occurs exclusively through independent insurance agencies, with supplemental online policyholder and agent portals enabling claims filing, premium remittance, and access to safety resources.
Product overview
Waypoint Mutual operates as a monoline workers' compensation insurance carrier offering a unified platform of coverage and risk management services. The core product is workers' compensation insurance, supported by claims management, loss control services, and online training programs. The company provides policyholder and agent portals for account management, claims reporting, and premium remittance, alongside dividend plans, deductible options, and flexible payment plans. All services are accessed through the company's digital portals, with a focus on construction, manufacturing, and related industries.
Differentiator
Problem solved
Functional benefit
Products and services
- Workers' Compensation Insurance Monoline workers' compensation insurance coverage offered through independent insurance agency partners, available in three insurance papers with two dividend plans, a range of deductible options, and flexible premium payment choices for construction, manufacturing, distribution, equipment services, railroad, lumberyard, and related employers.
- Claims Management Services User-friendly claim reporting and dedicated claims handling service for policyholders and agents, supported by manageable adjuster caseloads that enable expert guidance through the claims process and help mitigate experience modifier impacts on renewal pricing.
- Loss Control Services Industry-specific safety assistance and risk consulting for policyholders, providing sensible solutions to address the unique operational challenges of construction, manufacturing, distribution, equipment services, and related industries.
Quantifiable outcome
- 97% policyholder retention rate
- +2 more outcomes
Companies that use Midwest Builders' Casualty Group
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles3 records
Midwest Builders' Casualty Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Midwest Builders' Casualty Group partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- AssuredPartners of Missouri, LLCcoreAssuredPartners of Missouri is an insurance agency that represents Waypoint Mutual as a distribution partner. Multiple testimonials from their representatives (Cody Thorne, Eric Kaup) highlight Waypoint Mutual as a premier carrier partner with exceptional loss control and claims management capabilities. The partnership emphasizes competitive pricing and top-notch service.
- FNICcoreFNIC (presumably an insurance agency/broker) partners with Waypoint Mutual for workers' compensation coverage. Representative Clyde Wilberger describes Waypoint Mutual as a premier carrier known for unparalleled expertise in loss control and claims management.
- The Horton Group, Inc.coreThe Horton Group is an insurance agency that has worked with Waypoint Mutual for several years. Representative Tony Hopkins notes Waypoint's competitive pricing, profit sharing dividend, flexible deductible options, and high-touch claims handling.
- Barker Phillips & Jackson, Inc.coreBarker Phillips & Jackson is an insurance agency with a 25+ year relationship with Waypoint Mutual. Representative Sean McQueary emphasizes Waypoint's excellence in client relationships from underwriting through claims handling.
- Premier Consulting PartnerscorePremier Consulting Partners began their partnership with Waypoint Mutual in 2021 and has become one of their top markets for monoline workers' compensation. Representative Sandra Crain highlights Waypoint's unique customer service methods, loss control capabilities, and user-friendly online portal.
- Commercial Risk Solutions, Inc.minorCommercial Risk Solutions represents Waypoint Mutual as an insurance partner. Representative Scott Carlson describes Waypoint as proactively reaching out to agent partners and policyholders with solutions for workers' compensation safety and claims advocacy.
- HUB International Mid-AmericacoreHUB International Mid-America has been partnered with Waypoint Mutual since their inception in 1982 (approximately 40+ years). Representative Tom Quick describes Waypoint as an incredible business partner with best-in-class consistency in underwriting, loss control guidance, claims handling expertise, and customer services.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Midwest Builders' Casualty Group competitors and assessment
Company assessmentBroad incumbents
- Travelers: Large national P&C carrier with a dedicated workers' compensation line serving construction, manufacturing, and other commercial industries. Overlaps with Waypoint's core verticals but at vastly greater scale and with broader product offerings.
- Berkshire Hathaway Homestate Companies: Workers' compensation and commercial insurance carriers owned by Berkshire Hathaway operating across multiple states. Larger and broader than Waypoint but directly competes in the same monoline WC space for construction and light manufacturing accounts.
- AmTrust Financial Services: Large specialty P&C insurer with a substantial workers' compensation franchise focused on small commercial and middle-market accounts. Overlaps with Waypoint in construction and manufacturing WC but operates at significantly greater scale.
- The Hartford: National P&C carrier with a workers' compensation product serving mid-size and large construction and manufacturing businesses. Competes with Waypoint for larger Midwest accounts but offers broader product breadth.
Regional players
- Society Insurance: Regional mutual insurance company headquartered in Wisconsin offering workers' compensation, commercial auto, and property to businesses primarily in the Midwest. Highly comparable regional mutual peer with similar industry focus and agent-driven distribution.
Direct peers
- FCCI Insurance Group: Mutual insurance company focused on workers' compensation, commercial auto, and property for targeted industries including construction, healthcare, and manufacturing. Closely mirrors Waypoint's mutual structure, regional focus, and industry specialization.
- AF Group (Accident Fund Holdings): Workers' compensation specialist carrier (including Accident Fund and United Heartland) serving construction, manufacturing, and healthcare. Comparable as a monoline WC carrier with similar industry appetite and multi-state operations.
- Zenith Insurance Company: Workers' compensation specialist carrier focused on California and national accounts, with deep construction and agriculture industry expertise. Directly comparable to Waypoint Mutual as a monoline WC carrier serving similar high-risk industries.
- Sentry Insurance: Mutual insurance group offering workers' compensation and commercial insurance to businesses nationwide, with strong construction and manufacturing vertical focus. Closely comparable as a regional mutual with WC as a core line.
- Builders Mutual Insurance Company: Mutual insurance carrier specializing in workers' compensation and commercial insurance for the construction industry across the Southeast and Mid-Atlantic. Shares Waypoint's niche focus on construction contractors and mutual ownership structure.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Midwest Builders' Casualty Group social profiles
Digital presenceMidwest Builders' Casualty Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Midwest Builders' Casualty Group leadership team
Management profileNumber of profiles
Profiles1 record
Midwest Builders' Casualty Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Midwest Builders' Casualty Group 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 Midwest Builders' Casualty Group
What does Midwest Builders' Casualty Group do?
Midwest Builders' Casualty Group (operating as Waypoint Mutual) is a monoline workers' compensation insurance carrier providing policy coverage, claims management, and loss control services to construction, manufacturing, distribution, equipment services, railroad, and lumberyard businesses. Distribution occurs exclusively through independent insurance agencies, with supplemental online policyholder and agent portals enabling claims filing, premium remittance, and access to safety resources.
Is Midwest Builders' Casualty Group a public or private company?
Midwest Builders' Casualty Group is a private company. It is classified as unknown and is currently operating.
When was Midwest Builders' Casualty Group founded?
Midwest Builders' Casualty Group was founded in 1982. It employs 101 to 250 people.
Where is Midwest Builders' Casualty Group based?
Midwest Builders' Casualty Group is headquartered in Kansas City, United States, in the North America region.
How does Midwest Builders' Casualty Group make money?
One revenue line is on record: workers' Compensation Insurance Premiums.
Who are Midwest Builders' Casualty Group's main competitors?
Broad incumbents on record are Travelers, Berkshire Hathaway Homestate Companies, AmTrust Financial Services and The Hartford. Society Insurance is listed as a regional player. Direct peers are FCCI Insurance Group, AF Group (Accident Fund Holdings), Zenith Insurance Company, Sentry Insurance and Builders Mutual Insurance Company.
Does Midwest Builders' Casualty Group have an API?
No public API is recorded for Midwest Builders' Casualty Group.
What industry is Midwest Builders' Casualty Group in?
Midwest Builders' Casualty Group's product category is Workers' Compensation Insurance. Its primary akta.pro industry code is FSAJAGAH, Construction Specialty (Wrap-Ups/Builders Risk/Contractors). Its NAICS code is 52412 and its SIC code is 6331.