Silvermark
Silvermark Insurance is an independently owned, multi-carrier insurance agency based in Sammamish, Washington, placing personal and commercial policies across Arizona, California, Idaho, and Washington for individual consumers and SMBs via commission-based intermediation.
- Company typePrivate
- Founded-
- HeadquartersRedmond, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Silvermark does
Silvermark, Inc. (dba Silvermark Insurance) is an independently owned insurance agency headquartered at 704 228th Ave NE #623, Sammamish, Washington. The firm operates as a multi-carrier intermediary, earning commissions by placing personal and commercial insurance policies on behalf of customers across Arizona, California, Idaho, and Washington, with primary concentration in the Redmond/Sammamish market. Its product portfolio spans 25+ lines, including personal coverages (auto, homeowner, life, motorcycle, boat, classic car, condo, earthquake, flood, landlord, off-road, renters, RV, umbrella) and commercial coverages (commercial auto, liability, property, umbrella, contractors, cyber liability, inland marine, nonprofit, restaurant, technology, workers compensation, and surety bonds).
The business operates a low-technology-stack model: a standard agency website with quote-request forms, blog content marketing, a referral program, and direct phone/email sales. No proprietary technology platform, API, mobile app, or carrier-side integration technology is documented. Pricing is quote-based on individual risk and carrier terms, with no publicly disclosed premiums; the revenue stream is carrier commissions on bound and renewed policies. The firm has 11-50 employees, is privately held with no disclosed external investors or parent company, and uses content marketing, referrals, and direct sales as its primary go-to-market channels. It serves both individual consumers and small-to-medium businesses horizontally, with no enterprise-grade customer concentration and no AI/ML capabilities in evidence.
Silvermark firmographics
Firmographics- Name
- Silvermark
- Legal name
- Silvermark, Inc.
- Website
- https://silvermarkinsurance.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Silvermark Insurance is an independently owned, multi-carrier insurance agency based in Sammamish, Washington, placing personal and commercial policies across Arizona, California, Idaho, and Washington for individual consumers and SMBs via commission-based intermediation.
- Ownership category
- akta.pro rank
Silvermark industry classification
Industry- Product category
- Insurance Agency and Brokerage Services
- NAICS
- Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411), Surety Insurance (6351)
- akta.pro primary industry
- Standard Personal Auto Insurance (Liability, Collision & Comprehensive) (FSAJAAAA)
- akta.pro secondary industries
- Universal Life (UL) Insurance (FSAIABAB), Commercial General Liability (CGL) (FSAJADAA), Technology / IT Services BOP (FSAJAFAK)
Keywords
Where Silvermark is headquartered
LocationHeadquarters
- HQ city
- Redmond
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Silvermark 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 Commissions: As an independent insurance agency, Silvermark Insurance earns revenue through commissions paid by the insurance companies they represent. They work with multiple insurance carriers to provide customers with quotes and coverage options, earning a commission on each policy sold or renewed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Insurance products are priced individually based on risk assessment, coverage limits, deductibles, and carrier-specific factors. |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Silvermark product offering
Product offeringCore offering
Silvermark is an independent insurance agency that brokers a broad portfolio of personal and commercial insurance products from multiple insurance carriers. The agency connects customers with coverage options across auto, home, life, specialty personal lines, and a full suite of commercial policies including property, liability, workers' comp, cyber, contractors, and bonds. It provides quoting, policy review, and claims/service support on behalf of carrier partners.
Product overview
Silvermark Insurance is an independent insurance agency offering a comprehensive portfolio of personal and commercial insurance products through multiple carrier partnerships. The personal insurance offerings include auto, homeowner, life, motorcycle, boat, classic car, condo, earthquake, flood, landlord protection, off-road vehicle, renters, RV, and umbrella insurance. The business insurance suite covers commercial auto, general and professional liability, commercial property, commercial umbrella, contractors, cyber liability, inland marine, nonprofit, restaurant, technology, workers compensation, and bonds. As an independent agency, Silvermark serves as an intermediary connecting customers with appropriate coverage from multiple insurance companies rather than offering proprietary insurance products.
Differentiator
Problem solved
Functional benefit
Products and services
- Auto Insurance
- Homeowner Insurance
- Life Insurance
- Motorcycle Insurance
- Boat Insurance
- Classic Car Insurance
- Condo Insurance
- Earthquake Insurance
- Flood Insurance
- Landlord Protection Insurance
- Off-Road Vehicle Insurance
- Renters Insurance
- RV Insurance
- Personal Umbrella Insurance
- Business Insurance
- Commercial Auto Insurance
- Commercial Liability Insurance
- Commercial Property Insurance
- Commercial Umbrella Insurance
- Contractors Insurance
Companies that use Silvermark
Customer profileSegments3 records
Ideal customer profiles2 records
Silvermark technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Silvermark partnerships and signals
Strategic signalScale indicators2 records
Recent moves1 record
Expansion highlights4 records
Silvermark competitors and assessment
Company assessmentEmerging players
- Next Insurance: Next Insurance is a digital carrier offering small business liability, commercial auto, and workers comp policies directly online to SMB customers. Comparable to Silvermark on commercial SMB product overlap, but competes via direct digital funnel rather than agency intermediation.
- Lemonade: Lemonade is a digital-first, direct-to-consumer insurance carrier offering homeowners, renters, pet, and auto coverage via a mobile app. Comparable to Silvermark on the personal lines products offered, but competes via direct-to-consumer disintermediation rather than agency distribution.
Broad incumbents
- Brown & Brown: Brown & Brown is a large publicly-traded insurance brokerage distributing personal, commercial, and benefits products across the U.S. via its carrier partnerships and producer network. Comparable to Silvermark as an independent-agency-led distributor, but operates at much greater scale and breadth.
- Arthur J. Gallagher & Co. Arthur J. Gallagher is a global insurance brokerage and risk management firm placing commercial and personal lines for clients across all 50 states. Comparable to Silvermark as a carrier-intermediary in commercial property/casualty, but at vastly greater scale and product breadth.
- Marsh McLennan: Marsh is one of the world's largest insurance brokers and risk advisors, distributing commercial and specialty lines globally. Comparable to Silvermark as a brokerage channel rather than carrier, but operates at enterprise scale with no overlap in target SMB / individual customer base.
Direct peers
- PayneWest Insurance: PayneWest is an independent insurance agency serving the Pacific Northwest (Washington, Idaho, Oregon, Montana) with personal, commercial, and employee benefits products sourced from multiple carriers. Direct peer to Silvermark given overlap in geography, customer base (SMB + individual), and independent-agency business model.
- Leavitt Group: Leavitt Group is a privately-held independent insurance agency operating across the western United States, offering personal, commercial, and benefits lines through carrier partnerships. Highly comparable to Silvermark on multi-state agency model, commission-based revenue, and Pacific Northwest/Mountain West footprint.
- Hilb Group: Hilb Group is a privately-held insurance and HR advisory firm operating across the eastern and central U.S. with a roll-up acquisition strategy of independent agencies. Comparable to Silvermark in independent-agency model and multi-line offerings, and represents a likely acquirer profile for Silvermark.
- Heffernan Insurance Brokers: Heffernan is an independent insurance brokerage headquartered in the Bay Area with operations across the western U.S., focused on commercial and personal lines. Comparable to Silvermark in multi-carrier agency structure, personal/commercial breadth, and western U.S. market focus.
- Buckner Company Insurance: The Buckner Company is an independent insurance agency offering personal and commercial lines to individuals and businesses. Comparable to Silvermark as a similarly sized multi-line independent agency competing in overlapping regional markets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Silvermark social profiles
Digital presenceSilvermark financial estimates
Financial estimateRevenue estimate
Valuation estimate
Silvermark leadership team
Management profileNumber of profiles
Profiles1 record
Silvermark funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Silvermark 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 Silvermark
What does Silvermark do?
Silvermark is an independent insurance agency that brokers a broad portfolio of personal and commercial insurance products from multiple insurance carriers. The agency connects customers with coverage options across auto, home, life, specialty personal lines, and a full suite of commercial policies including property, liability, workers' comp, cyber, contractors, and bonds. It provides quoting, policy review, and claims/service support on behalf of carrier partners.
Is Silvermark a public or private company?
Silvermark is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Silvermark founded?
Silvermark was founded in -1. It employs 11 to 50 people.
Where is Silvermark based?
Silvermark is headquartered in Redmond, United States, in the North America region.
How does Silvermark make money?
One revenue line is on record: insurance Commissions.
Who are Silvermark's main competitors?
Emerging players on record are Next Insurance and Lemonade. Broad incumbents are Brown & Brown, Arthur J. Gallagher & Co. and Marsh McLennan. Direct peers are PayneWest Insurance, Leavitt Group, Hilb Group, Heffernan Insurance Brokers and Buckner Company Insurance.
Does Silvermark have an API?
No public API is recorded for Silvermark.
What industry is Silvermark in?
Silvermark's product category is Insurance Agency and Brokerage Services. Its primary akta.pro industry code is FSAJAAAA, Standard Personal Auto Insurance (Liability, Collision & Comprehensive), with a secondary code of FSAIABAB, Universal Life (UL) Insurance. Its NAICS code is 524210 and its SIC code is 6411.