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Insphere Insurance

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Insphere Insurance reviews

3.2

61% would recommend to a friend

(83 total reviews)

Kenneth J. Fasola

79% approve of CEO

52% positive business outlook

Insphere Insurance has an employee rating of 3.2 out of 5 stars, based on 83 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Insphere Insurance employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

83 reviews
4.0
Apr 4, 2013
Recommend
CEO approval
Business Outlook

Pros

No start up costs. No cost leads. Early Incentive bonuses. Peer coaching. Consultative selling approach, clients are often willing to refer you.

Cons

Health Insurance commisions are small. Uncertainty around 2014 healthcare changes. Getting clients underwritten can be challenging. Lead sources are very inconsistent.

1.0
Jan 24, 2012
Recommend
CEO approval
Business Outlook

Pros

If you are brand new to industry. They do some initial training, provide a little structure, and throw a couple of fun parties.

Cons

DO NOT take commission advance. It is basically a loan to you of unearned commission at a far lower pay percentage than industry average. Insphere will tack on interest and fees to your "advances" which then accumulate into your "agent balance". Even with taking your pay as earned, you will probably see very little residual income because of all their fees. I've seen people that have been at Insphere/Healthmarkets for years and have never seen a cent from back-end and renewal commissions. The whole reason people get into insurance is for back-end/renewal commission accumulation! You are also a captive agent. This means you cannot sell any insurance carriers that do not fall under the umbrella of Insphere's Brokerage.

Viewing 67 - 69 of 83 Reviews

Glassdoor has 97 Insphere Insurance reviews submitted anonymously by Insphere Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Insphere Insurance is right for you.