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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
2.0
Jun 28, 2012

Mixed Feelings

Recommend
CEO approval
Business Outlook

Pros

Learned a lot from association with a mixed group of "newbies" and long term agents, some who left the insurance industry and came back, and a few who were with Insphere for 5 years or more. A lot of exposure to marketing yourself and encouragement from a peer group. If you are new to sales or insurance sales and have no other options, it could possibly be an incubator for you.

Cons

Although they claim to pay the best in the industry, they are in reality "skimming" a portion of the commissions paid by the carriers. The "skim" varies, 4 to 5 percent "skim" on health commissions, 20 to 30% on supplementals, and 50 to 60 percent on Life Insurance contracts. In return for the reduced commissions, they give you some of their private stock which you cannot sell for many years until you become vested, and you cannot take with you when you leave. Since they will take almost anybody, sales experience or not, they have become an agent "mill" since there is no support beyond the free training you receive. You would probably be better off trying to get a starting job with low salary to learn the Insurance business, there are a number of carriers and agencies out there that offer those positions. You could end up failing as many do with Insphere and the suprise at the end is you will find that you owe them money!

5.0
May 24, 2011
Recommend
CEO approval
Business Outlook

Pros

Great products that fit a variety of circumstances and people

Cons

100% commission, have to buy your own benefits, training is sporadic. should probably either maintain a part time job or have at least 2 referral networks going into the company.

Viewing 73 - 75 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.