Classic MGA pitfalls - Anonymous employee Counterpart Employee Review

2.0
Apr 28, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Offers fully remote work capabilities.

Cons

Subpar benefits. Claim they are willing to give you all the physical and professional resources you could need, but fall short on delivery. Huge lack of support and resources for a fully remote company. Role titles and expectations are misleading. Wins are hardly celebrated, missed goals are treated like the end of the world. Senior management clearly bends to the will of the board with minimal consideration to the product experts, loss ratios, etc. Heavy self preservation culture. CEO is an out of touch narcissist who lacks critical understanding of the insurance industry. He is far more interested in shouting on LinkedIn that he is in fact a CEO. It’s common knowledge within the company that direct reports to this CEO have a short shelf life. Technology and “AI capabilities” touted are useful tools, but by no means groundbreaking or true AI integrations. Company success should be attributed to the hardworking engineers + insurance staff who built foundational relationships. Underwriters are directed to heavily rely on technology, which leads to sloppy risk selection. It’s the classic MGA model of focusing on top line growth with minimal regard for loss ratios. The recent departure of the head of insurance right at his 5 year mark (when stock vests) is extremely telling of the culture and company.

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Counterpart Response
1y
Thank you for sharing your perspective. Counterpart is a fast-moving, remote-first company navigating a complex and highly regulated industry—and we recognize that environment isn’t for everyone. We’re proud of what we’re building and especially grateful for the engineers and insurance experts whose hard work and expertise are core to our success. We remain focused on fostering a culture of innovation, accountability, and trust as we continue to grow.

Explore other reviews about Counterpart

5.0
May 11, 2026
Recommend
CEO approval
Business Outlook

Pros

The team is sharp - and the right people are in the right places. You're working alongside people who actually understand insurance and tech. Some of the brightest minds in each industry have converged here. Real ownership of your work. This isn't a place where you're a cog. You see the direct impact of what you do on the product and the business on the monthly, weekly and even daily. Leadership is accessible and genuinely open to ideas. The distance between "I have a thought" and "let's try it" is incredibly short. That's refreshing in an industry where you are frequently hit with the "that's not how we do it here" mentality. The mission makes sense. Professional liability insurance is overdue for modernization, and Counterpart is actually doing it rather than just pitching a deck about it. Good work-life balance for the industry. You're trusted to manage your own time like an adult. We have a work from anywhere philosophy, taking remote work to a new level. There is no micro-managing. People trust each other to do the work, and we do, on person-by-person terms.

Cons

Like any growing company priorities can evolve quickly, but that keeps the work dynamic and means you're always close to what matters most to the business.

5.0
May 5, 2026
Recommend
CEO approval
Business Outlook

Pros

The culture here is genuinely great! It's fast-paced and people are driven, but everyone is also super collaborative and willing to help each other out. You have full ownership over your work and while competitive, it never feels cutthroat. Being fully remote is a huge plus, and it actually works well because the company has built real systems help you connect with your teammates. You're trusted to manage your own time and get things done without anyone breathing down your neck. Leadership is transparent and approachable, which makes a big difference. Benefits are solid, work-life balance is real, and there are actual opportunities to grow your career if you put in the effort.

Cons

The only downside of being fully remote is the lack of in-person connection; spontaneous conversations and team bonding just don't happen naturally. That said, it's a pretty minor gripe and honestly comes with the territory when remote work is the trade-off. It's also a very entrepreneurial, self-driven environment, so if you need a lot of structure or hand-holding to stay motivated, this probably isn't the right fit.

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