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Insphere Insurance

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Insphere Insurance Reviews

Updated Feb 26, 2021

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Found 82 of over 96 reviews

3.1
56%
Recommend to a Friend
73%
Approve of CEO
Insphere Insurance President & CEO Kenneth J. Fasola (no image)
Kenneth J. Fasola
38 Ratings
Pros
  • "health and life(in 4 reviews)

  • "Very good training for selling any product(in 4 reviews)

  • Cons
  • "100% commission (this could also be considered a pro)(in 9 reviews)

  • "I was taken on one appointment with my sales leader, then was expected to be able to do it on my own(in 8 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee, more than 1 year

      Lucrative! ... Extremely boring though

      May 8, 2015 - Insurance Agent in San Diego, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      They have solid lead gen platform! The money is there to make if you put in the work.

      Cons

      Boring company! No motivation, no fire! Everybody is in too bad of a mood to be making that kind of money.

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    2. 1.0
      Former Employee

      Not recommended

      Feb 26, 2021 - Insurance Sales Agent in Portland, ME
      Recommend
      CEO Approval
      Business Outlook

      Pros

      You can make your own schedule

      Cons

      There is an inconsistent amount of pay

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    3. 4.0
      Current Employee, more than 10 years

      Great Opportunity

      Mar 1, 2020 - Sales Manager in Austin, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexible work hours. Unadulterated Entrepreneurship

      Cons

      It's commission only so if you are accustomed to an hourly or salaried position it could present challenges to someone with an employee mindset.

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    4. 3.0
      Current Employee

      Be prepared to use you own money to build your book of business

      Jul 7, 2011 - Insurance Agent in Detroit, MI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Team leader is the best sales manager I've had in regards to support. Training on new products is on-going. If you have a great circle of influence and/or capital to market yourself, you can make a great salary. Marketing material templates available (cost to print on agent's dime).

      Cons

      I was told my sales leader would provide me leads on a ongoing basis .Your given about 50 leads when you 1st start. After that you are on your own for leads. 100% commission job/1099 employee. You will need your own money to buy leads and to join networking groups. This "investment" for leads and networking is not discussed in the interviewing process. If you don't have the funds to buy leads, you will be told to walk the streets and cold call businesses (also known as "walk & talks). Branch manager is always coming up with lame marketing campaigns that you can buy into and the results are horrible and a waste of the agent's money. Marketing Insphere as a company should be done with corporate funds. With Obama Care, commissions are lower, and more cross-selling of supplemental products (life, accident, critical care, etc. . .) will have to be sold in order to make the same commission prior to Obama Care.

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      2 people found this review helpful
    5. 4.0
      Current Employee, less than 1 year

      Very satisfied broker

      Jan 5, 2013 - Insurance Broker in Gulfport, MS
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Insphere is on the cutting edge of the insurance business. Ranked # 14 in the world as a brokerage firm. No hidden agendas, no "pie in the sky" promises. If you work, you get paid very well. Sure it's 100% commission...they tell you that upfront. But I have found making $1000.00 a week very reasonable when I make sales. If you aren't willing to put in 40 hours a week (that's expected everywhere else) you won't make money.

      Cons

      For those just coming into the insurance business, more product training is needed. Also, there was very little "field training" given to me. I was taken on one appointment with my sales leader, then was expected to be able to do it on my own. Luckily, I had experience and did well. Others, especially younger, "green" agents need more in-house and field training.

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    6. 1.0
      Former Employee, more than 1 year

      Don't walk, but run away - Orlando

      Feb 26, 2013 - Sales Agent in Orlando, FL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      I guess you get contracted ans decide if insurance sales is for you because they hire every warm body that walks in the building

      Cons

      Management is a con job. The agency head is very charismatic,but only cares about you if they are selling. They really offer no training on health insurance. You are expected to do it all on your own and the "training" they do give is redundant and childlike. They force you to go to weekly meetings which consist of praising the sales managers and talking about trips no one will ever go on. The whole company feels like a used car company after a while. If you don't get the absurd number of 15 appointments a week, you are harassed by phone and email. It's a 1099 job but this company holds it against you if you do not account for every minute of your. Company leads are horrible and there is no real training on prospecting and lead generation on your own,. Agents are not ethical and will steal sales when they can. It's a horrible cutthroat company. Commissions are a joke and you never get the full amount that you are promised.

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    7. 2.0
      Current Employee

      Not a good position/ career choice for a person looking for financial stability/ benefits starting out.

      Oct 6, 2011 - Licensed Insurance Agent in Irving, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      great work life balance.. can work from home and determine the hours/ time you want to sit down with clients. You can take time off when you need it, no questions. There is a very laid back office enviornment.( business casual/ casual) Lots of continuning training, and opportunities to learn more about insurance.

      Cons

      some managers are really touch and go.. kinda of figure it out yourself, which can be stressful when you have no background in Insurance. Because it is a contracted/ 1099 position you have to put your own money in to start, if you don't have the money to put in, i.e ( networking meetings, lead money, marketing money) it will be hard to see any financial return for months. There are no benefits that come with the job, so you will have to purchase your own insurance, dental and vision, and set up your own retirement accounts/plans. There is also a high level of turn-over do to the lack of benefits, and financial incentive.

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      1 person found this review helpful
    8. 4.0
      Current Employee, less than 1 year

      Professional, supportive, aggressive and motivational.

      Aug 13, 2013 - Licensed Independent Insurance Agent in Atlanta, GA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Insphere provides exemplary training and support for it's contracted agents. This company provides free on-line training to prepare its newly contracted agents for the accident, sickness and life agent state licensing exam. All agents are paired with a well-experienced senior agent to support them in their training and on-going sales efforts. The company offers outstanding company intranet site providing a plethora of information on training, organizational policy, contracted insurance carriers and more...very impressive.

      Cons

      New agents must bare the costs of the licensing exam, finger-printing and any other fees necessary for obtaining their agent license.

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      2 people found this review helpful
    9. 3.0
      Current Employee, more than 1 year

      A great place for the confident Sales person

      Feb 6, 2013 - Insurance Broker in Tulsa, OK
      Recommend
      CEO Approval
      Business Outlook

      Pros

      If you are a motivated 1099 employee, this is highly rewarding. Bonuses for new agents are great to help you start. Referral bonuses are good as well. Great tools are available to assist each agent (free of cost). I highly recommend other agents to sell through Insphere. The perks are through the roof (vacations, ceremonies, Carrier bonuses, high commissions on in-house products).

      Cons

      For the non experienced in sales, it is best to have a full time job while you learn. The transition is delicate between making this your own business and cutting the strings to your current employer. If you expect to make a lot of money here, you must get used to calling insurance leads daily and very often to get any results at all. This career is only as good as the effort you put into it.

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      1 person found this review helpful
    10. 4.0
      Current Employee, less than 1 year

      Get paid what you are really worth

      Nov 18, 2012 - Insurance Agent in Cromwell, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      You get paid what you are worth. It's not hard to to earn $50k-$60k and if you stick with it for 3-5 years, you can be earning $75k-$100k. You also get to compete in carrier contests and earn an additional $3k-$15k per quarter in bonuses (on top of commissions paid). It's super easy to earn the $3k bonus and takes a little effort for the $5k bonus.

      Cons

      It's straight commission. You don't get paid if you aren't writing new business. Also, there is no corporate style job benefits such as health insurance, 401k contributions. There are stock options though.

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