Insphere Insurance Solutions Commences Business

With approximately 2,200 agents, offices in more than 40 states and authorization to do business in all 50 states and the District of Columbia, Insphere Insurance Solutions has officially commenced business. The company is offering life, health, long-term care and retirement products for the small business and middle-income market.

“We are extremely excited to launch Insphere Insurance Solutions nationally and offer a broad range of products that meet the needs of the under-served small business and middle-income markets, through our arrangements with leading insurance carriers," says Phillip Hildebrand, president and CEO of Insphere Insurance Solutions.

Insphere has also begun the roll out of Insphere Insite, its proprietary technology platform that combines best-in-class industry technology with the individual tools provided by its carriers into a single system that provides a significant competitive advantage for field managers and agents, the agency says.

The industry tools include an agency portal, illustration, quoting and electronic application tools, client relationship management technology and producer administration and compensation technology.

“Simply put, by integrating these tools into our proprietary technology platform, our agents will operate in a seamless multi-carrier environment that will feel like they are working with a single carrier for everything from quoting, electronic applications, application tracking, managing compensation and managing their client base,” says Hildebrand. “We believe the Insphere Insite technology platform, in addition to in-house training and support, provides a unique offering for an independent career agent that delivers a tremendous advantage in the marketplace.”

The plans for Insphere Insurance Solutions were originally announced in July 2009. Since that time, Insphere has completed marketing agreements with Aetna and UnitedHealthcare’s Golden Rule Insurance Co. for individual health insurance plans, John Hancock for long-term care insurance, ING for term life and universal life insurance and Minnesota Life for whole life insurance. Insphere also has a marketing arrangement with The Plus Group Texas which provides agents with access to disability income insurance products from market leaders MetLife, Principal Financial Group and The Standard.

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