They were shut down last July. I worked for them for less than 18 months. The problem was that the company hired anybody that applied to work for them as the company had nothing to loose as it was commission only basis. Some of the reps hired – a large amount could not sell water in the desert. I was very good at what I did and often meet the customers I signed up and chat about the company and no one attacks me or missold. I am embarrassed to say I worked in a company that condoned such behavior. Easily 50% were misfits. The miss selling was rampant and ignored by higher management because it helped their pay and eventual bonus twice yearly. When the regulator pulled everyone off the road and put us in retraining I was disgusted. I had put in 60-70 hours a week sometimes 6 days and did it honesty and integrity as my customers stayed with the company and did not churn customers. I put my relationship at risk so when taken off the road I was very disappointed. It was a company that you could make a lot of money in. I made over 3300€ in one week. I did job correctly, but even when I was a basic rep I could see my direct manager partake in questionable sales techniques so as to keep her a new bmw and shoes. I know of a girl who like the report said, filled out the forms of non existent people and paid initial premium to the company from her own pocket and used the bank details of previous customer which was blatant fraud. She was suppose to be doing well within the company which I found hard to believe as she barely worked and had a dreadful personality. Anyway she was sacked and went to work for another insurance company straight away. So ask what the f*** is the insurance regulator doing not stopping the likes of her from committing fraud getting sacked and moving to a new company. I loved the job. When the news broke I rang the journalist in the Irish independent and gave any info she needed. She said she never had as many complaints from the staff of a company on what went on in the company. I believe regulator stopped short of basically saying that fraud was rampant and that taking premiums from customers and not issuing policies etc means these files should be sent to Garda fraud office and on to dpp. People should be arrested and prosecuted as it would be good for the industry.

The system needs to change. Commission only is the problem. A person could work a week and earn nothing. That puts unfair pressure on rep and inturn the customer. If these insurance companies believe in their products so much hen hire professional people like any other company and pay them a salary. This would take the pressure off reps and force the companies to offer better plans and put the risk on them to hire proper people. At the moment insurance companies have nothing to loose hiring someone commission only.