When was goosehead started?

Asked by: Alize Anderson  |  Last update: February 11, 2022
Score: 4.8/5 (54 votes)

Jones is a co-founder of the company and has served as Chief Executive Officer since inception in 2003. Under his leadership, Goosehead has grown to be counted among the largest and fastest-growing personal lines insurance brokers in the country.

Who started Goosehead Insurance?

Robyn and Mark Jones are the cofounders of Goosehead Insurance, where Mark is chairman and CEO, and Robyn is vice chairman.

What is Goosehead?

Corporate Profile

Goosehead Insurance (NASDAQ: GSHD) is a rapidly growing independent personal lines insurance agency, reinventing the traditional approach to distributing personal lines products and services throughout the United States.

How did Goosehead Insurance get its name?

Where did the Goosehead name come from? That is the nickname of my oldest granddaughter. Her name is Lucy. When she was born, we started calling her Lucy goosey, and the nickname evolved into Goosehead.

How many Goosehead franchises are there?

As of the 2020 Franchise Disclosure Document, there are 614 franchised Goosehead Insurance locations in the USA.

How Much Will I Make in Year 1 Starting a New Insurance Agency?

22 related questions found

How much do Goosehead agents make?

Average Goosehead Insurance Insurance Agent yearly pay in the United States is approximately $60,988, which meets the national average.

How much does a Goosehead owner make?

How does the salary as an Agency Owner at Goosehead Insurance compare with the base salary range for this job? The average salary for an Agency Owner is $93,079 per year in United States, which is 0% lower than the average Goosehead Insurance salary of $93,674 per year for this job.

Is Goosehead Insurance a pyramid scheme?

Goosehead Insurance is not a multi-level marketing (MLM) business opportunity or pyramid scheme. It doesn't have multiple layers of agents, mentors, and trainers and is not suitable for agents who are primarily looking to recruit.

How did Goosehead Insurance start?

In 2003, real estate investor Robyn Jones and her husband Mark Jones, a senior partner at Bain & Co., transformed the insurance industry by providing clients unprecedented information, unleashing their power of choice.

Who is Robyn Jones?

Robyn Jones is the cofounder and vice chairman of Goosehead Insurance. The Alberta native married her teenage sweetheart Mark straight out of high school. She raised their six children while her truck driver husband went to college, graduated from Harvard Business School and consulted at Bain.

How does Goosehead make money?

How do Goosehead agents make money? Goosehead agents work on a commission split basis. They get a percentage of the commission earned for each policy that they write. Agents make 80% commission on new policies, and 50% commission on renewals.

Does Goosehead sell life insurance?

Goosehead's clients are able to access the life insurance offering through Gooshead's Digital Agent platform, and can purchase the coverage without a medical exam, according to the company.

Does Goosehead offer health insurance?

Goosehead Insurance Benefits

Current benefits include: 401(k) plan, medical, dental, vision and disability insurance. Goosehead also offers paid vacation and holidays, mental health days and sick days. Since we are a public company, we also offer an employment stock purchase plan and stock option awards.

What kind of company is Goosehead Insurance?

About Goosehead Insurance Inc

Goosehead Insurance, Inc. (Goosehead) is a personal lines independent insurance agency. The Company is engaged in distributing personal lines products and services throughout the United States.

How long has Goosehead Insurance been in business?

Robyn and Mark Jones founded Westlake-based Goosehead Insurance in 2003 with a novel idea. Some 18 years later, their radical approach to insurance is paying dividends.

How many employees does Goosehead Insurance have?

Goosehead Insurance Agency has 2734 Employees.

What is Mark Jones net worth?

Mark and Robyn Jones have an estimated net worth of $2.9 billion, largely thanks to their combined 44% stake in Goosehead, which they founded in 2004.

Is Goosehead Insurance a publicly traded company?

Goosehead Insurance, headquartered in Westlake, Texas, raised $85 million with the IPO, selling 8.5 million shares of Class A common stock priced at $10. It trades on the Nasdaq exchange under the symbol, GSHD.

How much do Goosehead account executives make?

How much does an Account Executive make at Goosehead Insurance in the United States? Average Goosehead Insurance Account Executive yearly pay in the United States is approximately $51,531, which is 22% below the national average.

Is Goosehead Insurance a good place to work?

Is Goosehead Insurance a good company to work for? Goosehead Insurance has an overall rating of 3.9 out of 5, based on over 706 reviews left anonymously by employees. 70% of employees would recommend working at Goosehead Insurance to a friend and 74% have a positive outlook for the business.

Is Allstate a pyramid scheme?

Allstate is not a scam, pyramid scheme, or insurance MLM. You can be confident in this thanks to its strong reviews and the company's nearly 85-year history, as well as its status as a Fortune 100 company.

Which insurance company is best to be an agent for?

Here are some of the best insurance carriers that accept independent insurance agents.
  • National General Insurance.
  • Nationwide Insurance.
  • Markel Insurance.
  • Progressive Insurance.
  • Selective Insurance Group.
  • The Hanover Insurance Group.
  • Travelers.
  • West Bend Mutual Insurance Company.

How do I contact Goosehead Insurance?

Our service team handles all updates and changes to existing policies. You can reply to the application email you received and describe the updates needed or just give us a call at 800.474. 1377.

Is Goosehead Insurance a good buy?

Goosehead Insurance - Sell

Valuation metrics show that Goosehead Insurance may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of GSHD, demonstrate its potential to underperform the market.