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SelectQuote

Sells insurance and runs prescription services

Overview

SelectQuote sells insurance policies to individuals who want to compare coverage without contacting each insurer separately. Licensed agents explain options for Medicare, life, and home and auto insurance, while the company earns commissions from the carriers whose policies customers buy. Its own SelectRx pharmacy extends the business into prescription services for people who need help managing several medications. The group also runs health assessments and chronic care management services that connect older adults with support beyond their insurance purchase. Founded in 1985 as a term life insurance comparison business, SelectQuote is headquartered in Overland Park, Kansas.

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About SelectQuote

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Industries

Financial ServicesHealthcare

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Overland Park, KS

Founded

1985

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Simplify's Take

What believers are saying

  • Unlicensed sales hires have a pathway: successful North Carolina advisors qualify for potential licensed-sales training after six months.
  • Olathe pharmacy work has hourly pay: SelectRx lists $18-$25.50 for its onsite fulfillment technician role.
  • Medical choices include savings accounts: SelectQuote limits health savings account access to employees enrolled in its high-deductible plan.

What critics are saying

  • North Carolina sales development is call intensive: SelectQuote specifies up to 800 outbound calls per day.
  • SelectRx's Olathe fulfillment technicians work onsite from 6 a.m. to 2:30 p.m., with eight hours standing or walking.
  • SelectQuote's licensing guide denies reimbursement for study and exam costs when its onboarding process cannot proceed.

What makes SelectQuote unique

  • Agents work through SelectCare: its internal platform scores leads, routes calls and organizes each agent's day.
  • SelectRx packages by dose: its pharmacy combines personalized medication packets with automatic refills and home delivery.
  • Licensed hires get state expansion support: SelectQuote applies for many non-resident insurance licenses on their behalf.

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