Description When life gets rocky, Balboa is there to insure you. Balboa Insurance Group provides commercial and personal life, liability, and property insurance through subsidiaries including Balboa Insurance Company, Meritplan Insurance Company, Newport E&S Insurance Company, Newport Insurance Company, Balboa Life Insurance Company, and Balboa Life Insurance Company of New York. The company specializes in insurance programs for such customers as financial institutions and mortgage lenders. Products include credit life, homeowners insurance, lender-placed property hazard insurance, and home warranties. Bank of America sold Balboa to Australia's QBE Insurance for $700 million in 2011.
Balboa Insurance has an employee rating of 3.2 out of 5 stars, based on 15 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Balboa Insurance employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).
Overall, 29% of employees would recommend working at Balboa Insurance to a friend. This is based on 15 anonymously submitted reviews on Glassdoor.
67% of job seekers rate their interview experience at Balboa Insurance as positive. Candidates give an average difficulty score of 2 out of 5 (where 5 is the highest level of difficulty) for their job interview at Balboa Insurance.