Iscential team members live and work by our set of core values:
In celebration of our brand and culture, and to solidify our commitment to providing an extraordinary customer service experience, our team developed the following statement of focus and commitment that sort of says it all.
While it's easy for us to say we are the best place to handle your insurance and financial needs, we think our customers do it better. Here's what our best sales people (our clients) have to say about doing business with Iscential...
Sean G., Cypress
Edmund L., Houston
We’re in the business to change how you view insurance and risk management. Unlike most insurance agencies, we believe the customer should be fully informed about their exposures and current coverage. What you have, what you need, and—most importantly—why. We take the time to understand your needs and review your options with you. To find a solution that works and to focus on providing a consistent and extraordinary customer service experience.
We want to be your trusted advisor. The team you go to for your Iscential events and milestones. To celebrate the good and get you through the bad. That’s Iscential. Founded in 1993 as a Nationwide Insurance agency (and then known as the Barhorst Insurance Group), today Iscential represents more than 50 insurance carriers. In 20 years, the firm has grown to more than 100 employees and 20 locations in Texas. Iscential provides a full range of insurance and financial services for families and businesses.
In its simplest form, risk management means identifying the potential exposure for loss, and either preventing the loss entirely or developing the most expeditious way to protect yourself from any adverse affects the loss may cause. There are four things you can do with risk: avoid, mitigate, transfer or assume. And there are three states of risk consciousness: informed (what you know), ill-informed (what you should know), and uninformed (what you don’t know). Our experts can help determine where you are, which is best for your situation, and help bring to light exposures you may be overlooking.
Risk is everywhere. No one is safe, and it only takes a look at the following statistics to see why...
|1:10,000||Chance of being struck by lightning|
|1:1,000||Chance of your car being stolen|
|2:100||Chance of your home or business catching fire|
|3:100||Chance of a paid malpractice claim|
|12:100||Chance of becoming disabled|
|26:100||Chance of your home or business flooding|
|50:100||Chance of requiring assisted living|
|100:100||Risk of Death|
As your Risk Managers, we are committed to truly understanding your unique exposures and working closely with you to protect yourself, your family, and your business. We offer specialized, hands-on expertise to make sure your financial future is secure.
Iscential represents more than 30 different insurance companies and hundreds of products and, as such, can be your sole source of advice and insurance contract placement. We custom tailor protection portfolios and can manage everything from personal and business insurance to life insurance, wealth transfer strategies and retirement planning.
Modern insurance or the practice of “underwriting” came from the London coffee houses of the British Empire. In the mid to late 1600’s shipping goods to the new world from the old was booming and coffeehouses like the one owned by Edward Lloyd which became Lloyds of London were the meeting places for merchants looking for a way to prevent financial loss for their goods lost at sea. Venture capitalists of the time would sign on the bottom of the manifest for the portion of the cargo they were taking responsibility for, creating the term “underwriter”. Multiple underwriters would list their names on the manifest to spread the risk of loss. In the beginning this was pure speculation but by 1654 Blaise Pascal the same Frenchman that created the first calculator created what is known today as Pascal’s triangle which was used create the first actuarial tables that are still used by insurance companies today to help predict loss formalizing the concept of underwriting and removing much of the speculation associated with insurance making it affordable to the masses.
From the Lloyds coffeehouse in London to Benjamin Franklin popularizing property insurance in colonial America in the 1750’s, modern insurance still serves the same purpose today as back then… transferring risk of loss to another. The modern advertising era and industry competition has created an environment of “insurance commoditization” where trusted advice is left up to a representative at a 800 number or at the click of a mouse. Iscential’s philosophy is to build a lasting relationship with our clients as their trusted advisor using the latest risk management techniques for underwriting and transferring risk for our clients. Our belief is to build a personal relationship and become an advocate with our clients to ensure that the first time we meet is not when there has been a claim.
We have relationships with over 100 insurance companies and exchanges providing industry leading insurance and risk transference products for our clients.
Tip: for definitions of each insurance type hover your mouse over the text
When you plan for the future with Iscential you are entering into a unique relationship with a knowledgeable professional advisor that will respect your interest and be accountable to you. Whether you are building a new plan from scratch or trying to revitalize your current plan, our goal is to first, understand your objectives and then provide simple convenient options and solutions for you. Working together we can build a plan to help produce long term results for your financial future. Whether you are saving for the down payment on your first house, your newborns college education, your retirement or building a plan for your company, you can count on trusted advice from Iscential to help you grow and protect your assets. We are committed to exceeding your expectations through comprehensive planning and financial services for:
Investing involves market risk, including risk of loss of principal. Before selecting any product, please consider your objectives and needs, including cash flow and liquidity needs, and overall risk tolerance.