Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Pickles L Jaimie
2. Date of Event Requiring Statement (Month/Day/Year)
04/25/2007
3. Issuer Name and Ticker or Trading Symbol
INSWEB CORP [INSW]
(Last)
(First)
(Middle)
11290 PYRITES WAY, SUITE 200
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, COO
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

GOLD RIVER, CA 95670
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 6,395
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase 04/25/2007 05/14/2009 Common Stock 2,500 $ 55.4 D  
Option to Purchase 04/25/2007 07/21/2009 Common Stock 1,875 $ 270 D  
Option to purchase 04/25/2007 02/01/2010 Common Stock 1,167 $ 84 D  
Option to purchase 04/25/2007 05/14/2009 Common stock 2,500 $ 55.4 D  
Option to purchase 04/25/2007 04/19/2010 Common stock 1,667 $ 16.13 D  
Option to purchase 04/25/2007 08/15/2010 Common stock 2,500 $ 8.06 D  
Option to purchase 04/25/2007 04/17/2011 Common stock 6,667 $ 6.12 D  
Option to purchase 04/25/2007 04/01/2012 Common stock 16,903 $ 4.95 D  
Option to purchase 04/25/2007 04/01/2013 Common Stock 45,000 $ 2.05 D  
Option to purchase 04/25/2007 04/01/2014 Common stock 25,000 $ 5 D  
Option to purchase 04/25/2007 04/01/2015 Common stock 25,000 $ 2.99 D  
Option to purchase   (1) 04/20/2011 Common stock 25,000 $ 2.05 D  
Option to purchase   (4) 07/25/2011 Common stock 6,250 $ 2.7 D  
Option to purchase 04/25/2007 09/28/2011 Common stock 1,894 $ 2.03 D  
Option to purchase   (5) 01/25/2012 Common stock 25,000 $ 3.48 D  
Option to purchase   (2) 01/25/2012 Common stock 15,000 $ 3.48 D  
Option to purchase 04/25/2007 04/01/2012 Common Stock 8,097 $ 4.95 D  
Option to purchase   (3) 04/20/2011 Common stock 15,000 $ 2.05 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pickles L Jaimie
11290 PYRITES WAY
SUITE 200
GOLD RIVER, CA 95670
      President, COO  

Signatures

L. Eric Loewe, Attorney in Fact for L. Jaimie Pickles 04/25/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Vests ratably over twelve months from April 20, 2006.
(2) Vests only if 2007 annual operating plan is achieved
(3) Vests 10% per year in years 1through 4; 60% in year 5
(4) Vests ratably over twelve months from July 25, 2006
(5) Vests ratably over twelve months from January 25, 2007

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