diversity and inclusion (D&I) News

One-Quarter of Firms Operating at Lloyd’s Reach 35% Target for Women Leaders

A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, though progress on diversity was “incremental,” Lloyd’s said in a report on Monday. Lloyd’s has been trying …

Older and Younger Executives Disagree About Remote Work Arrangements

Bosses and workers rarely agree on what matters when it comes to the future of work. But there’s division even within the c-suite, particularly regarding the disparate treatment remote and in-office workers can face. Younger executives cited those inequities as …

Nearly Half of UK Black Professionals Plan to Leave Their Jobs

Almost half of Black employees are planning to leave their jobs in the near future, resenting the lack of fairness in their company’s management, according to new research. A total of 46% of Black employees at UK firms intend to …

Rise of Women to Top UK Financial Services Roles ‘Stagnating’

Britain’s six-year drive to increase the number of women in senior management at financial firms is “stagnating” for the first time, a review for the finance ministry said on Thursday. The ministry launched its voluntary Women in Finance Charter in …

Sexism in Financial Services Has Gotten Worse, Says Aviva CEO Amanda Blanc

Aviva Plc Chief Executive Officer Amanda Blanc said that the sexism she encounters has worsened as she has risen through the ranks in finance. Blanc became the insurer’s first female chief executive in July 2020 but faced a number of …

Software Company SAP Wrestles With Concerns Over Gender Equality, Senior Exits

Christian Klein was in his second year as chief executive of SAP SE in January 2021 when he addressed a staff meeting to field questions about the imminent launch of a new push into cloud computing. A staffer took Klein, …

UK Regulator Sets Diversity Targets for Top Executives, Boards

The Financial Conduct Authority has set UK-listed companies three diversity targets, including a goal for at least 40% women on their boards, in the latest move to bolster diversity in the upper ranks of British business. Companies should also have …

NFL Vows to Improve Minority Hiring Policies, Investigate Tanking Allegations

National Football League Commissioner Roger Goodell told teams Saturday that the league will look to bolster policies meant to encourage hiring of minorities, particularly as head coaches, and he pledged an investigation into tanking allegations raised by Brian Flores in …

National African American Insurance Association Charters 3 New Chapters

The National African American Insurance Association (NAAIA) announced the chartering of three new chapters: Arkansas, Colorado and Los Angeles. The three new chapters join these 18 existing and pending chapters: Atlanta, Boston, Chicago, Cleveland, Columbus, Dallas-Fort Worth, Detroit, Florida (Tallahassee), …

AXIS Enacts Policy to Ensure Diverse Supplier Networks for Its Operations

AXIS Capital Holdings is enacting a policy designed to ensure a more diverse base for its supplier networks. The Bermuda-based specialty insurer and reinsurer said its new Supplier Diversity Policy calls for working with certified Diverse Business Enterprises in its …