diversity in insurance News

Why Industry Must Take Measurable Steps to Increase Diversity

A key takeaway from 2020 is the acknowledgement that change of a magnitude greater and more frequent than anyone had anticipated is upon us. One of the best ways for insurers and their business partners to embrace this momentum in …

Marsh & McLennan Hires Diversity Officer With Experience at Starbucks, NBA

Global insurance and professional services firm Marsh & McLennan Cos. announced that Nzinga Shaw will join the company as chief Inclusion & Diversity officer effective February 16. Shaw most recently served as Starbucks Coffee Co.’s global chief Inclusion & Diversity …

S&P Finds U.S. Insurers Made Modest Gains in Diversity Over Decade

The U.S. insurance industry has achieved only modest gains in increasing diversity over the last 10 years, according to government data compiled by S&P Global Market Intelligence. S&P found that the percentage of Black or African-American employees in the insurance …

Nunery Joins Women in Insurance Initiative

Dr. Leroy David Nunery II has joined the Million Women Mentors’ Women in Insurance Initiative (MWM WII) as a senior advisor for Diversity, Equity & Inclusion (DE&I), and will help the organization advance its work toward a more diverse insurance …

Canadian Insurer Manulife Plans to Increase Diversity by 30% Within 5 Years

Manulife Financial Corp said on Friday it was making a push to increase the representation of minorities across its North American businesses, joining a host of companies that have pledged to improve racial diversity at workplaces. The Canadian insurer is …

Measuring the Moment: How Will George Floyd’s Death Matter to Insurance Industry?

The marches and protests across the globe sparked by the death of George Floyd by Minneapolis police are presenting the country with opportunities to confront the racism and inequality that African-Americans confront every day. As executive director of the National …

Lloyd’s CEO Beale to Exit Next Year

Lloyd’s of London today announced that Chief Executive Officer Inga Beale will step down next year after leading the global insurance and reinsurance market for five years. An exact departure date has not yet been set. Beale joined Lloyd’s in …

Few Women Hold Leadership Roles in Germany’s Financial Services Sector: Study

Women occupied only around 9 percent of top management jobs in Germany’s finance industry in 2017, and the pace at which the gender gap is narrowing has slowed in recent years, according to a study on Wednesday. Only one of …

Industry’s International Diversity & Inclusion Festival to Be Held Sept. 26-28

The insurance industry’s third annual diversity and inclusion festival, called Dive In, will be held Sept. 26-28 at events across the globe. Marsh, Willis Towers Watson, XL Catlin and Aon are continuing their year-on-year support of the festival and will …

Women Are 30 Years From Attaining 30% of Seats on Boards: Report

It will take 30 years at the current pace of change for women to attain just 30 percent of the seats on executive committees in the financial services industry globally, an Oliver Wyman report said on Monday. Globally women account …