DEI

Postcard from Dive In 2024

With this year’s Dive In Festival attracting participants across a record 48 countries over more than 130 sessions, the three-day event has continuously highlighted that inclusion is a business imperative which requires focus and commitment all year round.

Dive In panel calls on firms to better understand intersectionality

Firms should look beyond the face value of diversity data to consider the intersectional experience of colleagues in order to offer more tailored support systems and employee programmes, according to Dive In panellists this week.

Lomas hails market progress on bettering culture as Dive In marks 10th year

Dive In Festival will celebrate its 10th anniversary this year with a focus on the sustainability of inclusive talent pools, Lloyd’s head of culture Mark Lomas told The Insurer.

Celebrating 10 years of Dive In

Aaida Abu Jaber, IGI’s AVP PR and marketing and diversity, equity and inclusion champion, reflects on the achievements of the Dive In festival over its first decade.

Return of Lloyd’s culture survey hails continued progress in booze and bullying cases

There has been a sustained reduction in instances of inappropriate behaviour in the Lloyd’s market over the past two years, the Corporation’s latest culture survey shows, although respondents noted a decline in cultural leadership since the previous survey in 2022.

CII’s Connell defends FCA stance on EDI as parliamentary enquiry “missed the point”

Calls for the Financial Conduct Authority to propose more comprehensive rules around equality, diversity and inclusion may result in “the wrong kind of regulation”, the Chartered Insurance Institute’s Matthew Connell has warned.

Link USA’s Reilly: Insurance industry must sustain LGBTQ+ support beyond June

As Pride Month rolls around each year, many industries take the opportunity to highlight their support for the LGBTQ+ community. However, it’s crucial that this recognition extends beyond a single month, according to Chris Reilly, co-chair of Link USA.

IICF: Creating socioeconomic opportunities for young people and communities

The insurance sector can play a “pivotal role” in fostering social mobility and enhancing diversity within the workforce, with the Insurance Industry Charitable Foundation acting as a key corporate and charity partner in helping firms recognise social impact.

Dive In confirms second year of reverse mentoring scheme at 10th anniversary event

Dive In Festival has unveiled the theme of “A Sustainable Future: the next 10 years” for its 10th anniversary event later this year.

London market gender representation “stagnant” as bonus gap rebounds to 2021 levels

The London market’s gender bonus gap increased year on year in 2023, returning to the 2021 level of 61 percent as women continue to be less represented in roles with higher discretionary pay, according to new data from the London Market Group.

UK insurance sector more likely to say diversity receives “too much focus”: survey

Professionals in the UK insurance sector are more likely to agree that equality, diversity and inclusion issues receive “too much focus” compared to other problems in the industry, while at the same time recognising that the market is not representative of the diversity of society.

Parliamentary report calls out cultural and institutional “deficit” in City sexism probe

A parliamentary report has slammed the “cultural deficit” in the UK financial services sector over failures to tackle barriers to career development for women and to adequately address reported instances of bullying and sexual harassment in the workplace.

Lloyd’s hits interim female leadership target, lags on ethnicity representation

Lloyd’s has hit its 35 percent short-term target for the proportion of women in leadership roles, according to the latest market policies and practices return, although it continues to fall short on its ‘one in three’ hiring ambition to increase ethnic diversity.

Biba reaffirms ESG policy for 2024, focus on diversity and equal opportunities

The British Insurance Brokers’ Association has reaffirmed its ESG policy for 2024, with CEO Graeme Trudgill signing a pledge to promote accountability and transparency within all of the body’s practices and activities.

Davies targets 50% emissions reduction by 2030 in new ESG strategy

Davies Group – including its captive management business, MGA/broker incubation platform and Lloyd’s third-party managing agent Asta – saw a yearly greenhouse gas emissions reduction of 34 percent in 2023, with plans to achieve net zero by 2050, according to its newly launched ESG report.

Tokio Marine highlights climate action and disaster resilience in sustainability priorities

Climate action, improving disaster resilience and promoting diversity and inclusion are among the key priority issues set out by Tokio Marine Holdings in its latest sustainability strategy.

New research finds less than 7% of UK insurance CEOs are women

Women make up less than 7 percent of CEOs in the UK insurance sector, new research by law firm GQ Littler has found, with a warning that poor diversity at executive level may make companies susceptible to employment law disputes.

Aviva’s Blanc: Sexism is “amplified” in UK financial services

Aviva CEO Amanda Blanc has described sexism in the UK financial services sector as “amplified” compared to wider society, as part of an ongoing parliamentary inquiry into representation and culture in the sector.

Minority-owned Embrace Partners approved as a wholesale broker for Aon

Embrace Partners, a minority business enterprise-certified, tech-driven wholesale insurance broker and MGU of specialty commercial insurance and surety, has been approved by Aon to act as a wholesale broker in the US.

Analysis: Why speak-up policies don’t always work (yet)

The second round of evidence in a parliamentary enquiry into sexism in the UK financial services sector saw the Association of British Insurers (ABI) recognised for its parental leave and pay transparency efforts, with the committee acknowledging that it is more difficult to “break the paradigm” of culture.

Region

Topics

Events & Conferences

Content Types

DEI