Diversity And Inclusion In Insurance

Insurers are committed to recruiting to create a diverse and inclusive culture and as we celebrate International Women’s Day our industry is one of many striving to attract, develop and retain female talent.

Some 78 percent of large organizations around the world are actively trying to recruit more women, according to PwC, and we’re now seeing competition for female talent escalate to a whole new level.

“As employers enter this talent battle, they need to recognize they won’t just face competition from other would-be employers when hiring female talent. As employer demand for female talent rises over time, it will be critically important not only to attract female talent, but also to be able to develop, engage, progress and retain female talent once inside the organization.”

Establishing gender diversity recruitment targets is a key practice at employers whose diversity efforts led to increased levels of female applicants and hires, PwC found.

The Insurance Information Institute (I.I.I.) reports that in 2015, there were 1.6 million women employed in the insurance sector, accounting for 59.4 percent of the 2.7 million workers in the insurance industry, according to the Bureau of Labor Statistics.

To find out more about diversity and inclusion efforts across the insurance industry, check out the I.I.I.’s new webpage.

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