Diversity
Only 8% of broking CEO and 5.4% of chair roles held by women
With gender diversity falling in key regulated senior management functions at brokers and lagging behind the low levels in the FCA-regulated financial services sector Insurance Age takes a deep-dive into which posts are held by women as our Broker…
FCA raises concerns on D&I strategies
The Financial Conduct Authority has warned that firms’ diversity and inclusion strategies are not consistently based on a clear diagnosis of their specific circumstances and challenges, meaning actions and initiatives may not be appropriately focused.
Stark FOI data reveals scale of broking’s gender diversity leadership gap
Broking’s lack of gender diversity in key senior management function roles has got worse since 2020 with the sector also falling behind the current low levels set by the FCA-regulated financial services industry, a Freedom of Information request by…
Headline makers: December 2022
The key stories from the past month all in one place.
CII gender pay gap spikes to 21.19%
The Chartered Insurance Institute Group has reported a mean average gender pay gap of 21.19%, up from 14.81% in 2021, alongside an improved ethnicity pay gap of 13.1%.
Sheldon Mills insists that ‘we must not lose sight’ on diversity and inclusion
The Financial Conduct Authority’s Sheldon Mills has urged the industry to do more on ensuring diverse representation and inclusive cultures.
ABI publishes new Blueprint to help improve diversity and inclusion
The Association of British Insurers has published a new Blueprint which sets out a multi-year strategy and work plan to improve diversity, equity and inclusion across the insurance and long-term savings industry.
Industry gears up for 2022 Insurance Day of Giving
Insurance United Against Dementia is preparing for the latest Insurance Day of Giving with several firms already committed to raising money for the Alzheimer’s Society.
MD of AbbeyAutoline urges brokers to pledge their commitment to D&I
Managing director of AbbeyAutoline, Julie Gibbons, has called on brokers to formalise their policies and pledge their commitment to diversity and inclusion.
Zurich becomes GAIN’s first Industry Transformer member
Zurich Insurance has become the Group for Autism, Insurance, Investment and Neurodiversity’s first Industry Transformer member.
UK Broker Awards 2022: Young Broker of the Year
George Abbott has gone from a telematics broker with no insurance experience to an integral member of a start-up that has grown to £10m of gross written premium since its 2015 formation
UK Broker Awards 2022: ESG Broker Champion – Sustainability
Capsule wowed the judges with its outstanding sustainability ethos, which permeates through its entire business. The start-up launched last year to support companies strong on ESG and has already achieved a B Corp certification. It secured more than 60…
UK Broker Awards 2022: ESG Broker Champion – Diversity and inclusion
Diversity and inclusion has been at the heart of AbbeyAutoline’s culture since its inception just two years ago following the merger of Autoline and Abbey Insurance, two of Northern Ireland’s most established insurance brokers
UK Broker Awards 2022: Broker Personality of the Year
Sam White is on a mission to change the face of insurance and is breaking the industry mould with her message. She wants to turn around insurance’s reputation for a lack of honesty and transparency – and create a more diverse industry in the process.
Ex-broker wins age discrimination case after boss told him he’d been around ‘as long as Pontius Pilate’
A 66-year-old former employee of broker Clegg Gifford & Co has won an age discrimination case after being told he had been around “as long as Pontius Pilate”.
Mistry warns brokers over cost of living crisis as he launches new agency
Ajay Mistry, a board member at the Society of Insurance Broking, has told Insurance Age that brokers need to look after their staff during the cost of living crisis.
Registration opens for 2022 Dive In festival
Diversity initiative Dive In has opened registration for its 2022 festival as it calls on the insurance industry to build braver cultures.
Chaucer’s head of insurance insists the industry must be more inclusive for women
The head of insurance at Chaucer, Xamira Groves, has told insurance Age that there is “plenty more” to be done with women taking on roles in the insurance industry.
CEO of WBN flags lack of diversity across senior broker roles
The CEO of the Worldwide Broker Network, Olga Collins, has warned of a lack of inclusion within senior roles.
FCA reveals D&I progress and strengthened targets
The Financial Conduct Authority has revealed progress towards its diversity and inclusion goals in its Annual Report & Accounts for 2021/22.
ESG Round-up - July 2022
Insurance Age rounds up the key stories from the insurance sector’s environmental and social governance agenda, featuring Aviva, Brit Insurance, Romero Group and Partners&.
Lloyd’s launches mentorship scheme for LGBTQ+ staff
Lloyd’s of London has developed a pilot LGBTQ+ mentoring programme for those in the Corporation and Lloyd’s market.
Amanda Blanc says she feels “responsible” for addressing industry sexism
Aviva CEO, Amanda Blanc, has spoken on Women’s Hour this week to say she felt compelled to address sexist incidents as one of only nine female FTSE 100 CEOs.
ESG round-up - June 2022
The latest in environmental and social governance featuring Partners&, Kew Insurance, Aviva and Allianz.