No ‘silver bullet’ for slow gender equality progress in insurance

26-07-2022

No ‘silver bullet’ for slow gender equality progress in insurance

Lara Pedley, ISC Group; Melissa Collett, CII, Abina Kealy, Partner Re; Lisa Bartlett, Crawford & Company; Shruti Deshmukh, RMS; Marisa Savage, PwC Bermuda

The financial services sector in the UK is not home to big numbers of senior women. They account for only 22 percent of executive committee members across the sector, according to the 2021 Women in Finance Charter.

While representation is improving, progress towards gender equality remains frustratingly slow. Last year, Swiss Re Institute research found that women represented about a fifth of re/insurance company executives in 2019 and only 10 percent of CEOs.

Why is progress taking so long? Intelligent Insurer invited a panel of experts to answer this question, and discuss how companies can do their part.

Shruti Deshmukh, product manager, models at RMS, believes the fact that progress towards gender equality remains slow is “astounding” when you look at the numbers.


women, equality, progress, gender, Crawford, ISC, CII, PwC, PartnerRe insurance, reinsurance

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