Diversity has been a hot topic for many years, but is there a business case for ensuring a greater variety of individuals hold senior positions in an organisation, and what is the best way of achieving this? Intelligent Insurer reports.
Insurance offers women a fantastic career, and there are plenty of ways to support others and be supported, say Peta White and Julia Chu of Markel Global Reinsurance.
Lloyd’s Blueprint One highlights that talented people will be attracted to the insurance market because of a diverse environment that allows them to thrive, says Maurice Rose, risk and regulatory manager, PwC, and co-chair, Link, the LGBT insurance network.
The MGAA’s NextGen committee has placed diversity, inclusion and mental health topics at the core of its aims and objectives, as Catherine Bell, board member of the MGAA, reports.
The Dive In Festival has been a catalyst for positive change by giving the insurance industry the tools, inspiration and advice for best practice in inclusive workplace cultures, says Pauline Miller, head of talent development and inclusion at Lloyd’s, who is the central coordinator of the Dive In Festival.
With improved gender equality comes better business results, so Intelligent Insurer spoke to business leaders about the current climate of change and what re/insurers can do to accelerate it.
China’s Belt and Road Initiative, the economic project which aims to recreate the ancient Silk Road that linked Europe to Asia, needs protecting. ILS could provide the perfect solution, as Kirill K. Savrassov, chief executive of Phoenix CRetro Reinsurance Company, tells Intelligent ILS.
Tom Johansmeyer, head of PCS at Verisk, investigates the chances of the ILS market’s hitting a $1 billion cyber risk loss this year.
In a competitive market ‘specialisation can already be seen’.
Dominic Wheatley, chief executive of Guernsey Finance, explains how recent developments in Guernsey have left the jurisdiction stronger and ready for growth in insurance-linked securities and reinsurance.