To commemorate International Women’s Day, we are thrilled to participate in a discussion with exceptional women leaders for a special edition of Insurance News Analysis. The dialogue revolves around the advancements towards gender equality in the insurance industry and the ongoing efforts needed to bridge the remaining gaps.
One prominent issue being addressed is the recruitment, retention, and promotion of women within the insurance sector. While research indicates that attracting women to the industry is not a challenge, the real struggle lies in nurturing that talent into leadership positions. Gunjali Rana, Assistant Vice President of Diversity, Equity & Inclusion at CNA, a distinguished winner of the Insurance Business 5-Star DE&I awards, emphasizes that besides the pay gap, various other disparities warrant attention.
Insurance companies are now implementing dedicated programs to enhance the representation of women and diverse groups in the workforce. Trina Bowser, a member of the Black Insurance Industry Collective (BIIC) Leadership Council at Accenture, sheds light on the BIIC’s collaborations with firms to establish initiatives promoting mentorship and sponsorship.
According to the Accenture Future of Work study, a staggering 70% of the global workforce juggles caretaking responsibilities for children, parents, and other dependents. Our panel of experts discusses strategies they’ve employed to support women in navigating work-life balance while advancing their careers.
Furthermore, the insurance industry has a vital role to play in fostering inclusive practices. Heather Sullivan highlighted this aspect in a recent blog post, emphasizing the industry’s responsibility towards inclusive insurance practices.
Accenture’s International Women’s Day theme, “Be Without Limits,” encapsulates the essence of pushing boundaries and empowering women to break barriers. Our session concludes with our panelists sharing inspiring women who exemplify living without limits.
Happy International Women’s Day from all of us at Capitlux.com! Join us for the latest insights, news, and research in the insurance industry by subscribing to our newsletter.
