As an industry, we must embrace a culture of D&I in order to find success in this new business reality. As we discussed in our latest edition of Compass, the topic of D&I has gone viral and vocal as the focus shifts away from not only gender inclusion but towards all facets and faces of diversity. The call to action is now. The broad-based inclusion of women and minorities across all industries and sectors is now a business imperative—and the insurance industry is no exception.
D&I is no longer simply “nice to have.” Today it is a pressing issue that must be a primary topic of conversation within the workplace. No organization can find success in today’s global world without a diverse and inclusive workplace. In fact, diversity has been shown to have an immense impact on organizational success—from increased innovative capacity to expanded recruitment opportunities.
The vision of a diverse and inclusive workplace must become a reality. D&I must be the new business priority. It is vital to building a flourishing business strategy, capturing new clients and ultimately succeeding as an organization. Insurers must move beyond just accepting the diversity mandate and instead embrace it, live it, challenge others to join in, and be the forward-thinking and provocative voice in the room. As an industry, this is our opportunity to lead with conviction and collective courage.
For insights on the growing call for diversity and inclusion along with an update on the insurance industry's talent market, download Compass.