International insurance group
XL Catlin has announced its enhanced family-friendly leave benefits package as part of its diversity and inclusion strategy and efforts to attract and retain the best talent in the industry.
The new benefits package includes more paid time off for maternity, adoption, and family care. Initially, these have been rolled out in the company’s four largest locations, with other offices to follow.
In the US, employees will have up to 16 weeks’ maternity, adoption, and surrogacy leave with full pay for the primary caregiver, regardless of gender. Secondary caregivers will have four weeks of fully paid parental leave, to be taken any time during the first 12 months. Reimbursement of certain expenses will also be available to US employees that choose to adopt or have a surrogate child. Additional leave days will also be provided to care for extended family members.
Want the latest insurance industry news first? Sign up for our completely free newsletter service now.
The company has also introduced similar leave packages in the UK, India, and Switzerland, conforming to local practices and relevant laws.
XL Catlin is also instituting a workplace flexibility initiative that allows full-time and part-time employees to choose from a variety of working arrangements, including flexible working times and locations. Aside from variable working hours, employees can choose to work from home or from a different office on different days if the need arises.
Eileen Whelley, XL Catlin’s chief human resources officer, commented: “An essential element to attracting and retaining the best talent in our industry is a strong commitment to diversity and an inclusive culture which provides support for all colleagues to manage the demands of work and family and embraces flexibility in the way we work and in the way we think. We believe our new and enhanced policies will further empower our people to achieve a healthy work/life balance, giving them greater flexibility in how they work and giving XL Catlin the continued benefit of their enormous contributions.”
Related stories:
XL Catlin recognized for insurance innovation
Need advice on diversity? Take it from the woman suing you
Allstate promotes workplace diversity with partner awards program
