Lloyd’s launches industry-first survey

Lloyd’s launches industry-first survey | Insurance Business Australia

Lloyd’s launches industry-first survey
Lloyd’s has announced the launch of its inaugural industry diversity survey, which aims to measure diversity and inclusion progress across the Australian insurance industry.

The 2017 Insurance Industry Diversity Survey will provide industry-wide benchmarks and statistics on diversity and inclusion throughout the general insurance sector and provide insights on workplace inclusion on broad demographic areas such as gender, languages, ethnicity, mental health, and sexual orientation along with attitudinal feedback.

The survey will be independently hosted by Macquarie Bank, who will also compile results for release at the Lloyd’s Dive In Festival, which will be held both in Australia and around the world in September.

“Insurance companies are increasingly aware that diversity and inclusion needs to be a strategic priority,” Chris Mackinnon, Lloyd’s general representative in Australia and chair of the Dive In 2017 organising committee said.

“There is a wealth of evidence proving more diverse companies are better placed to win top talent, and to improve customer engagement, employee satisfaction and overall decision-making.”

With estimates pegging the number of people employed by the insurance industry in Australia at 60,000, a look into the make-up and diversity of the industry is long overdue.

“Measuring progress and understanding the opportunities that diversity and inclusion offers for all businesses is critical,” Eoghan Trehy, head of the insurance broking segment for Macquarie Business Banking said.

“It’s important to identify the areas which need addressing and generate new ideas, and we understand the important role benchmarking research has to play in obtaining the data businesses need to make informed decisions.”

The survey, which closes on August 5, can be accessed here.

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