DIVERSITY AND INCLUSION

DIVERSITY AND INCLUSION

DIVERSITY AND INCLUSION

Diversity and inclusion remains a key issue in the insurance industry and beyond, and this year’s Top Insurance Workplaces are doing their part to be inclusive. From in-house groups centred around women or LGBTQ+ employees to leadership development courses for minority staff to accommodations for workers with physical challenges, these companies overarching goal is to offer as much support as possible.

The workforce at this year’s Top Insurance Workplaces is 62% female, and more than 20% of the employees identify as minorities by race, ethnicity, sexual orientation or disability at companies that track that data. Yet the gender and minority gap in executive-level positions (only 45% of which are held by women and 12.5% by minorities) still leaves room for improvement. To help close this gap, some of this year’s Top Insurance Workplaces have formed diversity and inclusion committees to find new ways to foster diversity within their ranks.

These companies are also striving to appeal to both new and experienced workers. Many Top Insurance Workplaces are reaching out to young talent by spotlighting flexible work hours and working closely with local colleges and universities, while also keeping a high value on the experience of older employees by offering them options as they near retirement.

What percentage of employees are millennials?

Fewer than 99 employees: 44%
100 to 499 employees: 41%
500+ employees: 42%

 
What percentage of employees are male versus female?

Male: 38%
Female: 62%

 
What percentage of employees identify as a racial or ethnic minority, LGBTQ, or a person with disability?

Fewer than 99 employees: 20%
100 to 499 employees: 11%

 
What’s the gender breakdown at the executive level?

Male: 55%
Female: 45%

 
What’s the proportion of minorities at the executive level?

Fewer than 99 employees: 12%
100 to 499 employees: 13%

 
What’s the proportion of millennials at the executive level?

Fewer than 99 employees: 26%
100 to 499 employees: 17%
500+ employees: 11%