Diversity-focused initiative makes big job impact in UK insurance market

Organisation has helped dozens of ethnic minority candidates enter the industry

Diversity-focused initiative makes big job impact in UK insurance market

Insurance News

By Gabriel Olano

ACINRecruit, a diversity-focussed, social enterprise recruitment agency for the London insurance market, announced that it has placed 32 ethnic minority candidates since its launch less than a year ago.

ACINRecruit was launched in September 2020 by the African-Caribbean Insurance Network (ACIN), aiming to improve ethnic diversity in British insurance. It won the Chartered Insurance Institute’s Talent Attraction Award in 2021. It provides end-to-end talent acquisition services to carriers, brokers, MGAs, and market suppliers, and opportunities for graduates and others from ethnic minority communities to enter the insurance industry.

“Some of the candidates we placed turned down job offers from investment banks, consultancies, or law firms to choose a career in the insurance sector,” said Junior Garba, co-founder of ACIN and an underwriter at Tokio Marine Kiln. “They learned about our market’s career appeal through the ACIN.”

Amid a highly competitive jobs environment, ACINRecruit has helped young candidates secure entry-level roles across underwriting, broking, claims, actuarial, and finance. The agency has also helped diversity candidates secure places in some of the sector’s top graduate schemes, including those of Willis Towers Watson, Willis Re, and Travelers. The new hires were recently welcomed to the market by Lloyd’s CEO John Neal.

“With our help, some of the companies that found promising new talent through ACINRecruit hired a record-high number of individuals from ethnic minorities during our speciality agency’s first year,” Garba said. “Many had pledged to do more to improve racial inclusion in the market following last year’s global anti-racism protests, and diverse recruitment was a key action. Several began to work with organisations like ours to bring Black, Asian and other ethnically diverse people into the market and their firms.”

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