Insurance Business America (IBA) has released its 2025 list of companies recognized for their efforts in advancing diversity, equity, and inclusion (DE&I) in the insurance industry.
The annual 5-Star DE&I awards honor organizations with initiatives that demonstrate measurable impact in fostering inclusive workplace cultures.
IBA used a two-step process to identify this year’s honorees. Companies were first invited to submit information detailing their DE&I strategies and achievements from the past year. Following these submissions, employees within the nominated companies participated in a survey to evaluate the effectiveness of their employers’ DE&I initiatives.
Only organizations receiving an average employee rating of four or higher on a five-point scale were included in the final list.
Two of the companies that earned recognition in 2025 were Alliant Insurance Services and NFP, an Aon company.
Alliant Insurance Services is one of the largest insurance brokerage and consulting firms in the US, generating $4.6 billion in revenue and managing $41 billion in premiums. With over 13,300 employees across North America, the company continues to grow through a combination of organic expansion, acquisitions, and workforce development.
The firm’s DE&I framework is built around six pillars:
accountability;
organizational culture;
representation;
client partnerships;
brand enhancement; and
community involvement.
This comprehensive approach aims to embed DE&I principles into all levels of the organization.
NFP, an Aon company, provides expertise in risk management, employee benefits, wealth management, and retirement planning. Operating globally, the company employs more than 7,700 professionals across the US, Canada, the UK, and Ireland.
The company’s DE&I strategy focuses on fostering collaboration and incorporating diverse perspectives into its decision-making and client solutions. The organization works with a wide range of industries and communities, tailoring its services to meet varied needs while promoting an inclusive workplace culture.
IBA’s 5-Star DE&I awards highlight companies that are setting the standard for inclusive practices in the insurance sector. This recognition reflects ongoing efforts to address workforce expectations for equity and representation, offering examples for other industry players to follow.
See the full list of 2025 winners by checking out the latest IBA 5-Star Diversity, Equity & Inclusion special report.