The main aim of 45% of insurers’ diversity and inclusion (D&I) programmes is to improve workplace culture, a survey of CII members has revealed.
A social media poll of 328 CII members in August asked: What is the main goal of your firm’s diversity and inclusion policy?
Most stated they were working to improve workplace culture, three out of 10 said they wanted to prevent discrimination, 18% said the focus was to attract and retain talent, while 7% stated the main aim was to increase customer diversity.
The survey’s results follow the Financial Conduct Authority’s recent statement that while the financial services profession has taken steps forward on diversity and inclusion, there is still much more to be done to create truly diverse and inclusive organisations that meet the diverse needs of those the firms they serve.
In 2019, the CII introduced a new requirement for all Chartered firms to have a D&I policy in place.
In April and May this year, the CII surveyed 328 Chartered firms to measure the impact policies have and identify good practice.
The CII will use the findings of the survey to share good practice guidance on what insurance professionals can do to take strides forward and become more diverse and inclusive.
Read our article on Chartered firms and diversity on page 30 of The Journal