Senior leaders from across the insurance profession are joining forces to improve women's resilience to risk.
The new taskforce is being formed as part of the Insuring Women's Futures (IWF) programme and will develop new and innovative solutions to the risks that women face in life.
IWF is a programme of change led by the CII to improving the sector's knowledge of women's risks, the representation of women at every level of the profession and access to solutions to those risks.
The new taskforce will focus on three key areas:
- Improving awareness among women of the risks they face in life and engagement with the existing solutions
- Developing joined-up policy interventions
- Identifying new and improved insurance solutions to women's risks.
The taskforce will concentrate on setting the priorities for positive change and galvanising the profession into action. It will work in conjunction with a number of working groups that will look at tactical activity to drive change, facilitated by the CII.
Inga Beale, patron of the IWF programme, CEO of Lloyd's and president of the CII, commented: "Women are less engaged with insurance protection products and services than men and as a consequence, are underprotected. That is a risk for society, not just for women. This new taskforce will bring together expertise in a range of areas to work with the insurance profession to address this issue and drive real change."