Supporting the industry’s next generation of talent is a key area of focus for the ABI’s work on diversity and inclusion.
In July, the ABI jointly hosted a young professionals event with the Insurance Industry Charitable Foundation (IICF) at One America Square exploring how well equipped the industry is for future demands, predominately in its response to emerging technologies and attracting and retaining talent. It was a frank discussion on the industry's challenges and how younger professionals play into them. The event was supported by NGIN and speakers included Paul Jardine, Executive Vice President and Chief Experience Officer XL Catlin, Sabine VanderLinden, Managing Director, Startupbootcamp InsurTech, Adrian Matthews, Employee Benefits Director, UK, MetLife, Ola Jacob Raji, Associate Broker, Alesco Risk Management and Board Member, Next Generation Insurance Network and Stephanie Ogden, Branch Manager, Scotland, Allianz Insurance plc. Events like this complement our Future Leaders programme which offers a great executive development opportunity for both men and women and our Why Insurance Matters initiative to empower new talent in the industry.
Addressing the IICF Leading Across Generations conference in January, ABI Director General, Huw Evans, called on the industry to improve its perception among millennials and consider how it can act on getting better at creating the more inclusive workplaces the next generation of talent will demand.
Huw Evans said: “We need to consider how we as an industry can be fit for the future. The insurance industry is forward looking and has survived for the last 350 years as it is able to respond to change.
“We need to walk the walk and not just talk the talk to change perceptions of our industry for the next generation of talent. Leaders have to listen more as listening and acting on it can make a difference. The most important thing we can do is sometimes the small things that make a difference – it doesn’t always have to be a big and public initiative. Our ability to shape our reputation with customers and future and current employees lies in how we behave and adapt.”
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