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Category: Industry News
Specialist global insurance market, Lloyd’s, are celebrating three years of collaborative partnership with diversity consultancy, the Clear Company.
Lloyd’s has consistently affirmed its commitment to promoting best practise across the insurance industry since first outlining its intentions to create a more inclusive recruitment process, create effective pipelines of diverse talent and promote best practise in diversity and inclusion across the wider market.
A series of recommendations were put forward and implemented by the Clear Company to improve diversity and inclusion after an in-depth recruitment audit. Each stage of the audit was independently reviewed by an industry leading senior HR professional and a chartered occupational psychologist. One of the key features of this recommendation was a custom built recruitment selection workshop, which hiring managers operating within the Lloyd’s marketplace are required to attend. So far, 150 individuals have been accredited on this course.
The results highlighted a considerable increase in requests for reasonable adjustments in the recruitment process. This is something which Lloyd’s hopes to replicate within the insurance companies it works with by giving access to an industry specific Clear Talent Tool Kit for all managing agents. Hiring managers of member companies will also continue to have the option to attend recruitment selection workshops.
Paul Awcock, Head of Talent Sourcing at Lloyd's, said: “Our longstanding partnership with the Clear Company is one founded on the continued provision of an outstanding service. The incredibly thorough audit facilitated by the team has not only helped us to ensure that our recruitment process is inclusive to diverse talent but also given us the opportunity to promote best practice across the entire specialist insurance sector.”
“The recommendations made by the Clear Company, have helped to eliminate bias within the recruitment process, and created tangible change in terms of diversity and inclusion. As a case in point, during our 2015 ‘emerging talent’ recruitment process, no reasonable adjustments were requested by candidates, just a year later over 100 requests were made by interviewees. In order to maintain this momentum, we’ve retained the Clear Company as trusted partners going forward.”
Kate Headley, Director of The Clear Company added: “We were keen to take the challenge to create palpable transformation in a 329 year old market and are immensely proud to have worked in partnership with Lloyd’s for over three years. We are also incredibly pleased to have worked closely with the organisation to create tailored solutions which directly address recommendations made as part of the initial audit process, such as a best practice framework, personalised training programmes, and a unique technology platform.”
VERCIDA works with over one hundred clients who are committed to creating an inclusive work environment. If you are an employer and interested in working with VERCIDA to promote your diversity and inclusion initiatives and attract the best candidates, please call 02037405973 or email [email protected] for more information.
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