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Women in Finance Charter at Lloyd's

In 2016 Lloyd’s became a charter signatory of the Women in Finance Charter, a government backed initiative designed to improve gender diversity in senior positions across the financial services sector. 

As part of our commitment to the Charter we set a target to achieve at least 40% male and at least 40% female representation in our senior management population over the next 5 years. 

These goals are built into the annual objectives of the Executive Team and cascaded to our senior management population which in turn are built into our performance management and reward system. 

To proactively support gender diversity, Peter Spires, Head of Legal and Secretariat has been appointed as the Executive Team lead, responsible and accountable for gender diversity and inclusion within the Corporation. Peter is also the Executive Sponsor of “Inspire” – the Lloyd’s Gender Equality network. 

2017 Update 

We see our commitment to the Charter as a journey, one which requires early interventions that have immediate impact as well as longer term investment into our pipeline. 

Since signing the Charter there has been little change in the proportion of women in our senior management population. However, we are confident that the steps we have taken, such as rolling out unconscious bias awareness learning and supporting resources for senior leaders, signing up to the Working Forward campaign to support pregnant women and new parents and implanting mandatory inclusive hiring workshops for all hiring managers, will in turn show progress towards our target in the long term. 

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