The insurance industry has come a long way in its approach to diversity and inclusion, but there is still progress to be made. Today, leaders of insurance firms are more aware than ever about the business value of diversity, and you should be too. According to Laila Gillies, an insurance leader paving the way for females in insurance, diverse teams drive stronger decision-making and innovation which then results in higher profits.
Without a diverse workforce, insurance companies risk missing out on the valuable perspectives and contributions that stems from having a blend of different people on their team. Having a diverse workforce also enables insurance companies to better understand and meet the needs of their diverse customer base.