We believe that diversity, equity, and inclusion (DEI) are fundamental to drive the future success of any organisation. A much sharper focus on raising awareness and implementing initiatives to strengthen DEI across the industry reflects not only an increased commitment to deliver fair and inclusive places to work, but also highlights the benefits that DEI can bring, commercially as well as culturally.
Reshaping DEI in Insurance
Build your business with greater diversity, equity and inclusion
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Why is DEI your competitive advantage?
DEI is a key pillar within ESG (Environmental, Social and Governance) frameworks. Because of this, investors, shareholders, employees, regulators, and customers are looking at what organisations are doing around DEI when making decisions. The consideration of ESG factors has become critical to the success of organisations across all sectors.
The benefits of focusing on DEI can be seen across all areas of the organisation, including innovation, resilience, profitability, a better understanding of customers and better decision making. Make it your competitive advantage.
Better customer relationships Being able to demonstrate diverse work practices and culture will add depth to your customer relationships and help you to better serve their needs.
Innovation Inclusive companies are 1.7 times more likely to be innovation leaders in their market.
Increase profitability Organisations with diverse leadership teams tend to produce 19% more revenue.
Attraction and retention Diversity is an important factor for 85% of candidates when looking for a new job.
Competitive advantage Organisations with diverse executive teams are 35% more likely to financially outperform their industry peers.
Increased creativity and productivity A diversity of ideas and viewpoints can lead to creative breakthrough. Gender diverse teams are also found to be more productive.
How we can help
We appreciate that different organisations are at different stages in their DEI journey. Therefore, we can adapt and tailor our offerings to your needs. We have 3 programmes:
Starting a DEI Programme
This is when an organisation is still on the ‘starting blocks’ in DEI, with little or nothing currently in place for a formal programme.
Specific Focus
Focused on improving a single area of DEI. This may be appropriate where a problem area has been highlighted in the assessment as having an immediate and adverse business impact.
General Improvement
Designed around improving the maturity of an organisation.
We are equipped and experienced in supporting you. Depending on your needs, we have a range of teams who will work together to deliver for you, including People Consulting, Employment Legal Services, Data Analytics and Learning.
