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BFL founder donates $500K towards women leadership centre

May 27, 2021 by David Gambrill

BFL Canada’s founder, Barry F. Lorenzetti, is giving $500,000 to establish the Barry F. Lorenzetti Centre for Women Entrepreneurship and Leadership at Concordia University in Montreal and to endow research grants and scholarships for undergraduate and graduate students. “Entrepreneurship involving

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Why the pipeline of diverse talent keeps drying up

May 20, 2021 by Adam Malik

Market conditions have led to broken talent pipelines which, in turn, have had a negative effect on companies being able to have a proper diversity, equity and inclusion (DE&I) program, a financial executive told a group of risk managers recently.

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Debbie Thompson, past president, IBAO

March 12, 2021 by Greg Meckbach

Debbie Thompson, Manager, Risk and Insurance, Ontario Ministry of Government and Consumer Services Canada’s P&C insurance industry is making good progress on increasing female representation of women in the C-suite, but more needs to be done to mentor future women

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Heena Patel, RSA Canada

March 12, 2021 by Greg Meckbach

Heena Patel, Senior Vice President, Chief Auditor, RSA Canada Advertising to more potential job candidates and raising awareness among managers about unconscious bias are among the measures the property and casualty insurance industry can take to help women advance into

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How to actually improve diversity on your board

March 11, 2021 by Jason Contant

Data show that most directors are interested in diversity — at least in theory — on their boards, but that doesn’t always translate into real change. A new blog written by the leader and a principal of PwC’s Governance Insights

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How Canadian brokerages are addressing systemic racism

February 10, 2021 by David Gambrill

Sensational news stories about racial injustice in 2020 have prompted Canadian P&C insurance brokerages to take a corporate stand against racism and promote diversity and inclusion within their ranks, brokerage leaders observed in a recent Canadian Underwriter webinar. Black Lives

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Advice for how to go beyond a ‘general commitment’ to diversity and inclusion

January 8, 2021 by Greg Meckbach

Your organization may be committed to having a diverse and inclusive workplace, but you may need to go further than that, the Toronto-based Human Resources Professionals Association suggests in a recent report. “A general commitment to diversity and inclusion is

News Insurance

The financial benefits of improving diversity and inclusion

November 26, 2020 by Jason Contant

Improving diversity and inclusion (D&I) in insurance companies has a positive impact on the business above and beyond compliance and the reputation of the organization, speakers said recently at a virtual industry event. Some of the benefits include better talent

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The case for using data for diversity and inclusion in senior ranks

November 25, 2020 by Jason Contant

Insurance companies are used to collecting data, but they need to do a better job of using data around race and gender to build diversity and inclusion in their senior ranks, speakers said Tuesday at KPMG’s 2020 Insurance Conference. Insurers

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Who’s heading Fairfax’s effort to improve opportunities for the Black community

November 5, 2020 by Greg Meckbach

Craig Pinnock, chief financial officer of Toronto-based Northbridge Insurance, is heading the Black Initiatives Action Committee for Fairfax Financial Holdings Ltd., Northbridge’s corporate parent. The Black Initiatives Action Committee has one representative of the Black community from each of the

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The price you pay for a lack of diversity

November 5, 2020 by Adam Malik

If your brokerage lacks diversity, you may not only be missing out on growth opportunities, but you also are setting yourself up for bad hires, bad decision-making, and reputational harm, a keynote speaker recently told Ontario brokers. Organizations lacking diversity

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The business case for diversity and inclusion at a brokerage

October 9, 2020 by Greg Meckbach

If you truly want to connect with your customers, your organization must be diverse, an industry consultant suggests. “There is room for improvement in corporate Canada, not just in property and casualty insurance, in ensuring women, visible minorities and people