Advice for how to go beyond a ‘general commitment’ to diversity and inclusion
January 8, 2021 by Greg MeckbachYour 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…
The financial benefits of improving diversity and inclusion
November 26, 2020 by Jason ContantImproving 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…
The case for using data for diversity and inclusion in senior ranks
November 25, 2020 by Jason ContantInsurance 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…
Who’s heading Fairfax’s effort to improve opportunities for the Black community
November 5, 2020 by Greg MeckbachCraig 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…
The price you pay for a lack of diversity
November 5, 2020 by Adam MalikIf 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…
The business case for diversity and inclusion at a brokerage
October 9, 2020 by Greg MeckbachIf 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…
How Fairfax is addressing anti-Black racism
August 28, 2020 by Greg MeckbachThe corporate parent of Northbridge Insurance has formed its own anti-racism committee and joined a new Canadian organization that aims to create opportunities for visible minorities and indigenous people in the industry. “We have formed a Black Initiatives Action Committee,”…
How Canada’s insurance industry fares in diversity & inclusion
December 19, 2019 by Greg MeckbachThe industry is not “horrible” when it comes to diversity and inclusion but more can be done, speakers suggested at KPMG Canada’s recent insurance conference. Diversity and inclusion have to be “directed from the very top,” said Heather Masterson, president…