As we celebrate Pride month it’s a useful time to consider how well the protection market is serving the LGBTQ community. We conducted some consumer research into underserved sections of society and found that LGBTQ customers were 11% less likely to have individual protection than those identifying as heterosexual. As the protection market looks to provide more cover to a wider population, this is an area that needs further research to understand the barriers to purchasing. Perhaps some of the following factors are still influencing decisions? • Being wary of engaging with individual products which have been slow to adopt more inclusive language • Being put off by questions that feel intrusive and personal, or • Belief there is a bias in insurance against those living with HIV Whatever the reasons, we must find ways to be more inclusive and ensure that more people are covered by protection insurance regardless of their demographics or circumstances. https://lnkd.in/eegefTAH
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Pride presents an opportunity for all of us to gain a deeper understanding of the past, look to the future, and work for positive change in our communities. Click below to learn more about the history of Pride and those who paved the way for the freedom of today. #CelebratingPride #PrideHistory #InsuranceIndustry #Insurance #CRCGroup #PlacingYouFirst
The Society for Human Rights | Legacy Project Chicago
legacyprojectchicago.org
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👩💻 Data shows shift in female representation in insurance 👩💻 📉 The percentage of female staffers in the financial and insurance activities sector has dropped year-on-year, according to a new analysis by Kingsley Napley. 💼 The law firm, which looked at Office for National Statistics (ONS) data detailing gender balance amongst employees, highlighted that overall employment in the sector increased by 5.7% to 1.53m in Q2 2023 from the first quarter of the year. ⬇️ However, it said that women made up 42.7% of staff in the sector in Q2 2023, a reduction of 1.6 percentage points compared to Q2 2022’s result. Check out the full article on Insurancetimes.co.uk 👉 https://lnkd.in/eiC9tfAj #WomenInInsurance #Insurance #Diversity
Data shows shift in female representation in insurance
insurancetimes.co.uk
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A recent study by personal injury company Claims.co.uk, examining data from the Office for National Statistics, has pinpointed the occupations in the UK that have the largest gender pay gap. Topping the list are barristers and judges, followed closely by financial managers and directors. What is your organisation doing to close the gender pay gap? https://bit.ly/49JyptT #Reedbusinesssupport #GenderPayGap #Salaries #Equity #Gender #Employer
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| Customer Care Manager |Vulnerability Strategic Lead | DE&I champion | Passionate about good outcomes in financial services | Working for the UK’s largest mortgage & protection broker | WIP Ambassador
Just in case you missed this yesterday… - Are our products truly designed to meet the needs of different genders? - Are our product offerings inclusive or do they inadvertently favour one gender over the other? - How do we ensure alignment with gender preferences and needs in today's market? #Gender #Inclusive #Protection #WIPConference #WIPAmbassador #InclusiveDesign
Happy Friday and we’re delighted to announce another of our WIP Network Conference sessions! Stephen Baldry and Katie Dennehy from UnderwriteMe will be exploring the differences between men and women when purchasing protection insurance. Along with a panel of experts they’ll be using data insights to explore gender trends in product, and underwriting. Are our products truly designed to meet the needs of different genders? Are our product offerings inclusive or do they inadvertently favour one gender over the other? How do we ensure alignment with gender preferences and needs in today's market? It's set to be a thought-provoking session to help us consider gender when it comes to product design, underwriting and advice. One not to miss! #WIPConf #EmpoweringChange COVER Magazine Jaskeet Briah Rachel (Calvert) Frampton Paula Bertram-Lax Kerrie Cross Neal Cross Nicola McKenzie Emma Thomson Stephanie Hydon Georgia d'Esterre Shelli Bentley Lucia Jarvis Catherine Trimble
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This Women's Day, we're diving into the stories of inspiring female policyholders. We asked them how insurance has been their rock in times of need and if it makes them feel empowered. Swipe to read their responses #womensday2024 #insurtechinsights #insuranceinnovation #underservedcommunities #womensdayspecial
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Life insurance is about more than just protection—it’s about exploring life’s possibilities with confidence, knowing you and your loved ones are taken care of. From saving for college to preparing for retirement (and everything in between), reach out to learn why having someone in your corner who understands your needs can make all the difference.
Life Insurance for the LGBTQ Community | New York Life
newyorklife.com
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Life insurance is about more than just protection—it’s about exploring life’s possibilities with confidence, knowing you and your loved ones are taken care of. From saving for college to preparing for retirement (and everything in between), reach out to learn why having someone in your corner who understands your needs can make all the difference.
Life Insurance for the LGBTQ Community | New York Life
newyorklife.com
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Life insurance is about more than just protection—it’s about exploring life’s possibilities with confidence, knowing you and your loved ones are taken care of. From saving for college to preparing for retirement (and everything in between), reach out to learn why having someone in your corner who understands your needs can make all the difference.
Life Insurance for the LGBTQ Community | New York Life
newyorklife.com
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Life insurance is about more than just protection—it’s about exploring life’s possibilities with confidence, knowing you and your loved ones are taken care of. From saving for college to preparing for retirement (and everything in between), reach out to learn why having someone in your corner who understands your needs can make all the difference.
Life Insurance for the LGBTQ Community | New York Life
newyorklife.com
