Unsupportive culture and organizational bias both tied (28%) as the top barrier to women in leadership. Unsupportive culture and organizational bias both tied (28%) as the top barrier to women in leadership. (Photo: iStock)

The insurance industry is dominated by women. According to the Current Population Survey of the U.S. Bureau of Labor Statistics, women have consistently comprised about 60% of the insurance workforce in every year since 2007.

But at the leadership level, inequality is rampant: women occupy only 19% of board seats, 11% of named inside officer positions and 12% of top officer positions such as CEO, COO and CFO, according to Women in Insurance: Leading to Action, a whitepaper released from the Million Women Mentors (MVM) Women in Insurance Initiative (WII).

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].

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