One of the most prominent themes to have emerged out of 2020 is the renewed commitment from the public and businesses to foster diversity and inclusion (D&I). Companies across industries are now evaluating how to address discrimination and representation issues concerning all minorities in the workplace.

On Oct. 12, Marsh and the Latin American Association of Insurance Agencies (LAAIA) released the "Building a Future for Hispanic Professionals in the Insurance Industry" report that explores Hispanic representation within the insurance industry. The report's timing also coincided with National Hispanic Heritage Month, which is observed annually from September 15 to October 15.

"Many of the findings are frustrating, though not surprising," writes Martin South, president, U.S. and Canada at Marsh, and Lissette Perez, president of LAAIA. "We hope the report will draw attention to continuing, systemic problems, and inspire industry leaders to take actions that will support Hispanic colleagues, develop more of them as insurance leaders, and plant the seeds to grow a larger, vibrant generation of Latinx insurance professionals."