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Lloyd’s of London urges insurance firms to hire more ethnic minorities
The insurance industry has made notable progress in attracting, retaining and developing diverse talent, but opportunities remain for insurance companies to make diversity and inclusion and central aspect of their culture. In this package, we highlight best practices, research and more to help inform firms' decisions on their path toward promoting and advancing diversity within the insudustry.
One of the many outcomes of the COVID-19 pandemic is that many people are reconsidering their careers, taking time to think about their priorities and re-train and up-skill in new areas, with a view to changing their path.
As a business owner, this could be a fantastic opportunity to diversify your team, bringing in new perspectives by recruiting from a broad range of backgrounds and industry sectors. It’s all too easy to hire within your comfort zone, believing that having a cohesive team means one with similar viewpoints and lifestyles who will bond better in the workplace as a result of their shared experience. But studies have shown that diverse businesses are 35% more likely to financially outperform their industry’s national average.
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