Parametric insurance for the diversity and inclusion market

These authors argue that the corporate diversity market has historically been one of reactionary spending. An insurance product aimed at diversity and inclusion problems could be a solution. (Photo: fizkes/Shutterstock.com)

Courage contagion seems to be the most relevant phrase to use when reviewing the trend that we see from employees at complex organizations that have a history of diversity and inclusion (D&I) complaints.

The usual scenario goes something like this: One employee speaks out about the disregard for their experience and expertise, and other employees start to rethink how they’ve been valued in that workplace. Over the past 20 years of corporate change management, we’ve seen this trend start to snowball into new types of internal corporate policy and financial risks.