Diversity, equity and inclusion (DEI) initiatives not only make companies better places to work, but also contribute to better business performance. The insurance sector, with an employee base of some 920 000 people in the EU, has always been at the forefront of promoting DEI in the workplace.
Insurance Europe has been taking a proactive approach to improving inclusivity by promoting industry initiatives, working to increase understanding of good practices and engaging with experts and social partners. Our DEI Hub showcases the latest initiatives taken by the industry to promote equal access, opportunity and inclusivity in the workplace. It provides a platform to facilitate the sharing of material and good practices from around Europe.
Members of ČAP, the Czech insurance association, focus on a range of areas that promote D&I. There are projects to support young talent, facilitate the employment of disabled people, run training programmes for employees aged 55+ and to keep in touch with retired employees.
ČAP members also focus on women, with, for example, a “Women Managers Club” or efforts to create a more balanced representation of women in management roles. Employers also focus on supporting employees on maternity/parental leave. The promotion of diversity is supported through courses for employees.
- Six hours of training for all employees, based on UNESCO’s competency framework for achieving the UN’s Sustainable Development Goals, which aims to create a common language and understanding for discussing D&I issues and to increase employee awareness.
- A partnership with Stonewall, the LGBTQ+ rights organisation, to provide benchmarking, webinars, etc.
- Publishing analysis of the median gender pay gap across all its business units in its yearly sustainability report.
ANIA, the Italian association of insurance companies, and the National Commission for Equal Opportunities in the insurance sector, which was set up by the insurance social partners in 1991, work to spread a culture of equal opportunities in the sector through annual initiatives and events.
“Certificazione della parità di genere” (Gender equality certification)
The Italian standardisation body, UNI, released new standards in 2022 (UNI/125:2022 Guidelines) whose objective is to certify companies’ policies and measures to reduce the gender gap. ANIA launched a project in December 2022, in collaboration with UNI, to support companies in obtaining the equality certification.
Renewal of the National Collective Agreement (CCNL) for the insurance sector, November 2022
Collective bargaining is a strong tool for raising awareness and influencing the entire sector. ANIA and the trade unions have introduced initiatives in the areas of disability, health and safety, welfare, gender and parenting:
Many initiatives have been undertaken by companies over the years to ensure the equal rights, inclusion and well-being of employees. Examples include:
In 2019, UNESPA adopted a set of good practice
Last update: 6 May 2023
Video series: Diversity, equity and inclusion in insurance
Joint declaration of the European Insurance Social PartnersInsurance Europe is proud to have signed a landmark joint declaration with the European insurance social partners committing to supporting companies to make DEI an integral component of their culture and business strategies.