In a turbulent year that has seen industry bosses called out as racist and sexist, Chartered Insurance Institute CEO Sian Fisher considers how the sector has performed when it comes to improving diversity and inclusion.
CII survey highlights there is more for the industry to do to tackle the loyalty penalty.
Decision comes after nearly 40 years with the firm.
Decision follows the body’s move from Aldermanbury and money raised will be donated to charity.
The body has challenged brokers and insurers and financial advisers to speak to at least ten women about how they can improve their financial situation in Talk Money Week.
Anyone can sign up to the free four-week long online course and the body has developed an e-mentoring programme for members.
Organisation says it received proceeds of £21.0m from the sale of the Aldermanbury building.
The digital code of ethics is the latest modernisation measure at the body.
In a speech at the MGAA annual conference, CEO John Neal declared “whatever we’re doing isn’t enough”.
Following the warning Lloyd's has revealed advisory committees designed to tackle diversity and inclusion featuring sector leaders such as Zurich's, Amanda Blanc, and the CII's, Sian Fisher, have been set up.
The site will display insurance books and heritage items. Concern was raised about what would happen to the CII’s artefacts when it announced it was moving from Aldermanbury in 2017.
The body’s annual report showed it had fewer insurance members in 2017 as spending nudges up to push forward transformation plan.
Body to move from the Aldermanbury building in June.
The Institute said insurers and financial planners should work together to improve outcomes for women who are likely to be worse off than male partners.
The change in location follows the sale of Aldermanbury which took place last year.
Fisher responded to claims on public forum Glassdoor about staff turnover, spending and the controversial sale of Aldermanbury.
The CEO of the Chartered Insurance Institute considers the key issues for the next 12 months and wonders if a huge cyber breach is on the horizon.