Diversity, equity, and inclusion (DE&I) initiatives have increased across the Australian insurance industry – but which companies stand out for their efforts? This year, Insurance Business Australia (IB) determined the extent of DE&I’s impact on the industry and which companies have implemented the best DE&I initiatives.
Sponsored by AXA XL, the latest IB 5-Star Diversity, Equity, and Inclusion awards aim to identify the insurance companies with the most effective DE&I programs.
“As an industry, we have great momentum building awareness of the importance of DE&I. However, there is still work to be done to deliver more consistently across all areas,” said Catherine Carlyon, country manager for Australia at AXA XL.
The IB research team identified this year’s winners by first inviting firms to share the initiatives they have focused on over the past 12 months and then conducting one-on-one interviews with DE&I professionals to gain a keen understanding of the industry standards and find out which companies have met or exceeded these expectations. After receiving nominations, the team reached out to the nominated companies’ employees to gauge the effectiveness of the programs. Those that scored four or higher on a scale of one-five were recognised for having 5-star DE&I programs.
Among the winners were:
Congratulations to all the winners! Find out more about the DE&I initiatives of Arch Insurance and AON by clicking the links above, or check out the rest of the winners by reading the IB 5-Star Diversity, Equity and Inclusion 2022 report.