The Council of Australian Life Insurers (CALI) has announced the winners of its inaugural grant program to help women reshape life insurance.
Called ReCALIbrate, the program will provide $2,000 grants to five mid-career, female financial risk advisers to attend the Financial Advice Association Australia (FAAA) Congress on Nov. 20-22 in Adelaide.
The recipients of the first CALI ReCALIbrate grant program are:
“CALI is pleased to provide these grants to five deserving and inspirational women. We are confident that the ReCALIbrate recipients will find the FAAA Congress engaging and informative and will leverage their knowledge for the benefit of their clients and team members,” said CALI CEO Christine Cupitt.
Cupitt said the ReCALIbrate program aims to promote more diversity among financial advisers to provide customers with appropriate advice that is relevant to them.
“CALI is committed to supporting a vibrant and sustainable industry and address the decreasing number of financial advisers in Australia,” she said. “Through research conducted by CALI on behalf of our members, it is clear women have unique advice needs and having a financial adviser that understands their circumstances and needs is crucial to effective and impactful advice.”
“Risk specialists have an important role in the life insurance ecosystem, so it is important that we foster the next generation of talent,” said Nadine Gooderick, board member of CALI and managing director of Clearview Wealth Limited. This will ensure that consumers understand their life insurance needs, secure adequate cover, and, at claim time, get benefits paid. Women have historically been under-represented in our industry and at industry conferences more broadly, which are important events for education, network, and inspiration.”
Last month, CALI launched the ReCALIbrate grant program to foster the next generation of female financial risk advisers in Australia. Each recipient will be paired with a senior female life insurance industry leader and two in-person or virtual meetings for mentorship, learning, support, and advice.
