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Insurance industry falls short in addressing gender gaps, survey shows

The Ernst & Young survey sought to understand how the financial industry is addressing the effects of diversity and the advancement of women.

By Trudy Knockless | Updated on June 09, 2016
The insurance industry has a lot more to do in addressing gender gaps. (Photo: iStock)

As technology, customer, shareholder and regulatory expectations evolve and challenge the relevance of traditional banks and insurers in people’s lives, it seems financial services organizations are yet to recognize the benefits of diverse leadership.

Although research has shown that diversity, and women in leadership roles, have a positive impact on a company’s ability to innovate, navigate disruption and improve its bottom line, research shows enough is not being done to bring this change to the most influential levels. 

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