Latin American flags during the 43rd Pride Parade on Fifth Avenue in Manhattan on June 30, 2013, in New York City. (Photo: Shutterstock)
The projected growth of the overall Hispanic demographic in the U.S. is expected to change the very landscape of the workforce and alter the economy within the next few decades, says a research report from the Society for Human Resource Management and the Congressional Hispanic Caucus Institute.
As a result, U.S. businesses across all industries are altering to meet society's changing demographics — and insurance is no different. Today, there are more women than men in the insurance workforce, with Latinas comprising more than 25% of all female insurance professionals. But when looking at the top level of organizations, Latinas only represent 4% of executive positions across all sectors, says data from the Hispanic Association on Corporate Responsibility.
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Heather A. Turner
Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].
