Investing in gender can pay dividends for an agency, and the study found companies in the top quartile for gender diversity on their executive teams were 21% more likely to have above-average profitability than companies who ranked in the lowest quartile. (Credit: ra2studio/Adobe Stock) Investing in gender diversity can pay dividends for an agency, and the study found companies in the top quartile for gender diversity on their executive teams were 21% more likely to have above-average profitability than companies who ranked in the lowest quartile. (Credit: ra2studio/Adobe Stock)

Hiring, recruiting and retaining more women in the independent insurance industry is a priority for many companies in what can be an admittedly male-dominated space. However, a new study from Safeco Insurance and Liberty Mutual Insurance shows that while 60% of employees in these agencies are women, they are underrepresented when it comes to agency leadership.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].