As Women’s Month draws to a close, we are reminded now more than ever of the importance and role that women play in leadership. Women are no longer just participants, but protectors, pioneers and powerhouses. They are shaping the insurance industry with compassion and conviction. The end of Women’s month is a moment to reflect on the impact women have on the industry and our commitment to close gender equity gaps in leadership.
It is refreshing to see women taking up space in the previously male-dominated insurance industry. This transformation has proven to be a significant shift as more women have access to leadership roles, creating more conversations around inclusivity and diverse environments where women are able to thrive.
So, what’s the big deal? Well, representation matters. The presence of women has power. Equity in the workplace drives strategic advantage, as it provides many unique perspectives, and provides practical solutions to problems faced which is valuable in the complex landscape that businesses find themselves in. This not only empowers companies but ultimately enriches the insurance industry as a whole.
Great tools are available for women seeking to make their mark in the insurance industry. Mentorship has proven to have a played a role in many successful women in leadership. This is vitally important as it empowers women to ascend to leadership roles. The industry offers many programs that support emerging female professionals, providing support and guidance, especially when it comes to the unique challenges presented to women in the workplace.
Looking ahead, it is crucial that women continue breaking down barriers that hinder advancement in the industry. This can only be achieved with the commitment to inclusive policies that allow flexibility and systems to support the diverse needs of women. The industry must continue to create platforms that empower women, these platforms should encourage networking with leaders that have walked the journey to provide their contribution to advancement of women in the industry. These platforms or mentorship opportunities should be easily accessible to all women.
Finally, women need to be celebrated more. By recognizing and celebrating the contributions women have made to the industry will inspire and attract more women to the industry and inspire the next generation of leaders.
The role of women in the insurance industry has proven to be fundamental, guaranteeing the continued resilience and transformation of the industry. As close Women’s Month, we are reminded that Women must be celebrated more often. Let us continue conversations around inclusivity, celebrate their achievements, and commit to provide environments where women can continue to lead and inspire. After all, “Empowered Women, Empower Women”.
Deidre Henneberry| Lecturer – Risk & Insurance – Milpark School of Financial Services
