This new report is the culmination of an 18-month exploration into racial and ethnic diversity in the Lloyd’s market. Lloyd’s has produced the report with the support of Inclusion@Lloyd’s, the market-wide steering group for diversity and inclusion governance and best practice. It is part research report and part practical blueprint for change. Using personal stories and data collected from over 900 employees’ market-wide, it highlights the experiences of black and minority ethnic colleagues in the market to bring different perspectives into focus. By using a data-driven approach, we are grounding this report in the current reality and setting a benchmark from which to measure future progress.
Alongside personal experiences from within the market, there are case studies of positive action from other knowledge-based industries including advertising and law.
The research was conducted in July 2020 and 923 insurance professionals participated. Of these, 55% are female, 44% are from a Black, Asian or Minority Ethnic background and most have worked in the insurance industry for 8-15 years.
Report can be found here.