Supporting D&I

Women in Finance Charter

BIBA became a signatory of the Women in Finance Charter in 2018.  This Government- initiative, led by HM Treasury, is designed to build a more gender balanced and fair financial services industry.  HM Treasury and signatory firms have committed to work together to recognise diversity in the sector, increase the progression of women into senior roles and requires public reporting by those organisations involved.

BIBA as a signatory to the Charter has pledged to promote gender diversity by:

• having one member of our senior executive team who is responsible and accountable for gender diversity and inclusion;
• setting internal targets for gender diversity in our senior management;
• publishing progress annually against these targets in reports on our website;
• having an intention to ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity.

Read more about BIBA’s pledge here and HM Treasury’s guidance on the Charter here.

Read the 2020 Signatories Survey here.

BIBA’s Annual Update Submission 2022 can be read here.

Inclusive Behaviours Pledge

The Inclusive Behaviours Pledge is an industry-wide initiative designed to change unevolved behaviours and create a more inclusive work environment across the insurance sector. BIBA’s CEO, Steve White, signed this pledge in 2018, and at the time said: “Insurance broking is much richer for having a diverse range of people employed in it. The Pledge addresses discrimination and signatories agree to promote behaviours that encourage inclusivity and eliminate discrimination.  Our commitment to the Pledge reflects our Manifesto commitment to support diversity of all kinds and to promote equal opportunities.”

Read the Pledge. 

Inclusion@Lloyd’s

BIBA is an official supporter of the Inclusion@Lloyd’s initiative to promote diversity and inclusion in the Lloyd’s & London market.  The mission of Inclusion@Lloyd’s is to help build more inclusive workplace cultures across insurance. The initiative measures regularly to know how signatories are doing against that mission statement and provides practical support in the form of guides and other resources for people at different stages of their journey.

Insuring Women’s Futures

BIBA has signed up to Insuring Women’s Futures which is a CII-established programme aimed at promoting and enhancing the insurance and financial planning profession’s role in relation to women and risk.  BIBA staff are ambassadors of the programme and actively involved in the workstreams currently developing a future blueprint of activity for the programme. Find out more here.

THE MOMENTS THAT MATTER.

Insurance Supper Club

BIBA is an associate member of the Insurance Supper Club (ISC) and is working with the organisation to help take it into the regions of the UK.  The ISC is made up of more than 500 international senior female executives and non-executives in insurance, and other related financial services, and provides a platform to meet, share views and debate pressing business issues globally, including how to get a more rapid culture change within the industry and in doing so promote the inclusion of women at all levels.  More information can be found here.

HeForShe

The HeForShe solidarity movement for gender equality was created by UN Women, the United Nations entity for gender equality and the empowerment of women.  HeForShe invites people the world over to stand together as equal partners to create a shared vision of a gender equal world and implement specific, locally relevant solutions for the good of all.

Supporting HeForShe was a BIBA Manifesto Commitment