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Insurance News: Workforce Welfare and Inclusion | Insurance blog



I’m glad my colleague Tony Steadman joined me to discuss the latest industry headlines in this month’s Insurance News Analysis. Tony himself makes news as one of the founders of the recently launched Black Insurance Industry Collective (BIIC).

In this issue, Tony, Abbey Compton and I talk about the purpose and goals of BIIC. The need to address specific barriers to demographic segments that are traditionally underrepresented in the insurance industry is urgent. I am proud that Accenture is part of this initiative and grateful to Tony for representing us.

We also discuss labor force research conducted by The Hartford. Their research shows a direct connection between mental well-being of employees, support for mental health and the impact on a company’s results. As Tony and I discuss, there are lessons learned and implications for insurance companies that offer group benefits and voluntary benefits and for all insurers who are considering workforce conversion programs.

We are also talking about another problem that affects insurance companies everywhere – cloud conversion. The need to accelerate to the cloud is universal. Tony and I talk about what we see and hear when insurance companies take on the challenge of moving nuclear insurance applications to the cloud.

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Disclaimer: This content is provided for general information purposes only and is not intended to be used in consultation with our professional advisors.
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