‘Motherhood penalty’ hits women in insurance sector
ABI research shows there are 60% fewer women at board level and that the biggest single reason for seniority gaps is motherhood.
Research by the Association of British Insurers (ABI) found motherhood is a key driver for the 60% gap between men and women at board level.
The research, commissioned by the ABI and conducted by Public First, took a comprehensive look at the barriers preventing women from getting top jobs in the insurance sector.
Key finding from the paper, entitled Tackling the gender seniority gap: what works for the insurance and long-term savings industry, included:
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