The Blog Spot: The insurance gender pay gap
Siân Barton asks: Are women working in insurance really worth 24% less than men?
The Chartered Insurance Institute (CII) has analysed the results of the government’s compulsory pay gap reporting.
What a surprise – it found women are paid, on average, 24% less than men.
A pay chasm of 24% in an industry that is trying to overturn its stale, pale and male reputation (sorry, a cliché, but if the cap fits…) is unacceptable.
Value
That is one percent off a quarter. Do women do a quarter less work than men? OK, I am being a bit facetious and obviously there are many factors to
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on People
Aviva continues regional push with five underwriting hires
Aviva has revealed five underwriting hires across the South West and Wales region as it continues its regional push.
People Moves: 2 – 10 January 2025
Follow the latest insurance personnel moves.
Ecclesiastical recruits Medlicott as UK casualty director
Ecclesiastical Insurance has appointed James Medlicott as UK casualty director, joining in March from HDI Global where he was director for liability underwriting.
Lloyd’s CEO Neal to leave for new role at Aon
Lloyd’s has announced that CEO John Neal will be leaving in 2025 to join Aon as its global CEO of reinsurance and global chairman of climate solutions.
Ex-Axa COO Vasudeva returns to Hiscox
Hiscox has named Shali Vasudeva as group chief operations and technology officer, returning to the insurer after leaving for Axa in 2019.
Young broker looks to grow skills on Aviva’s Rising Stars programme
Aviva Rising Stars participant Poppy Keys, commercial broker executive at ABA Insurance Commercial, confirms she is already seeing changes to her role thanks to the programme.
MGA appoints new MD
MGA Alps has appointed Michelle O’Reilly as managing director, replacing Ian Micklewright.
Review of the Year 2024: Woodgate and Clark’s Simon Jones
Simon Jones, client services director at Woodgate & Clark, explains why digital transformation is no longer a differentiator, circularity in property repairs is key to sustainable claims handling and a lack of air travel means Race Across the World is the perfect reality TV show for him.