Insurance sector 'woeful' on diversity, says regulator

Ed Sibley told Insurance Ireland’s annual lunch that, unlike many other sectors, insurance had 'gone backwards' in 2018

Central Bank deputy governor Ed Sibley. Pic: Central Bank of Ireland

The deputy governor of the Central Bank has described thelack of gender diversity at the top levels of the Irish insurance sector as “woeful”.

Ed Sibley told Insurance Ireland’s annual lunch that, unlike many other sectors, insurance had “gone backwards” in 2018, in terms of the percentage of female applicants for the most senior roles in insurance firms.

This figure fell back to 22 per cent last year, while the percentage in the ...