Monday September 28, 2020

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

8th May, 2019
Central Bank deputy governor Ed Sibley. Pic: Central Bank of Ireland

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 banking sector increased to 36 per cent.

He also warned the industry about what he described as the “excessive” level of outsourcing in some insurance...

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