A.M. Best Company

10/28/2020 | Press release | Distributed by Public on 10/28/2020 06:09

Insurance Careers Movement: Doing More Than Talking About Diversity (AM BestTV)

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OCTOBER 28, 2020 07:55 AM (EDT)

Insurance Careers Movement: Doing More Than Talking About Diversity (AM BestTV)


Lee McDonald
Group Vice President, Publication and News Services
+1 908 439 2200, ext. 5561
[email protected]


OLDWICK - OCTOBER 28, 2020 07:55 AM (EDT)
In this episode of AMBestTV, Marguerite Tortorello, managing director, Insurance Careers Movement, says tapping employee resources groups and mentoring are among the ways insurers are striving to improve diversity. Click on http://www.ambest.com/v.asp?v=tortorello1020 to view the entire program.

Diversity has become a key initiative in many insurance industry workplaces, which has grappled with recruitment for several years. Tortorello discussed how the industry has recognized the need for diversity.

'People are really focusing on what are the actions a whole company can take,' said Tortorello. 'You are seeing large initiatives by companies, and that is exciting to see. So many companies have employee resource groups, and it is a great network to tap in to do something differently.'

Tortorello also highlighted how important mentoring is when it comes to diversity recruiting.

'Companies talk about the lack of mentors, sponsors and access. When you think about who has access to certain meetings, who has access to executives, mentoring is tied in with all of that,' she said.

The Insurance Careers Movement is an industrywide initiative designed to raise awareness of the diverse career options that risk management and insurance offer. AM Best is actively participating in the movement to address the industry's critical talent gap issue.

Recent AMBestTV coverage includes:

  • Low Mortgage Rates Boosting Title Insurance Premiums: Fred Eslami and David Blades, both associate directors, AM Best, discuss how U.S. title insurers are navigating through the COVID-led upheaval in the economy and the steps carriers are taking to innovate and streamline operations: http://www.ambest.com/v.asp?v=ambtitlebladeseslami1020 .

  • AM Best: Homeowners Premiums Driving Growth in Mutuals: Homeowners insurance premiums for mutual property/casualty insurers in 2019 grew considerably, with a substantial increase in policyholder dividends so far in 2020, said Chris Jackson, financial analyst, AM Best: http://www.ambest.com/v.asp?v=ambmutuals1020 .

  • AM Best: Title Insurers' Fate Tied to U.S. Housing Market: AM Best analysts discuss how the U.S. title insurance industry and the housing market have been resilient during the pandemic: http://www.ambest.com/v.asp?v=ambtitleeslamimodica1020 .

  • Pandemic Sparks More Thoughtful Open Enrollment: Employees are expected to take more time to consider their benefit options this year, said Matthew Owenby, chief human resources officer, Aflac: http://www.ambest.com/v.asp?v=owenby1020 .

AM BestTV covers exclusive AM Best and insurance industry information and reports, targeted topics and key developments in the insurance, reinsurance and related sectors daily. Sign up for alerts of episodes at www.ambest.com/multimedia/ambtvsignup.html. View AM BestTV episodes at www.ambest.tv.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.