{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/62822c55f7114f0012f2582a/66d71be4e6ce13e59fbef991?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Maximising gender balance in Insurtech, A FinPro team discussion","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/62822c55f7114f0012f2582a/1725373403774-2f2c35ed-92e8-42fc-b367-113a9c5ba7cc.jpeg?height=200","description":"<p>In this week’s unusual The Leadership in Insurance Podcast 🎧we have an all FinPro line-up - Rebekah Bostan, Director of Operations and Hattie Armstrong, Lead Consultant where we discuss the gender imbalance in the Insurtech community and what we can all do to rebalance.</p><p><br></p><p>💡We all know the stats (<strong>🤔</strong>see below in case you’ve been living under a rock) female founding team outperform, yet women are still underrepresented in leadership roles. The We Are Insurtech Women Community was borne out of a frustration to readdress the balance.</p><ul><li>Women only make up 18% of insurance C-Suite (according to McKinsey) but yet account for half of the insurance workforce….. and this is even lower for Insurtech.</li><li>McKinsey has also shown a direct correlation between gender diversity and increased profitability<strong>💸</strong>— companies in the top quartile for gender diversity on their executive teams are 21% more likely to outperform.</li><li>BCG found that companies founded or co-founded by women perform better financially, generating 10% more revenue over a five-year period than male-founded businesses.&nbsp;</li><li>They also found that they generate 78 cents for every dollar of funding, compared to 31 cents generated by male-founded startups.&nbsp;</li></ul><p><br></p><p>Creating more gender balance should be a business priority but also a societal focus – <strong>⬇️</strong>minimise gender biases in funding allocation&nbsp;</p><p><strong>⛔</strong>remove barriers to women’s entrepreneurial journeys caused by continued gendered parenting and caring responsibilities&nbsp;</p><p><strong>🤝</strong>create inclusive networking opportunities for women to build networks that meet their needs and requirements… whilst avoiding ‘fixing women’ events</p><p><br></p><p><strong>📣</strong>Listen all the way through to hear my easy wins for hiring and retaining diverse talent and creating a more balanced workforce.</p><p><br></p><p>Give this one a listen via the link in the comments below 👇 👇 👇</p><p><br></p><p>Curious about how to build and grow virtual and geographically diverse teams as a start-up? Curious about how to manage dispersed teams effectively? <strong>We are too</strong>. <strong>Join our next virtual event:</strong> Thursday 12th September 2024 (3pm BST) - https://us06web.zoom.us/webinar/register/WN_IKVM69wxSlS_7bhgC20UuA</p>","author_name":"Alex Bond"}