Three Lessons from the Dive In Festival’s "What to Do to Move the Needle" Session

Published: 19 Nov 2024

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Recently, companies in the insurance sector gathered to promote an event dedicated to the theme of diversity and inclusion. The meeting sparked important discussions about the role of legislation, enforcement mechanisms, and the integration of diversity into companies' strategic planning. Additionally, the event highlighted the need for structural and cultural changes to create a more inclusive environment, both for the present and future generations. Here are three key takeaways: 

1. Legislation and Enforcement: More than Obligations, a Strategic Commitment

One of the central topics discussed was the importance of legislation and enforcement mechanisms in promoting diversity and inclusion. Insurance companies have a responsibility not only to comply with legal standards but to go further by integrating diversity into the core of their business strategies. 

Data monitoring was emphasised as an essential tool to ensure transparency and measure the impact of implemented actions. While penalties for non-compliance serve as a warning, the event underscored that true transformation occurs when diversity and inclusion are seen as competitive advantages and central corporate values. By incorporating these principles into strategic planning, companies can foster a more innovative and resilient corporate culture, rather than merely treating the issue as a legal obligation. 

2. Education and Literacy Actions: Changing the Mindset of Future Generations 

Another key point was the importance of education as the foundation for creating a more inclusive society. Participants stressed how crucial it is to invest in literacy and awareness-raising initiatives, both within companies and across society, to combat unconscious biases. 

True change begins with individuals, and this personal transformation, in turn, impacts organisations. Educating future generations is essential to fostering a more open and inclusive mindset, free of prejudice. Companies in the insurance sector can and should play an active role in this process by promoting internal programs and partnerships with educational institutions to instil diversity awareness from an early age. 

3. Access, Accessibility, and True Inclusion: Asking Clarifies, Presuming Excludes

Accessibility was another widely discussed topic during the event. The inclusion of people with disabilities, for example, still faces challenges such as inadequate access to spaces and tools. However, the real danger lies in presuming a person’s limitations or incapacity without first asking about their needs. 

The event reinforced the importance of asking questions and actively listening to understand how to provide equitable working conditions for everyone. True inclusion means ensuring that all individuals have equal access. Achieving this requires creating environments where people feel comfortable expressing their needs and potential. 

Final Considerations

The diversity event in the insurance sector highlighted that, while significant progress has been made, much work remains to be done to achieve a truly inclusive environment. Legislation and enforcement are essential parts of this process, but deeper change comes through education and the fight against unconscious biases. 

The key to a more inclusive future lies in creating access, listening to people’s needs, and acting with respect and equity.