EDI has a positive impact on business: CII

Improving representation has the most impact

Cameron Roberts
clock • 1 min read

The Chartered Insurance Institute’s (CII) 2023 Corporate Chartered Equality Diversity and Inclusion (EDI) survey has data which highlights the business case for EDI.

The aspects with the most increased impact on businesses, those that scored ‘to a moderate extent' or ‘to a great extent' on impact on business outcomes, were: creating a more representative workforce (40%), reducing salary discrepancies (43%) and more representative senior leadership team (31%). This research is paired with the CII's Young Foundation EDI report, which found that nearly 75% of professionals had experienced ‘discriminatory or exclusionary' workplace behaviour. The most widely adopted practices were: family and carer friendly policies (87%), leaders role modelling an in...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

Healix launches on-demand medical and security service

Healix launches on-demand medical and security service

Tailored for specific time-sensitive needs

Jaskeet Briah
clock 29 January 2025 • 1 min read
MetLife UK paid 27,000 claims in 2024

MetLife UK paid 27,000 claims in 2024

£27 million paid out

Cameron Roberts
clock 23 January 2025 • 1 min read
Cirencester Friendly partners with Medi2data

Cirencester Friendly partners with Medi2data

Underwriting and claims partnership

Jaskeet Briah
clock 23 January 2025 • 1 min read