Insurance industry study shows leadership positions lack gender diversity

Insurance industry gender diversity

The research indicated that despite the fact that there are many women employed, they are not in these roles. According to the results that have recently been released from a study in the United States, the insurance industry is lacking in gender diversity across all leadership levels, even though there are a high number of women who have positions in the field. The study involved the data of 91 publicly traded companies as well as 9 mutual companies. The study was conducted by the team of primary author Mike Angelina,…

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Insurance jobs to be lost at ING Groep following massive quarterly profit dive

ING insurance businesses

The Dutch financial services company will lay off 2,350 employees after a Q3 slump of 64 percent. The largest Dutch financial services company, ING Groep, has announced that it will be slashing 2,350 employees from its rosters – 1,350 European insurance jobs, and 1,000 commercial banking positions – due to a slump in their profits from the third quarter of 64 percent. The company’s net income plummeted to €609 million, from having been €1.69 billion a year before. The lender, which is based in Amsterdam, released a banking and insurance…

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