Brit partners with ACIN to tackle 'diversity imbalance' in London market

Specialty re/insurer Brit has launched a new partnership with the African Caribbean Insurance Network (ACIN) to improve the ethnic representation across the London insurance market.

Brit chief executive Matthew Wilson believes that "redressing the diversity imbalance is one of the most important issues facing the insurance sector".

The ACIN was formed in 2018 to boost black and minority ethnic representation within the insurance industry, enhancing cultural competence throughout the London market and making the insurance sector a more attractive destination for young professionals from underrepresented ethnic minority backgrounds.

"Since inception, the African Caribbean Insurance Network has been undertaking crucial work at both a grassroots and industry level to improve representation across our insurance industry," said Wilson. “Brit is committed to improving ethnic diversity across the insurance sector, making it an attractive destination for people from BAME backgrounds, we’re therefore delighted to be joining forces with ACIN to co-operate on this mission.”

The new partnership will see Brit work closely with ACIN to attract new graduate talent, promoting the insurance profession amongst students from black and minority ethnic (BAME) backgrounds.

The partnership will also be aimed at supporting and empowering BAME community members already working within the insurance industry, providing a range of tailored networking events and opportunities.

Furthermore, Brit and ACIN will collaborate on educational workshops and events for Brit’s workforce and the wider insurance industry, highlighting the importance of ethnic diversity and inclusion across the market.

Brit has also signed up to the Business in the Community (BITC) Race at Work Charter as part of its commitment to improving the outcomes for BAME employees in the UK. The charter’s five principles are aimed at ensuring workplaces are truly inclusive and diverse spaces where employees feel supported in all aspects of their career, regardless of their background.

Junior Garba, co-founder of the ACIN, said: “We are delighted to launch our new partnership with Brit. The partnership will build upon some of the impactful work already collaborated on, and focus on key components to boost ethnic diversity within the workplace and the wider market including education, recruitment and talent retention.

"The call to build a more ethnically diverse market has never been so strong and the ACIN is pleased to be working with an organisation who is committed to seeing this happen.”