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Embracing diversity, equity and inclusion will help insurers understand their customers

    • A boy stands amid the rubble of his house after it collapsed in the earthquake in China's Gansu province in December 2023. Such destruction caused by natural disasters drives home to industry professionals the difference that insurance can make.
    • A boy stands amid the rubble of his house after it collapsed in the earthquake in China's Gansu province in December 2023. Such destruction caused by natural disasters drives home to industry professionals the difference that insurance can make. PHOTO: AFP
    Published Sun, Jan 28, 2024 · 09:00 AM

    THE insurance industry needs to address the issue of underinsurance; embracing diversity, equity and inclusion (DEI) in the organisation is one way to do so.

    Leaders should also prioritise mentoring, as a means of passing on their life experiences to the next generation.

    The insurance industry’s ability to adapt and thrive hinges on its capacity to embrace DEI.

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