Insurance Diversity Task Force
The Insurance Diversity Task Force (IDTF) is appointed by the Insurance Commissioner. The Task Force meets quarterly to consider and make recommendations about diversity in the insurance industry. Specifically, the mission of the Task Force is to:
- Identify and promote insurance companies that are actively engaged in diversity issues;
- Explore the status of diverse representation on insurance company governing boards;
- Identify actions that the Department of Insurance can take to encourage insurance companies to increase procurement with diverse suppliers; and,
- Provide recommendations in regards to current legislation and suggest changes to existing law.
The Commissioner appoints a minimum 12, maximum 15 members. At least:
- 2 Insurance Industry Representatives; including one who currently serves as a practitioner in the field of supplier diversity (i.e., Supplier Diversity Manager or Chief Procurement Officer)
- 3 Minority Business Enterprise (MBE) Advocates/Representatives
- 2 Women Business Enterprise (WBE) Advocates/Representatives
- 1 Disabled Veteran Business Enterprise (DVBE) Advocate/Representative
- 1 Lesbian, Gay, Bisexual, Transgender Business Enterprise (LGBTBE) Advocate/Representative
- 1 Diverse Business Owner Representative
- 1 Supplier Diversity Advocate/Expert
- 1 Governing Board Diversity Advocate/Expert
- Term length: 2 years; unlimited terms;
- Meeting: quarterly, in Sacramento with videoconferencing in Los Angeles and San Francisco;
- Compensation: Members may be reimbursed for travel expenses related to attendance at meetings, but are not otherwise compensated for their services; and,
- FPPC Form 700 Statement of Economic Interest filing required: No.
Must possess background or experience in supplier diversity and/or governing board diversity work. Expertise pertaining specifically to the insurance industry is highly desirable. In order to be considered for the Task Force, those interested are to apply through the Commissioner's Appointments Unit. This process includes an application and background check, as well as interviews if deemed necessary by staff.
The Task Force is led by a Chair and Vice-Chair. Task Force Members nominate and vote for the positions of Chair and Vice Chair annually at the 2nd quarterly meeting.