Supplier & Governing Board Diversity
California is a wonderful place to be for countless reasons, but one of the main reasons is the state's incredible diversity. We, at the Insurance Diversity Initiative believe this powerful diversity should be reflected in the state's insurance industry. To do so, this must occur at the supplier level and the board level.
- Increasing supplier diversity generates economic opportunities for California and diverse business enterprises (DBE), which is one of the U.S. economy's fastest growing segments.
- Increasing governing board diversity (GBD) improves understanding of consumer needs, creates a company culture that reflects the unique diversity of the communities they serve, and may enable positive financial growth for the company.