sexual-harassment
Blog: Do NDAs stop insurance staff from flagging workplace discrimination?
Claire Dawson, partner at specialist employment law firm BDBF, considers how employers are using non-disclosure agreements – and what insurance employees should do if they have been harassed or discriminated against at work.
Briefing: Lloyd’s culture survey results no beacon
While Lloyd’s Culture Survey 2020 results show a modicum of progress, ethnic minorities’ and women’s experiences continue to drag – even before considering the pandemic impact.
Half of Lloyd’s market workers still do not feel comfortable speaking up
Lloyd’s latest culture survey has found that 50% of employees still do not feel comfortable raising concerns about behaviour in the insurance market, though overall the results demonstrated a level of progress.
Three registered sex offenders banned from working in financial services
The Financial Conduct Authority confirmed it has banned three individuals, including Mark Horsey who was authorised to carry out insurance activities, from working in the financial services industry over non-financial misconduct.
Brokers and MGAs warned to remove staff who are not 'fit and proper' for SMCR rules
The Financial Conduct Authority has cautioned brokers and managing general agents not to assume someone is “fit and proper” for roles under the Senior Managers & Certification Regime, with the expectation being that “some” staff will not meet standards.
Briefing: QBE makes the only decision on cutting ties with CEO but where will Pat Regan surface next?
QBE will have had little choice but to part ways with CEO Pat Regan after an external investigation concluded his conduct had been unsatisfactory. But the proof in the inclusion pudding for the industry will be whether he resurfaces. And if so, where…
FCA sexual misconduct whistleblowing hotline figures for insurance firms revealed
Exclusive: The Financial Conduct Authority has confirmed there were 21 instances of individuals using its whistleblowing hotline to share information on sexual misconduct at insurance firms over six years.
Blog: Sexual harassment in the post-Weinstein era
As American film producer Harvey Weinstein's sexual abuse case again makes headlines, the spotlight on diversity and equality is having an impact on many businesses, regardless of size, nature or geographical location writes Jennifer Boldon, partner in…
Blog: Why the City watchdog is right to censure the London market
The Financial Conduct Authority is well within its rights to give the wholesale market a telling off on culture and modernisation, writes Post news editor Jen Frost.
London market chief disputes ‘disappointing’ FCA findings
The London Market Group has expressed its disappointment with the Financial Conduct Authority’s latest sector views report and requested a meeting with the regulator to discuss its findings.
Q&A: Kennedys' Jennifer Boldon on the rise of #MeToo claims
Jennifer Boldon, partner at Kennedys, recently took to the Lloyd’s Library to turn a spotlight on #MeToo claims. She spoke to Post about why they are picking up steam, how they differ between the UK and the US, and how employers can mitigate the risk of…
MGA Mole: Why does banking look down on insurance?
Post has enlisted a managing general agent industry mole to lift the lid on what the sector is really like. Our anonymous commentator asks why the perception of working in the insurance industry is so bad from the outside.
This week in Post: Back to business
With the holiday break over, this week has seen people across the UK – some somewhat sluggishly – get back to business.
FCA fires warning shot on insurance culture and misconduct
Insurance firms must be proactive in tackling “unhealthy” culture issues and misconduct, the Financial Conduct Authority has warned CEOs.
PRA ups Lloyd’s scrutiny after whistleblower system failure
The Prudential Regulation Authority has rolled out special requirements for Lloyd’s after it emerged that the only anonymous whistleblowing channel for the corporation’s staff did not work for over a year.
Blog: If the market is serious about stamping out harassment it cannot reward bad behaviour
For a market suffering from serious reputation issues when will insurance learn it must start making serious changes?
Analysis: Review of the Year 2019
It feels as if 2019 was an uncomfortable year for the general insurance market as it never quite seemed to grasp control of its own destiny. Wherever you look, carefully laid plans were derailed by the unexpected – and often unwanted – intervention of…
Lloyd’s launches ‘speak up’ campaign with culture under the spotlight
Lloyd’s has launched a campaign to encourage people to speak up over “unacceptable behaviour”, after its culture survey revealed less than half of respondents felt comfortable in raising concerns.
Blog: Your dick is not in my job description – on reflection
A year ago today Post published a blog I wrote called ‘Your dick is not in my job description’, which was about sexism and sexual harassment in the industry based on my own experiences.
Senior women in insurance join equal pay campaign pushing for 'radical and rapid action'
Annette Court, Inga Beale and Tulsi Naidu are among high profile backers of a campaign fighting for equal pay for women.
Lloyd’s unveils further measures to tackle market culture amid ‘sobering’ survey
Lloyd’s has today revealed six additional measures it will take to improve culture at the market, after a survey labelled “sobering” by its chairman Bruce Carnegie-Brown.
Nearly one in ten workers saw sexual harassment at Lloyd’s over the last year
Lloyd’s CEO John Neal said he was “appalled” by Lloyd’s culture survey results, as the results show 8% of workers claim to have witnessed sexual harassment in the market in the last 12 months.
This week: A diamond in the grind
In just over a fortnight I will be leaving the world of insurance, after 42 months in the job and almost twelve hundred bylines under my belt. Here’s what I’ve learned.
Q&A: Zurich’s David Nichols on child abuse inquiry recommendations
The Independent Inquiry into Child Sexual Abuse yesterday released its report on its Accountability and Reparations investigation, in which it lay down a number of recommendations it believes insurers need to follow to fix the system. David Nichols,…