Women in Finance

Building a fair and balanced industry

Women in finance charter logoWe are a proud signatory of HM Treasury’s Women in Finance Charter. The Charter reflects the government’s aspiration to see gender balance in senior management across the financial services industry. We are committed to working together with the government and the wider financial services sector to help build a more balanced and fair industry.

As part of our commitment to the Charter, we have developed a strategy aimed at promoting gender diversity within our management population and at all levels across our organisation. Take a look at the Women in Finance Charter.

Take a look at our original commitments as Charter signatories within our Gender Action Plan, and see the inroads we have made within our first year in our progress report.

Proportionately, the split between the overall number of males and females working in our business, as at the end of 2017, was 51% female / 49% male. However, we do not see that balance in our management team, where only 28% are female. Our aim is to drive an incremental year-on-year improvement and our five year objective is to achieve a 35% representation of females in our management team by the end of 2021.

To deliver the positive shift necessary to achieve our target, we have created a Gender Action Plan (GAP). Targets were agreed in June 2016 by our Executive Committee and the project is sponsored by our Claims and Operations Director, Adrian Furness. We have embedded a number of initiatives to support the implementation of all aspects of the GAP, centred on the actions required to support the attraction, retention and career progression of females at Covéa Insurance.

Highlights of the current activity supporting our gender balance initiatives can be found in our Gender Action Plan.

Take a look at the journey so far for some of our leading women:

Sue Coffey - Career Profile
Lisa Meigh - Career Profile
Vicki Heslop - Career Profile