Chicago, IL (December 13, 2021)- The American Property Casualty Insurance Association (APCIA) and Dr. Leroy Nunery II, founder and principal of PlusUltré and president of Evolution Advisors, LLC, will present the findings of the association’s inaugural Diversity, Equity, and Inclusion (DEI) Catalog to insurance commissioners during the National Association of Insurance Commissioners (NAIC) Fall National Meeting in San Diego, CA on Tuesday, December 14.
APCIA partnered with Aon’s Ward Group and PlusUltré to develop the anonymized Catalog that examines diversity efforts among the property casualty industry’s workforce, boards, and supply chains. The inaugural Catalog measures industry progress and accountability.
“APCIA and our members recognize the value of diverse teams in best serving our policyholders, and as an industry we’re making the needed investments to expand diversity, equity, and inclusion initiatives,” said Jessica Hanson Hanna, APCIA’s senior vice president of public affairs. “But we know there is still work to be done, and we are happy to see that the NAIC shares our commitment to driving change.”
The Catalog includes feedback from 52 property casualty insurers. Findings reveal that many companies already have established and intentional investments in DEI, evidenced by more than 80 percent of companies acknowledging that they have “Created more inclusive workplace policies” and have “Educated managers on the benefits of DEI in the workplace.” The findings also show areas for continued improvement in implementation of DEI practices, such as identifying and developing minority senior executives.
“It’s exciting to see an association such as APCIA take such a transparent and authentic approach to raising awareness for sound DEI practices,” said Dr. Leroy Nunery II, founder and principal of PlusUltré and recently named president of Evolution Advisors, LLC. “Every industry is trying to figure out how to get this right and there is no one-size-fits-all solution. But APCIA is showing that through intentional effort and collaboration, insurers can lead the way and help move the needle on diversity, equity and inclusion.”
APCIA plans to use the Catalog findings to offer guidance on how member companies can operationalize their goals, and ultimately further embed DEI practices into their corporate cultures.
About Evolution Advisors: Founded in 2021, Evolution Advisors intends to make an impact by providing financial services for minority-owned businesses and by building on the charitable and philanthropic efforts of the Founding Partners. Evolution Advisors is a Joint Venture of like-minded entrepreneurs including global Fintech Acrisure; Thomas Tull, Chairman of Acrisure Technology Group, and Founder, Chairman and CEO of Tulco, LLC; Super Bowl champion quarterback Russell Wilson; Grammy Award-winning singer/songwriter, Ciara; and Nine-time NBA All Star, Russell Westbrook. For more information, please visit: https://evolutionadvisors.com.
About Acrisure: Acrisure specializes in intelligence-driven financial services, providing a broad array of products including insurance, Asset Management, Real Estate Services, and Cyber Services. The Company has grown revenue from $38 million to more than $3 billion in just over eight years and has locations in eight countries. Acrisure is the intelligence-driven financial services distribution platform of the future. Find out more at www.acrisure.com.