Introduction

The insurance industry has traditionally been male-dominated, but in recent years, there has been a significant shift towards inclusivity and diversity. Women in the insurance sector are breaking barriers, sharing their experiences, and empowering each other to create a more inclusive industry. The Women in Insurance Summit, held recently in New York, celebrated the achievements of women in the industry and highlighted the importance of networking, vulnerability, and future talent. This article delves into the key insights and takeaways from the event, showcasing the experiences and perspectives of inspiring women in the insurance sector.

The Power of Networking and Empowerment

Networking plays a crucial role in the professional growth and development of individuals in any industry, and the insurance sector is no exception. The Women in Insurance Summit provided a platform for women to connect, share experiences, and learn from each other. Kelly Palmese, manager of claims at At-Bay, attending the event for the first time, emphasized the significance of networking and the incredible support system that emerges from such events. She highlighted how the energy in the room encouraged her to be vulnerable and open when sharing her experiences. Palmese’s key takeaway from the summit was the power of coming together and supporting one another, regardless of different paths and roles within the industry.

Laura Hoensch, deputy general counsel at One80 Intermediaries, also attending the summit for the first time, expressed her excitement about finally being able to connect with peers in the insurance industry. She recognized the opportunity-rich nature of the insurance field and found the discussions at the event to be enriching. Hoensch reflected on the importance of refreshing one’s knowledge in a specific area and learning new things, even when experienced in a particular topic. The keynote speech by Wendy Booker, an adventurer, author, and MS advocate, served as a reminder that goals can be achieved through different paths and that doing what one enjoys can alleviate fears and stresses.

Celebrating Vulnerability and Sharing Experiences

Ellen Greiper, a partner at Wilson Elser, emphasized the significance of events like the Women in Insurance Summit in providing a platform for women to share their experiences. Greiper delivered a powerful keynote address at a previous Women in Insurance event, where she moved away from her prepared speech to discuss the challenges faced by women in the industry. Greiper’s passion for diversity and inclusion led her to call out poor behaviors and company cultures when she encountered them. She believes that sharing experiences enables women to understand that they face similar problems and burdens, empowering them to support and uplift each other. Greiper acknowledges the role her community played in helping her break through the glass ceiling, and she is committed to paying it forward by supporting her associates and clients.

Angela Schaefer, vice president, and chief human resources officer at Safety National, emphasized the importance of touchpoints like the Women in Insurance Summit in providing guidance and connection for women in the industry. She observed that women are looking for additional guidance and opportunities to excel in their careers. Schaefer found inspiration in witnessing the engagement and enthusiasm of attendees, particularly those new to their careers, who were eager to learn and improve their skills.

The Importance of Future Talent and Skills Development

The Women in Insurance Summit highlighted the significance of future talent and skills development in the insurance industry. Recognizing the opportunity-rich nature of the insurance field, Laura Hoensch expressed her excitement about meeting people in the industry and discussing various topics related to skills development. The summit served as a reminder that there are always opportunities to learn, regardless of one’s level of experience or interest in a particular topic.

Ellen Greiper, who has been involved in the Women in Insurance events for some time, emphasized the need to break the glass ceiling and support the career growth of women. Greiper believes that events like the summit are critical in teaching women how to succeed, work within challenging environments, and overcome obstacles. She is proud to see her associates moving up to partner positions and witnessing their dedication to caring for clients.

Conclusion

The Women in Insurance Summit in New York showcased the power of vulnerability, networking, and future talent in the insurance industry. Women from various roles and backgrounds came together to share their experiences, support each other, and break through barriers. The event emphasized the importance of networking, empowerment, and skills development in fostering a more inclusive and diverse industry. As women continue to celebrate their achievements and support one another, the insurance industry is set to thrive with a wealth of talent and expertise.