Tag Archives: ELA

Women in Insurance

Elite Ladies of The AllianceThe Alliance believes that it can be the company that helps the most women earn more than $250,000 annually, and a recent partnership between the National Association of Insurance and Financial Advisors (NAIFA) and Women in Insurance & Financial Services (WIFS) is happening when some research finds women’s climb within advisories has plateaued, according to a study completed by InvestmentNews.

The article claims that women are fairly represented within the lower ranks of advisor firms, but that number dwindles when it comes to being a lead advisor and practicing partner, according to research from InvestmentNews.

The good news for female members of The Alliance is that anybody can advance up the ranks based on results. You are able to determine how high you climb with our company, and you are able to set your schedule to fit your day-to-day activities.

We believe you should be promoted based on what you do and not who you know. Your advancement with The Alliance will be based on your efforts and that is the way it should be.

Now is a great time for business-minded women to join our company. Many insurance veterans are retiring and the number of those entering the field is not keeping pace with those making their exit. There is a major need for new talent and The Alliance is actively seeking people who want to build a business and start a career that will be rewarding in many different ways.

The Alliance is committed to supporting the advancement of all people – including women looking for an opportunity to be successful. The NAIFA-WIFS partnership is another reminder that there is a void that needs to be filled in our industry. This is a great time to identify and hire more agents to help protect clients in the United States.

Industry seeing what Alliance has known

Elite Ladies of The AllianceMembers of The Alliance know that women are more than welcome in our company, and we celebrate their successes via the Elite Ladies of The Alliance for those who produce more than $100,000 annually. In fact, many of our top producers are female agents who are consistently recognized on stage at our national events because they are among our top leaders.

We have always believed in offering a level playing field for any person who wants to be successful. Now, many women in the industry believe this trend is finally happening across the board.

A recent study released from a poll by the Insurance Industry Charitable Foundation found that almost 75 percent of female agents attending the IICF Women in Insurance Global Conference in New York in June think the industry is on the road to reaching gender equality. The poll included a sample of more than 300 women at the conference.

The survey found that 72 percent of women occupying leadership in insurance roles believe the field is “making progress” in regards to gender equality. The study also had 68 percent of the women polled, stating that their organization is working to promote gender diversity.

Other findings from the poll included the following:

When asked about the greatest challenge women face in ascending to leadership, 39 percent of responses pointed to limited opportunities for upward mobility within their company.

Another 30 percent of respondents said the greatest challenge is women not promoting themselves effectively.

37 percent believe that the industry’s biggest improvement toward gender diversity is seen through shifts in corporate culture.

The benefit for networking opportunities was seen as the most important step toward gender equality by 24 percent of the women polled, up from 9 percent in 2014.

The best news for women in The Alliance is that there are no limits with our company. The bar is as high as you want to set it. We’re proud that we’ve been ahead of the industry in terms of advancement opportunities for all people, and we are glad to see the trend is catching on industry wide.

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