Building Diversity And Combating Systemic Racism

Increasing employee diversity can benefit not just the public perception of an insurer and the pride of its workforce—it can also help expand its customer base.

By creating a safe space and sense of belonging for diverse employees to express their views, companies can create innovative products and solutions that can meet the needs of underserved markets.

This was just one of the insights shared at Verisk Velocity 2020 at a session entitled “Combating Racism with Ethical Artificial Intelligence.”

The session, which was led by Verisk’s vice president of inclusion and diversity, featured a compelling discussion on race, insurance, and related challenges posed by artificial intelligence (AI).

The discussion featured an experienced leadership coach, a state insurance regulator, and Verisk’s chief analytics officer.