Women in InsureTech Magazine
Empowering the Future: Celebrating Women in InsureTech In the fast-evolving landscape of the insurance industry, Women in InsureTech Magazine emerges as a beacon of empowerment and innovation. Through this publication, we are celebrating the achievements and perspectives of women in the insurance technology sector, providing a platform for thought leaders, entrepreneurs, and professionals.
An Analysis of Challenges
Women Leaders Face in
Insurtech
Despite the encouraging progress being made
in terms of increasing female representation at
leadership levels within the Insurtech industry,
the world of insurance is still a male dominated.
Although women account for 45% of entry-level
roles in the insurance industry, only 18% of
C-suite positions are held by women.
Reason is multitude of challenges women face
while trying to make their mark on this sector.
One such challenge is accessing capital – an
area where male-led businesses often have a
clear advantage due to traditional investors’
tendency to back startups led by men. This
means that female entrepreneurs may struggle
to get funding for their projects, or they may be
forced into taking on less favorable terms than
those available to male-run organizations.
Another key challenge facing women leaders is
gender pay disparity – something which
remains pervasive throughout many industries
despite ongoing efforts towards achieving
greater equality across all sectors. Women
continue to earn significantly less than men for
similar roles and responsibilities, with some
reports suggesting the average woman earns
only 80 cents for every dollar earned by her
male counterpart in tech roles.
Finally, networking presents yet another
obstacle for females looking to succeed in this
field as well. Despite initiatives such as women
focusses conferences and groups helping more
women to form connections with each other
and build relationships with potential
mentors/investors, there remains a lack of
female role models at decision making positions
within larger corporations– meaning it can be
harder for younger generations of females
entering this space today find support or advice
from experienced professionals who understand
what they’re going through first hand.
Altaworld’s Women in InsureTech
10
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56