Brit signs up as a contributing partner to Inclusive Futures | News | Brit
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Brit signs up as a contributing partner to Inclusive Futures

In July 2024 Lloyd’s announced the creation of its Inclusive Futures Coalition consisting of eight London Market firms and three delivery partners. Brit is the programme’s first contributing partner, giving an in-year boost to the already established programme.

Inclusive Futures targets meaningful, lasting change by enabling Black and ethnically diverse individuals to participate and progress from the classroom to the boardroom. The initiatives were designed based on the feedback of over 250 Black and ethnically diverse Lloyd’s market colleagues, alongside experts from the fields of finance, academia and D&I.

The Coalition funds and enables Inclusive Futures’ three flagship initiatives: 

  • Higher education bursaries: Starting in September 2024, the Lloyd’s of London Foundation will provide bursaries for hundreds of Black and ethnically diverse students undertaking undergraduate degrees in disciplines aligned to risk and insurance. Applications will open in early summer via lloyds.com.
  • Early careers talent pool: The Coalition will work with market diversity firm Equity to create a talent pool of top-quality early careers and entry-level talent from Black and ethnically diverse backgrounds. These individuals will have undertaken pre-assessment, Lloyd's market familiarisation and assessment and interview coaching.
  • Board talent pool: Run by specialist executive search and talent advisory firm Green Park, the talent pool for Board-level candidates will map and equip Black and ethnically diverse candidates to be ready for executive and ‘executive minus one’ roles in the market. Founding partners of the Coalition will have priority access to these candidates alongside executive search consultancy services.

 

Wayne Page, Head of Inclusion and Diversity at Brit said “I’m really proud of Brit’s contribution to Inclusive Futures and excited to see the change this programme will bring to the industry over the coming years. Our focus will also be on creating and maintaining an inclusive culture to enable the new talent to thrive and be their authentic selves whilst at work and providing opportunities for education for everybody. We look forward to welcoming new talent to Brit and to the wider Market.”

 

Louise Akibu, HR Director said “I am delighted to be partnering with Lloyd’s on Inclusive Futures to improve the diversity of talent in our pipeline within Lloyd’s. Brit have always been an inclusive employer and being a part of this programme demonstrates our continued commitment to attract, grow and retain diverse talent at all levels.

 

Mark Lomas, Head of Culture at Lloyd’s, said “Harnessing the capabilities of our market and delivery partners is imperative in delivering lasting change. I am delighted to have Brit on board as a Contributing Partner for Inclusive Futures and look forward to the positive impacts the partnership will deliver."