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“There are not enough people of color in executive leadership in the insurance industry,” James said in an interview.

Insurance, though improving, remains a less diverse industry than other financial services and U.S. employers as a whole.

Three insurance industry leaders who spoke at the Future of Insurance USA conference said during a panel hosted by Reuters Events on Tuesday that they are working to fix what they described as diversity shortcomings in the industry.

S&P Finds U.S. Insurers Made Modest Gains in Diversity Over Decade Measuring the Moment: How Will George Floyd’s Death Matter to Insurance Industry?

Zurich held a town hall in June to allow Black employees to share stories about facing inequality.

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