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TMK exceeds Lloyd’s target of 35% of women in leadership roles

TMK exceeds Lloyd’s target of 35% of women in leadership roles

Wednesday, July 5, 2023

LONDON: Tokio Marine Kiln (TMK) has been named one of 17 Lloyd’s Market firms that has either met or exceeded the market-wide target of 35% of women in leadership positions, a target set to have been achieved by the end of this year.

TMK is committed to addressing the under-representation issues that exist at TMK and more widely across the finance sector. The company is committed to fostering an inclusive culture in which all its employees can thrive and aims to be employer of choice that attracts and retains the best talent, supporting its pipeline of future leaders.

TMK is proud to be a signatory of the Women in Finance Charter and has most recently been credited as ‘raising the bar’ towards achieving gender balance in senior management. As part of its Inclusion & Diversity strategy, TMK has now set itself a new goal to achieve 40% of women in leadership roles by the end of 2025. 

TMK also announced earlier this year that it has reduced its gender pay gap from 33% in 2018 to 22% in 2022. At the same time, TMK also voluntarily shared its ethnicity pay gap data. You can read the combined report here

TMK has a long and proud history in leading gender inclusion in the insurance market. In the 1960s, our founder, Robert Kiln, campaigned for women to be allowed to work in the underwriting room at Lloyd’s. His ideas were both progressive from a commercial perspective as well as socially aware and inspired a focus on inclusion that remains a core value within TMK’s culture and identity today.

Carrie-Anne Adams, Tokio Marine Kiln’s Head of Inclusion & Diversity, said: “The fact that we’ve achieved this target is a great indicator of the progress we have made into developing our talent pipeline, and building a safe, open, inclusive and empowering workplace for everyone.

“While measures like this are important, they must be considered in view of a broader Inclusion & Diversity strategy that focuses on fostering an inclusive culture and building a more diverse workforce that will enable us to create a competitive advantage. There is much more for us to do, yet the progress we are seeing is encouraging.”