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New insurance venture measures corporate culture

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Sunil Vohra, formerly AUB Group’s divisional CEO of risk services, and ex-IAG executive Kate Stone have launched The Workability Index, a corporate culture ratings platform that measures companies’ organisational culture and transparency.

Billed as the first of its kind globally, the index offers an analytics-driven digital tracker to reach assessments against a set of benchmarks such as risk culture, trust, wellbeing and leadership.

“Until now, organisational culture has largely been viewed as an internal metric, typified by highly bespoke – and not always relevant – measures,” Mr Vohra said.

“We have standardised protocols for reporting financial results. It is now time for this same rigour to be applied to the primary non-financial metric – corporate culture.”

He says the index aims to be “the new standard for corporate culture, ensuring that all stakeholders connected to the organisation can quickly and easily understand current performance against the index.”