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Industry must work together: Aon chief

Brokers, insurers and loss adjusters – and the bodies that represent them – must work together to portray the benefits of a career in insurance, says Aon Australia CEO Steve Nevett.

“I would love to see the Insurance Council of Australia, National Insurance Brokers Association and the Australian and New Zealand Institute of Insurance and Finance collaborate more,” he told insuranceNEWS.com.au.

“Unfortunately, they all seem to have their own agendas, which sometimes inhibits that collaboration.

“I think because we are segregated into our little groups, the industry as a whole comes off as being unsexy.”

Mr Nevett says insurance still suffers from a lack of diversity among its ranks, with middle-aged Caucasian males still dominating.

“That’s a generational thing and won’t change overnight. But you have to create the environment where people can be the best they can be.

“We can’t sustain ourselves on only using half the population. I would love to see more senior women in the industry.”

Mr Nevett says insurance is often an attractive career choice for former legal or other financial services professionals.

“We tend to pick them up as their second job,” he said.