Over 40 school pupils from across the UK will get a close-up glimpse of the workings of the insurance industry next week, courtesy of broker Willis Towers Watson (WTW) and broker trade body LIIBA.
The 40-plus pupils aged 14–17-years-old will take part in a range of online coaching sessions run by engineers, research scientists, actuaries, technology and other experienced experts from across the industry. The pupils have been invited by STEM Learning, a national entity dedicated to increasing pupils’ awareness of opportunities in science, technology, engineering and maths in partnership with Government, learned bodies, charitable trusts and employers.
During the week, pupils will learn about the role of insurance brokers, risk management, how boardrooms work as well as how science, technology, engineering and maths play a part in the insurance market by utilising a cyber risk example.
Christopher Croft, CEO of LIIBA, said: “LIIBA’s keen to help its member firms increase diversity in the London market and create a more inclusive environment. By offering this week-long programme, which is open to any pupil who wants to take part, we’re highlighting the opportunities in the insurance market and also promoting STEM learning.”
Heather Connery, WTW’s corporate risk and broking GB chief of staff, said: “To thrive in today’s rapidly changing world, organisations must adopt a healthy company culture, where inclusion and diversity is steeped in the talent experience, and employees bring their best selves to work. In order to build the diverse workforce we need, at WTW and the wider industry, we are working on a number of areas to reach and support a diverse talent pool. I am thrilled to be working with LIIBA on this initiative and look forward to welcoming future talent into the London Market.”
LIIBA has recruited volunteers from member firms to act as coaches throughout the week, who are accredited STEM Ambassadors.
For the first of what will become an annual initiative covering different insurance related topics, this week-long event is being organised by LIIBA in partnership with WTW, the broker having previously organised its own successful STEM event in 2020 based around a catastrophic flooding.
The students attending the event will receive follow-up support and it is hoped to invite the pupils to a real-life tour of the London market in the near future.
LIIBA STEM Insights Week commences Monday 25 October.