The Association of British Insurers has signed up to the Women in Finance Charter as part of its commitment to promote diversity in the industry.

The Women in Finance Charter is a joint effort between HM Treasury and signatories to work together to encourage gender balance across financial services.

Huw Evans, ABI director general, said: “Improving our sector’s diversity and inclusion is vital to our future success, not a ‘nice to have’. To meet the fast-changing and increasingly complex needs of our customers, we need to have the most effective possible workforce at all levels to deliver.

“The ABI has an important role to play in both helping develop the next generation of industry leaders and in demonstrating best practice ourselves as an employer. Our signing the Women in Finance Charter is a further demonstration of that commitment.”