InsurTech Magazine December 2023 | Page 21

“ WE ’ VE HAD 100 NATURAL DISASTERS REPORTED THROUGH [ THE FIRST ] NINE MONTHS OF THIS YEAR ; THAT JUST HASN ’ T HAPPENED IN THE PAST ”

Zaffino himself is committed to fulfilling the pledge on behalf of AIG by reducing unconscious bias through training and education ; and making AIG a place where colleagues can have complex conversations about diversity , equity and inclusion . Last year , 52 % of AIG ’ s new hires were women and 40 % were ethnically diverse , its reporting indicates .
This commitment to diversity , equity and fairness is reflected in some of the highprofile partnerships that AIG has undertaken in recent years . It was a shirt sponsor for the New Zealand rugby union team during a period of dominance that the All Blacks enjoyed over the game ; it previously sponsored Manchester United Football Club ; and it has recently extended its sponsorship of golf ’ s AIG Women ’ s Open through 2030 .
Speaking on the Golf Channel ’ s Morning Drive programme when the championship was first renamed for its new sponsor , Zaffino said he was “ positioning AIG as a thought leader on issues at the global stage – whether that ’ s women ’ s professional golf and something as prestigious as the Women ’ s Open , but also women in business and women in society ”.
He added that supporting gender equity in business involved looking at numerous different topics – including striving for equal pay , implementing strong support systems , and acknowledging that diverse and inclusive teams “ produce better results ”.
AIG ‘ has to be an ally ’ on gender parity “ We have to be an ally with our employees and all of our stakeholders throughout the year on a global basis ,” Zaffino continued .
It is , perhaps , a mark of his commitment to diversity and inclusion that he speaks so openly about AIG ’ s ambitions on the subject . Zaffino himself is relatively cautious and reserved ; he doesn ’ t undertake a myriad of media appearances , so when he speaks , you know that it will be on a topic that he , and his colleagues , think sincerely about .
Away from AIG , he is a member of the boards of The Michael J . Fox Foundation for Parkinson ’ s Research and the New York Police and Fire Widows ’ and Children ’ s Benefit Fund . Zaffino holds a Bachelor ’ s in Economics from Boston College and an MBA in Finance from NYU Stern School of Business . insurtechdigital . com 21