How Insurance Companies are Preparing for the Future through Shared Value
By: Nina Jais | Associate Director at FSG | September 11th, 2018
This is an exciting time of innovation and impact for the insurance industry. As we’ve discussed in our research, insurance is the ultimate shared value industry, where social impact is integral to economic success. Reducing accidents, improving health, and helping organizations better prepare for economic risks both improve the profitability of insurers and enable better outcomes for the lives of millions of people.
Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 244 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person.
Financial Services, including banking and insurance
A Partnership that Pays: ESL Credit Union's Innovative Approach to Pipeline Development
The Challenge: ESL Federal Credit Union, headquartered in Rochester, New York, recognizes that its employee base must reflect the demographics of the surrounding community to better serve its customers. However, like many companies, ESL faces challenges hiring and retaining employees from diverse backgrounds at all levels of the organization.
Guided by FSG and a global network of funders, the Shared Value Initiative was created in 2012 to drive the adoption and implementation of shared value strategies by organizations around the world. Learn more about FSG's contribution to shared value here.