Chubb's Diversity Objectives
 

Within the guiding framework of our Vision Statement, Chubb has developed four focused Diversity Objectives to integrate strategies and tactics for diversity into every aspect of the organization's activities, from growing our business and increasing shareholder value to maintaining our ability to attract and employ top talent.

1. Ensure a diverse representation of talent throughout the company
While this refers to diverse representation at all levels, increasing the number of women and minorities in the senior ranks is a top priority. This includes participation of these diverse managers on senior teams responsible for developing and implementing company strategies and policies. It also refers to the need to build multicultural bench strength for the future by recruiting and retaining diverse entry-level staff from an increasingly diverse global community. 

2. Drive profit and growth from diverse markets
Changing demographics, shifting markets, increased competition, a global economy and empowered customers mean that a "business-as-usual" approach is doomed to failure. Companies that understand how to tap into this diverse marketplace will have a strategic competitive advantage. Our objective here is twofold: first, to serve existing customers who have diverse needs; and, second, to explore new market opportunities. 

3. Embed diversity in learning opportunities at Chubb
Ongoing education and dialogue around diversity topics are essential to our success. This is why management training includes components that help executives manage successfully in a multicultural world. With a better understanding of diversity, our employees will interact more positively with each other and our customers, allowing Chubb to benefit from varied viewpoints, different perspectives and the richness that comes with a diverse workforce. Equally important, Chubb's technical training takes into account our increasingly diverse audiences and cultures in planning programs at every level, both inside and outside the United States. These programs include webcasts and online learning targeted to employees around the globe. 

4. Implement management practices that enhance diversity
Chubb is committed to making sure that managers are skilled in recruiting, retaining and motivating a diverse workforce and recognize the value diversity of thought brings to the organization. Guidance in career development planning for diverse employees is a critical management skill. This includes performance feedback, skill development and succession planning.

To view or download the brochure, "Living the Diversity Vision," click here.