In celebration of International Women’s Day, we reflect on the ongoing journey towards gender equality, particularly in the surety industry, which has traditionally been male-dominated.
This year’s theme, #AccelerateAction, emphasizes the urgency of overcoming systemic barriers that hinder women’s advancement. To gain insights into the progress made and the challenges that remain, we sat down with Doris Egli – Schaufelberger, a prominent leader in the surety industry, to discuss her experiences and vision for the future.
Looking back over your career, how have you seen the role of women in the surety industry change, and what progress are you most proud of?
Doris: I’ve witnessed a positive shift, with more women entering both direct and reinsurance roles within the surety sector. When I started, I often found myself as the only woman in meetings. While there are now more women present, the leadership of surety departments remains predominantly male. However, I’m proud to see organizations like ICISA actively supporting women’s presence and visibility, which was less common in the past.
What is your vision for the role of women in the surety industry in the next 5 to 10 years? What steps should be taken to realize this vision?
Doris: I envision a future where women are promoted based on their skills and qualifications, rather than their gender. Women’s Surety Network is a fantastic organization that creates a supportive community where women can flourish and excel their careers.
Moreover, associations like ICISA can provide women platforms to showcase their expertise, emphasizing the importance of having female speakers at conferences to ensure a strong presence.
How can we help our industry create more opportunities for women in leadership roles within the industry?
Doris: Collaboration with associations and conference organizers can significantly enhance visibility and skill development. Networking with accomplished women can provide mentorship and encouragement for young talents aspiring to advance in their careers.
Can you share a personal story that exemplifies the challenges you faced as a female leader and how you navigated those challenges?
Doris: Upon being promoted to lead the CSPR team in Zurich, I faced challenges when my superior asked me to handle administrative tasks rather than leverage my leadership role. After I expressed my feelings of discrimination, we had a constructive dialogue that led to greater responsibilities and opportunities for me. This experience taught me the importance of addressing issues head-on and advocating for oneself.
How have male colleagues and leaders supported you in your career, and what role do they play in fostering a more inclusive environment?
Doris: In my early career as a junior underwriter, my engagement and skills were recognized by a superior who advocated for my promotion despite the challenges I faced. This support from male colleagues highlights the importance of allies in fostering an inclusive workplace.
Are there specific initiatives or programs in our industry that you believe have made a positive impact on gender diversity and inclusion?
Doris: Initiatives like “Women’s Surety Network” and ICISA’s focus on having women chair committee meetings are recent efforts that can drive change. Historically, impactful initiatives were lacking, but the current momentum is encouraging.
As we celebrate International Women’s Day, what wisdom would you impart to the next generation of female leaders entering the surety industry?
Doris: Every woman should have equal opportunities and should be paid as her male counterparts. It’s essential to break down barriers and advocate for fairness in our industry.
What does empowerment mean to you, and how have you sought to empower other women in your organization and the industry?
Doris: Empowerment goes hand-in-hand with responsibility. There should be no distinction between genders regarding responsibility and remuneration. However, achieving true empowerment in larger companies can be challenging.
How important is it to celebrate the achievements of women in business, and what does International Women’s Day mean to you personally?
Doris: Women’s Day remains vital, as we continue striving for equality in our industry. Celebrating women’s achievements is crucial, especially in fields where they have historically been underrepresented.
In what ways do you think women contribute uniquely to the surety industry? Can you share an example from your experience?
Doris: I believe women possess superior social skills that foster motivation and team spirit. For instance, during a challenging period at Converium, the hiring of a female leader/CEO reinvigorated and motivated the team, leading us toward success.
On this International Women’s Day, what message or call to action would you like to share with women in the workforce, especially in traditionally male-dominated fields?
Doris: Don’t give up! We have incredibly qualified women in the surety industry. It’s essential to stay visible and engaged. The skills women bring are crucial for the future success of our industry.
As we celebrate International Women’s Day and the progress made in the surety industry, Doris reminds us of the ongoing challenges and the vital steps necessary to #AccelerateAction. Together, we can foster a more inclusive environment that empowers women to thrive in leadership roles.
