NEW YORK–(BUSINESS WIRE)–New York Life, America’s largest mutual life insurer, reports how its approach to Diversity, Equity and Inclusion (DE&I) underscores its commitment to employees, agents, policy owners, and communities in its 2021 DE&I Report.
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“As an organization that thinks long-term and elects to prepare for whatever the future may hold rather than try to predict it – we rely on our collective learnings and efforts as a whole to enable us to continue to proactively tackle the challenges of inequity and social justice. This is why in 2020, when long-standing racial injustices rose to the surface across our nation and COVID-19 disproportionately affected multicultural communities, we took immediate action but also knew we had to go beyond the short term,” said Ted Mathas, chairman and chief executive officer.
New York Life’s DE&I work is rooted in the company’s identity as a people-focused organization and furthers its mission to best serve diverse customers and communities. Key initiatives in 2020-21, building on the company’s ongoing commitment to social justice and racial equity, included:
- Forming a Social Justice Steering Committ
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