Bringing DEI principles to tech leads to exceptional customer experience - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Life Insurance News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Insurtech
Life Insurance News RSS Get our newsletter
Order Prints
October 20, 2023 Life Insurance News
Share
Share
Tweet
Email

Bringing DEI principles to tech leads to exceptional customer experience

By Grace Apea

When people want to increase diversity, equity, and inclusion within their organizations they tend to focus on their leadership, management and broader workforce, or their hiring, promotion and compensation practices. But looking at DEI only through those lenses can narrow the scope of DEI opportunity, holding companies back from pursuing other ways they can increase organizational equity.

DEI
Grace Apea Ata

Practicing good DEI can extend beyond internal organizational practices to the third parties and suppliers that companies engage with. For life insurance organizations, one great resource for DEI support can be found in the technology providers you partner with to digitalize your operations or build enterprise solutions.

Life insurers looking to improve their DEI practices should consider partnering with tech providers that implement a DEI mindset when developing enterprise solutions and integrating them into organizations. In doing so, you ensure that your enterprise technology is accessible and usable for all end users. Here are three key things to look for in a DEI-focused technology partner.

  1. They design with all end users in mind

No two people see or use technology in the same way. Take an email application, for example. A company might have the same email service provider across its entire organization, but each individual employee has a different way of leveraging the tools and features of that application to organize their emails in their preferred way. Most email applications are built with every user in mind: The core functionality is individually customizable to match each person’s needs.

Something similar is achieved by a technology partner who creates enterprise solutions with diversity and inclusion in mind. They understand that people may use or move through an application differently, and their solutions are designed to reflect and allow for that.

  1. Diversity is also integrated into their process

A diverse technology partner will approach product testing and development in an innovative and feedback-oriented way. When they build enterprise solutions, they actively seek out comments and critiques from a variety of stakeholder groups and demographics. This helps to ensure that everybody can use the end product and that the customer experience is as flawless as possible.

  1. Solutions are streamlined but also customizable.

Because of costs, many companies may look for off-the-shelf technology solutions. While this kind of solution can be cost-effective, it may not always be the right fit for your organization. Just as no two people use an application in the same way, no two life insurance companies will have the same enterprise needs.

As a result of their inclusive approach to meeting needs, DEI-centered technology companies will offer custom-fit solutions, meaning that while some of the core functionalities will be consistent across different companies, other features will be customizable. Having that middle ground between a custom-built solution and a streamlined one means that organizations can reap some of the benefits of tailor-made products and access a solution that suits their needs, all without having to break the bank.

Why does DEI in technology matter?

Working with a DEI-focused technology partner isn’t just about expanding your commitment to equity and inclusion beyond your internal operations. It’s also about working with a company that can help you create accessible and functional applications and tools that will enable people to excel at their job. If a technology provider doesn’t build application with a DEI mindset, they could be unintentionally leaving out segments of the population, making software inaccessible or difficult for some end users to implement, or potentially even creating an unusable product.

Take the example of facial recognition software, which companies have considered using in decisions like hiring and lending. A researcher from the Massachusetts Institute of Technology  found that three separate facial recognition technologies were more inaccurate when it came to classifying the gender of people of color as opposed classifying the gender of people who were more light-skinned. Although the creators of those technologies had good intentions when creating their products, they likely didn’t realize that they’d built unusable facial recognition software until after the study was published. This case emphasizes the need to have DEI integrated into technology solutions to ensure that they will be functional and usable for all end users.

As life insurance companies work to bring their operations into the digital age and make their organizations more inclusive, they are well-advised to consider just how well their technology solutions will work for a wide variety of end users. A DEI-focused technology partner can help to identify specific needs, pinpoint potential stumbling blocks, and provide valuable solutions that will maximize the value of your operational investment and ensure accessibility for all.

 

Grace Apea Ata is assistant vice president of product development with Equisoft. Contact her at [email protected].

© Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. No part of this article may be reprinted without the expressed written consent from InsuranceNewsNet.com.

Grace Apea

Older

Employers offer financial well-being benefits, but are workers using them?

Newer

Plaintiff drops out of lawsuit accusing Cigna of improperly rejecting claims

Advisor News

  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
  • Main Street families need trusted financial guidance to navigate the new Trump Accounts
  • Are the holidays a good time to have a long-term care conversation?
  • Gen X unsure whether they can catch up with retirement saving
More Advisor News

Annuity News

  • Product understanding will drive the future of insurance
  • Prudential launches FlexGuard 2.0 RILA
  • Lincoln Financial Introduces First Capital Group ETF Strategy for Fixed Indexed Annuities
  • Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
  • Pension buy-in sales up, PRT sales down in mixed Q3, LIMRA reports
More Annuity News

Health/Employee Benefits News

  • AM Best to Host Briefing on Challenges, Opportunities for Health Insurers in Medicare Advantage Segment
  • Stabilize the Medicare Advantage marketplace, Idaho director tells NAIC
  • My prescription costs what?! Pharmacists offer tips that could reduce your out-of-pocket drug costs
  • Stafford woman's premiums set to rise to $2,240 a month
  • Private health insurance costs are going up. A complete guide to your coverage options
Sponsor
More Health/Employee Benefits News

Property and Casualty News

  • PointBridge Partners with Aspen to Launch Admitted Physicians Professional Liability Program
  • Danette Beck of Astrus Insurance Solutions Selected as 2026 Hot 100 Award Winner by Insurance Business America
  • OID and state lawmakers develop plans to address homeowner insurance costs
  • The AI Fraud Onslaught: Synthetic Voice Attacks Cost Insurers and Customers Billions | Insurify
  • Flood insurance costs are rising. Florida keeps paying, other states drop it
More Property and Casualty News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
  • ePIC University: Empowering Advisors to Integrate Estate Planning Into Their Practice With Confidence
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet