EMPOWERING THE SECTOR
The “Ubuntu” approach also informs Indwe’s approach to the sector, where it is a key player in championing black empowerment. It puts the principles of B-BBEE (Broad-Based Black Economic Empowerment) into practice through a number of initiatives. First, it aims to advance transformation and equal representation within Indwe (which extends to gender as well as race).
It is also committed to upliftment of the communities in which it operates, through focussed CSR initiatives.
The firm is also an accredited training provider, offering training and skills development programmes for employees. Bursaries and loans are on offer for those staff members desiring to go onto further study. Furthermore, it runs a year-long training programme equipping graduates for future employment within the insurance industry. The scheme is based on empowerment principles and has been developed to address the shortage of black professionals in the sector.
Another part of Indwe’s empowerment initiative is Project
300 – the goal of establishing at least 300 more black insurance brokers over the next few years across the