The scheme has also pledged to double its female representation on the executive committee by 2022

Flood Re has today announced that it is the latest company to sign up for the Women in Finance Charter.

The pledge is designed to improve the gender diversity within the senior levels of organisations.

Flood Re employs 32 people, 16 men and 16 women.

It says it is passionate about the diversity and inclusion of the insurance industry, so it has also pledged to double its level of female representation on the executive committee by 2022.

It plans on doing this by anonymising job applications, ensurign shortlists have a balanced representation of men and women, working only with recruiters that have similar goals and actively enquiring about the gender balance of panels within which Flood Re is invited to speak.

Andy Bord, chief executive of Flood Re, said: “I am proud to announce our signing of the Women in Finance Charter.

”The actions we are taking demonstrate Flood Re’s commitment to an inclusive environment where all diversity is celebrated.

“I am passionate about this subject and our pledge has the full backing of the board and the executive committee”.

Flood Re joins over 200 other signatories, including the likes of Biba, who signed up to the pledge in March this year.