I am pleased to report progress in our third Canopius Managing Agents Gender Pay Gap Report.
Throughout 2019, we made changes that resulted in a further drop in our mean salary gap and an increase in female representation at the highest levels of Canopius. We also improved our family-friendly policies through our approach to maternity, paternity, and shared parental leave, and offered encouragement to parents to return to the workplace.
We are confident that we pay our staff equally for equal work, but we are aware that within our industry women are generally under-represented in the most senior and highly compensated roles. That is why we continue to make efforts to help women take on more challenges and provide learning opportunities to support deserved progression into more senior roles.
This report shows our latest data in comparison to our 2018 report to demonstrate how we continue to reduce the gender pay gap.
Michael Watson, Chairman
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