Finding the value of networking
Some people may think building a network is a lot of work, not much fun, and doesn’t provide much value for the effort. I could not disagree more! Aside from personal and professional growth, some key advantages of networking are:
- Industry Insights: Being part of a network lets you stay up-to-date on industry trends, news, and developments.
- Increased Confidence: Networking can boost your confidence in various situations, from public speaking to problem-solving and seeking roles of greater responsibility.
- Broader Exposure: Networking lets you connect and learn from professionals outside of your immediate organization but within the industry.
- Knowledge Sharing: You can tap into the expertise, knowledge, and advice of others.
Go to that event you were going to skip. Join that professional organization. Ask your colleague to introduce you to the senior executive you’ve wanted to meet. Get involved with a local nonprofit or offer to mentor the new person on the team. Before you know it, your networks will have grown in size and diversity.
Women supporting women
Networking offers insurance professionals a way to build community with like-minded people and create systems of support, which I believe are incredibly important for women in insurance. Having been a part of this industry for more than 20 years, I am passionate about and committed to mentoring women in our industry. When I was asked to join the Association of Professional Insurance Women (APIW) Board of Directors as the Industry Relations Officer, I couldn’t say no. APIW is one of many networks I have participated in throughout my career, and I take great pride in membership.
There are many opportunities for women to connect with other women in insurance. Nationally, regionally, and locally, women are increasingly making waves in the industry, and companies and organizations like APIW are dedicated to their development.
Diversity in networking
Think about the people who make up your networks today. Do they all have similar backgrounds and life experiences? Do they tend to look the same? One of the greatest attributes of any network is diversity. Diversity in your networking groups can expose you to different perspectives, leading to higher learning and growth. I have consistently grown the most from including and engaging with the people in my networks who are different from me, regardless of gender, race, age, or professional experience. If your networks are not composed of diverse individuals, figure out how to bring in and connect with a broader range of people.
Insurance is an ever-changing industry where strong networks and a culture of confidence are essential to women’s professional growth. The power of networking can provide them with much-needed support, mentorship, and opportunities for collaboration.
To learn more about the Association of Professional Insurance Women, visit https://www.apiw.org/cpages/home.
About the Author
Tracey Vasile is Senior Vice President of Client Engagement at Verisk, leading a team of Client Engagement executives who oversee the relationships with their most strategically important clients. As the Industry Relations Officer for the APIW, she works with organizations throughout the insurance industry ecosystem to provide information and facilitate company and employee engagement.