SNC Spotlight

Insurance can be complex. Turn to our blog for up-to-date, relevant content to help you make the best decisions for your financial institution. With expert knowledge from seasoned industry professionals, we simplify insurance topics so you can get back to business.
All Posts

Why Recognize International Women’s Day?

State National Director of Client Services Francine Gagliano shares her thoughts about the importance of International Women’s Day.

How Will You Intentionally Choose to Challenge Gender Partiality This Year?

*International Women’s Day (IWD) is celebrated each year on March 8th

State National Values Women in Leadership

Despite living in 2021 — a year in which the United States just swore in its first female Vice President and 21 other female leaders serve as heads of state around the world — the World Economic Forum estimates it will take another 99.5 years to achieve true gender parity. Add in a once-in-a-lifetime pandemic, during which women have been one of the groups hardest hit, and it is evident that International Women’s Day (IWD) is just as relevant and necessary today as when it was first celebrated in 1911.

Progress Leading into 2020

According to the McKinsey & Company’s Women in The Workplace 2020 Report, from January 2015 to January 2020 the number of women in senior vice president roles increased from 23% to 28% with a similar increase from 17% to 21% for women in C-level positions. Despite this increase, women still represent only 38% of all managerial level positions, putting companies at a self-inflicted disadvantage. Although evidence shows that a company’s profitability and share performance improve as more women are represented at the top, there is still a gender gap — a broken rung on the corporate ladder.

To further threaten the attainment of gender parity, as of October 2020, over 2 million women had left the U.S. Labor Force completely, often due to overwhelming obligations at home arising out of the COVID-19 pandemic. This exodus of women from the workplace will reduce the number of women in senior-level positions, effectively reversing the progress made over the past five years.

Work From Home Technology and Innovation

How Can We Be the Difference? Choose to Challenge

Why is it so important to recognize and celebrate International Women’s Day? We can easily issue corporate emails, change our social media profiles for the day, or make other gestures of support, but without taking some level of action the 99.5 years needed to achieve gender parity will likely extend even further into the future. Women across all industries and at all levels need support to advance themselves, their careers, and the lives of their families, so they can attain the resources to contribute to the economic growth of their communities.

Whether this support is through mentorship, sponsorship (they are not the same!), or challenging gender biases and stereotypes, every action we take today will help future generations of women achieve their goals without the challenges faced by those before them. To quote the International Women’s Day organization, “Creating more opportunity for women and the next generation is a collective goal, lifting the global economy and forging a more just society.”

International Womens Day Quote

As I contemplated the theme of this year’s IWD, Choose to Challenge, I committed to doing my part to forge a gender-equal world. When I embarked on my career fresh out of college it was clear there were not many seats at the table for women. Instead of being viewed as individuals to be raised up, female colleagues were often instead seen as competition by both their male and female counterparts. While we have evolved tremendously as a society since then, there is still substantial work to be done.

How Will You Intentionally Choose to Challenge Gender Partiality This Year?

In honor of 2021’s International Women’s Day, how will you challenge yourself to help create greater gender parity — to claim your seat at the table and also pull up a chair for your female colleagues? Following are the ways some of State National’s female leaders have elected to challenge themselves this year.

Kate Nanney, Assistant General Counsel and Kelly Brown, Vice President of Compliance:

 “I will celebrate women’s achievements.”

Maria McLendon, Vice President of Marketing:

“I will focus strongly on my personal growth and development as a leader. I will achieve this growth through the active pursuit of leadership education and the discussion of leadership concepts with my peers and colleagues.”

Erin Rulon, Director of Client Services:

“I will forge positive visibility of women.”

My own promise is:

“I am committed to promoting gender equality in my personal and professional networks.”

These examples demonstrate the difference any organization can make when it begins a conversation about gender parity. Whether it is in person or virtually, we all have the potential to start that conversation in our professional and private lives. As has been said many times before, when everything changes, we have the opportunity to change everything.

To learn more about International Women’s Day, or to access resources to take action within your community, visit www.internationalwomensday.com.

Quote From Shirley Chrisholm

Francine Gagliano
Francine Gagliano
State National Director of Client Services Francine Gagliano leads our Client Executive Group in the Central Region to facilitate client satisfaction and retention while also managing our GAP product. Ms. Gagliano currently serves as the 2021 Chair of the State National Women’s Network, which has a mission of creating a community of aspiring female leaders at all levels within the organization who support one another’s pursuit of excellence.

Related Posts

Celebrating Our Partnership With Filene!

Innovative Research From Renowned “Think and Do” Tank Drives Real-World Results for Credit Unions With service as a core value, State National not only puts maximum effort into providing the best portfolio protection anywhere, but we also actively look for ways to help move the industry needle and be a part of a larger mission. This includes actively seeking to expose our clients to opportunities with leading organizations that explore innovative, growth-oriented ideas. What Matters to You Matters to Us The renowned research firm Filene is a credit union and consumer finance think tank headquartered in Madison, Wisconsin. As an Inner Circle member and research sponsor, we provide support for their mission to connect credit unions with insights and innovations to change people’s lives. Their research ventures connect credit unions with the most impactful technology and drive forward-thinking business decisions. Through investing in organizations like Filene, State National further supports the credit union mission and helps our partners benefit from the latest insights into solutions to their industry's unique challenges. This partnership also gives us access to original research to better focus future advancements and technology innovations on collateral protection insurance (CPI) program improvements for our credit union partners. Keep Good Company At the start of 2020, State National joined forces with Filene by sponsoring their Center of Excellence for Emerging Technology, working with their industry experts to explore the future of digital financial services. This year, we are proud to also provide support for Filene’s new CoE, the Center of Excellence for Innovation & Incubation, which helps credit unions explore solutions to assist them in remaining adaptive and nimble as member and community needs continue to shift. Filene’s Centers of Excellence are identified based on the needs shared by hundreds of credit unions and created to empower them with the data they need to make decisions that will best serve their missions now and in the future. Filene's Center of Excellence of Innovation & Incubation — A Milestone Worth Celebrating All of Filene's Centers of Excellence are doing life-changing work to help credit unions — and their members — thrive. As a sponsor of the Center of Excellence for Innovation & Incubation and the Center of Excellence for Emerging Technology, we could not be prouder to support the amazing work Filene is doing to help credit unions succeed and to advance the credit union mission. We look forward to seeing these dedicated scholars and credit union advocates as they move into their second year of investigating ways to create, implement, and measure innovation in credit unions, identifying opportunities for credit unions to differentiate with innovation, and building a playbook of effective and consumer-friendly social innovation approaches for the future of all financial services! Check Out These Guest Posts From Filene Experts: Relationship Banking in a Digital Age Credit Union Digital Transformation in the Age of COVID – 19

10 Advantages of Partnering With SNC for CPI

There's everyone else — and then there's State National  

To Improve Is To Change

Using Change To Accelerate Innovation and Drive Success