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Supplier DiversityParagon Subrogation Services is proud to be certified by the Women's Business Enterprise National Council (WBENC) as a Women's Business Enterprise (WBE). WBENC is a not-for-profit
organization focused on women’s business development and sustainable economic growth. It is the largest third-party certifier of businesses majority owned, controlled, and operated by women in the United States. More than 11,000 WBEs provide goods and services to corporations, government agencies, and nonprofits on a daily basis, generating more than $100 billion dollars of revenues per year. |
Case for Supplier Diversity |
Diversity promotes innovation and, it opens up new channels of revenue, and the partnerships it creates fuels the economy. Corporations, government agencies, and nonprofits working with diverse suppliers are more equipped to service their diverse customer bases.
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California Insurance Diversity Initiative and Assembly Bill 53 |
"The Insurance Diversity Initiative was established by Insurance Commissioner Dave Jones in 2011 in an effort to focus on diversity issues within California's $257 billion insurance industry. Specifically, these efforts - both by Department staff and the Commissioner-appointed Insurance Diversity Task Force - are meant to encourage increased procurement from California's diverse suppliers and diversity amongst insurer governing boards."
"The goal of Assembly Bill 53 was to encourage competitive business opportunities for all Californians. Insurers are uniquely positioned to build relationships within the communities they serve through the development, inclusion and use of diverse businesses." Paragon Subrogation Services has been an active member of the Insurance Diversity Initiative since its inception. To learn more about the Insurance Diversity Initiative visit the Website or contact us today. |