New York Life is recognized by DiversityInc as a top company for diversity and inclusion.

NEW YORK, May 3, 2017—New York Life maintains its #23 place on the 2017 Top 50 Companies for Diversity list and is now ranked #2 on the list of the companies with the top Employee Resource Groups.  The DiversityInc Top 50 list, issued yearly since 2001, recognizes the nation’s top companies for diversity and inclusion management.  These companies excel in such areas as hiring, retaining and promoting women, minorities, people with disabilities, LGBT and veterans.

“We are honored to once again receive this prestigious recognition from DiversityInc,” said Kathleen Navarro, Vice President and Chief Diversity Officer, New York Life.  “Diversity and inclusion are essential to competing in a today's marketplace.  Leveraging differences drives our high performance culture and helps us create the innovative solutions that help our customers to be good at life.”

“There are simply not enough qualified people to hire.  A company’s ability to find the best and brightest, advance and retain them equitably is a decisive competitive advantage,” notes Luke Visconti, founder and CEO of DiversityInc.  “The DiversityInc Top 50 have a decisive metrics-evidenced ability to treat people more fairly than other large companies.  They also have a greater-than-average return for their shareholders.”

DiversityInc’s extensive annual survey yields an empirically driven ranking based on recruitment, talent development, senior leadership commitment and supplier diversity.  This year’s competition was improved by new survey questions, increased emphasis on fairness over chasing numbers and more sophisticated analysis from DiversityInc’s data scientists.

“The 10 percent increase in companies participating in the survey from a year ago proves that accountable leaders at these companies view diversity and inclusion as a key business measure,” said Carolynn Johnson, DiversityInc’s COO.

To view the entire Top 50 list, visit http://www.diversityinc.com/top50 or follow the conversation at #DITop50.

About DiversityInc

The mission of DiversityInc is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, when many corporations were beginning to understand the business value of diversity-management initiatives. The 2017 Top 50 Companies for Diversity results will be featured on DiversityInc.com and in DiversityInc magazine. DiversityInc is a VA certified veteran-owned business and a USBLN certified business owned by a person with a disability. For more information, visit www.diversityinc.com and follow us on Facebook, Twitter and LinkedIn @DiversityInc.

About New York Life

New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world.  New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).**  Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance.  New York Life Investments*** provides institutional asset management.  Other New York Life affiliates provide an array of securities products and services, as well as retail mutual funds.  Please visit New York Life’s website at www.newyorklife.com for more information.

Talk it through with an expert.

We're here to help.

get started
Further Reading

Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/17/16.  For methodology, please see http://fortune.com/fortune500/

Individual independent rating agency commentary as of 8/9/16.

New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.