BIP Winter 2025

Professional Development

Elevating women, and everyone who champions them Born out of NABIP connections, the Ellevate Foundation creates a space for leadership, mentorship and belonging.

Ellevate Foundation started with a birthday dinner at NABIP’s Capitol Conference in 2018 and has since evolved into a national movement for women’s leadership in insurance and beyond. What began as an informal conversation among NABIP members is now an independent nonprofit dedicated to mentorship, allyship and professional advancement for women. According to S&P Global Market Intelligence, only 23% of executives and officers at large insurance companies are women, even though women represent 48% of entry level employees, according to McKinsey & Company. McKinsey’s research also shows that only 81 women are promoted to manager for every 100 men. Ellevate’s founders believe that one key to changing such statistics lies in building stronger sponsorship and networking opportunities. “That’s why Ellevate exists,” says Stephanie Berger, board president, and NABIP treasurer. “We’re here to create the kind of formal and informal networks that help women rise, because talent and ambition alone aren’t always enough.”

TIP: Visit elevate foundation. org and use promo code #NABIPLOVE for an exclusive discount on the 2026 Women's Leadership Summit.

18 bip magazine Winter 2025