Community involvement
Illuminating the path
to thriving communities
Closing the gap
In recognizing the long-standing challenge of diversity within the financial services industry, the Financial Alliance for Racial Equity (FARE), in collaboration with Nationwide Financial, is making a meaningful difference. It’s helping to increase racial diversity, drive greater equity and foster inclusion within the financial services industry and communities served.
In 2023, FARE awarded approximately $80,000 in scholarships through the FARE CFP® Certification Diversity Scholarship and the FARE HBCU Scholarship Program to help 21 Black professionals and students prepare for the Certified Financial Planner (CFP) certification and Securities Industry Essentials (SIE®) Exam, respectively. A founding member of FARE and contributor to these awards, Nationwide Financial is proud to invest in the next generations of diverse leaders in the financial services industry.
FARE officially launched its HBCU Mentorship Program to support Black students and young professionals by offering career growth and professional development opportunities. Approximately 11 mentors and 27 mentees participated in FARE’s inaugural HBCU Mentorship Program in 2023. Insights from the program will be used to scale and expand the program in the coming years.
Mitigating weather risks
Extreme weather’s escalating frequency and severity pose growing challenges for homeowners and businesses across the country. To tackle this, collaboration between insurance carriers, distribution professionals and government officials is paramount. Together, we can empower people, businesses and communities to take proactive measures, enhancing their resilience when faced with severe weather. Nationwide is using its position as a leading protection company to advocate for crucial systemic changes, including the adoption and enforcement of modern building codes, aimed at safeguarding homes, businesses and communities from the impact of extreme weather events.
Our focus extends to providing resources to help distribution professionals educate customers on predictive and preventive measures they can take to mitigate risk. It’s not just insurance; it’s a collective effort to fortify our communities against the challenges of an increasingly unpredictable climate and show customers that Protection Is Our Purpose.