OVERVIEW
As Ireland’s largest nationwide insurance brokerage with over 14 locations, Arachas is dedicated to a respectful, inclusive, and fair work environment. Arachas follows an equal pay ethos, ensuring men and women with equivalent roles and experience receive equal pay, regardless of gender, race, or belief. Despite a traditionally male-dominated insurance industry, Arachas upholds a strict equal opportunity policy, appointing the best candidates for roles, be they male or female and the company is pleased to report improvements in Gender Pay Gap as outlined below.
In line with the Gender Pay Gap Information Act 2021, Arachas is publishing a Gender Pay Report for the fourth time. This year, the Gender Pay Gap (GPG) at Arachas has again narrowed relative to the previous year, with an improvement of 4% in the mean hourly remuneration gap between Males and Females, which is now at 25%. We also see an even more marked improvement in the median hourly remuneration gap between Males and Females, which now stands at 19% showing an improvement of 3%. Since 2023, the mean gap has reduced by 6%, with the median reducing by 9%., which signifies real progress relative to previous years.
Several steps to promote gender diversity have been taken over the past year at Arachas, including achieving gender diversity on our executive management team. 2025 saw the appointment of Julie Galbraith to the Executive Management team in the role of General Counsel and Chief Business Officer. In 2022, Arachas published its first Gender Pay Gap report along with an action plan designed to effect real change in this area. Since that time, many elements of that action plan have become part of our culture and are now central to our ways of working as Arachas, this in turn is driving positive change and improving our Gender Pay Gap metrics. While the improvements are positive, there is more to do over the coming years, and Arachas remains committed to this goal. As flagged in previous reports, we continue to balance progressing our gender pay gap initiatives to effect real change, while managing the integration of acquired businesses into our group.
Arachas has conducted Employee Engagement Surveys for several years, showing high participation and satisfaction. As part of The Ardonagh Group, a top 20 global broker with over 12,000 employees in 250+ locations, Ardonagh has published a Gender Pay Gap report since 2018. The Ardonagh Group is also committed to narrowing the gender pay gap and fostering an inclusive workplace that reflects the diversity of their communities and clients.
At Arachas, we continue to work with our group partners to take learnings from measures which have proven successful in reducing the gender pay gap.