Arch Capital Group Ltd has teamed up with an international non-profit organisation that is dedicated to inspiring women to succeed in technology.

The Bermudian-based specialty insurer’s partnership with Women Who Code will fund more than 500 scholarships and help improve the online experience of WWCode’s in-person programme, the company said.

WWCode said it is building a world where diverse women are better represented as technologists and leaders.

The organisation said it has executed more than 14,000 free events around the world, and built a membership exceeding 250,000 in 122 countries.

Prashant Nema, chief information officer for Arch Capital Services LLC, said: “We strongly believe that Women Who Code’s mission of inspiring women to excel in technology careers is critical for the long term success of the insurance industry.

“Our hope is that through our partnership, we can increase the overall number of women in IT roles at Arch and ensure more balanced representation for women in leadership roles.”

Alaina Percival, CEO and chairwoman of the board at WWCode, said: "The support of companies like Arch is pivotal during these times. Women Who Code believes it is more important than ever to ensure that diverse women are empowered to be technologists and leaders in this industry.

“Women have been disproportionately impacted over the last year, and by working together we can ensure that the progress we have made in our vital mission is not lost."