Sacramento, Calif. — In the insurance industry, the pace of innovation continues to pick up as the industry lags in overall organic growth. This was the message from Julie Davis, EVP, Chicago-based Aon Corp., who recently presented at the Mid-Year California Women's Network Group Conference in Southern California. Innovation, she said, has a sense of urgency, and the insurance industry has an appetite for change. With the industry's overall weak organic growth, it creates a perfect storm for change.
"Many things about innovation are different now," Davis said. "Today's innovation is driven by people, not technology. For the most part, the insurance industry has pushed a great deal of cost efficiencies through better use of technology. Clients, insurance companies, brokers and agents have all benefited from better technology tools."
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access