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."

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