In this 90 second clip, we hear three leaders in the insurance industry speak of the role and importance of innovation. Hank Greenberg, former CEO of AIG talks about why AIG was so innovative and counsels against the Fear of Failure. Mike McGavick, CEO of XL Group, warns that unless the insurance industry becomes more […]
Mike McGavick, CEO of XL, on Innovation
The Innovation Insurance Group praises Mr. McGavick for his comments on the importance of innovation in today’s insurance industry. Innovation is the only solution to solving [today’s] difficult economic environment Mike, we couldn’t have said it any better!