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(EMAILWIRE.COM, January 27, 2009 ) Sacramento, CA - In an economy experiencing a recession and rising unemployment, Aon Technology Practice is expanding its services to help its clients better handle the repercussions. The technology industry dominated the news this week with announcements of head-count reductions. The most recent announcements came from Microsoft, Intel Corporation, LM Ericsson, Eaton Corporation, Clear Channel Communications and others.
While many businesses are focused on cutting costs, the pressure to increase the overall effectiveness of their risk management program has has led to an increase in demand of firms that want a full diagnostic audit of their coverages, program structure, cost of risk and overall ideas for making improvements. "What we are hearing from clients, and their special business advisors, is that it is more critical than ever to have their risk management program, and costs, function at it's peak effectiveness", said Davis, executive vice president of Aon Northern California technology practice. Michael Flanagan, Managing Director of the Practice added that "Now with economic uncertainty, Aon Technology practice is seeing more clients choosing risk and cost diagnostic audits, as a way for firms to sharpen their competitiveness in a tough environment.
Aon Technology Practice has expanded their "TechAudit Program", to include review costs and risks in areas of insurance, finance, human capital, technology, operational and strategic.
Each quarter Aon Technology Practice interviews more than 50 CEOs, CFOs and Managing Directors of technology businesses, and their ability to spot trends, concerns and opportunities helps the technology industry to leverage some of the best ideas for managing their risks", said Anna Smith, President of the California Women's Network Group.
Anna Smith concluded by saying that "tough times requires a special emphasis on creativity. My top award goes to Aon Technology Practice for their creativity in development new products and resources to help technology firms during this challenging time."
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Biographical Background Information of the Monthly Speaker:
Julie K. Davis has been with Aon Corporation (AOC) for fifteen years. She is the recipient of Chicago Innovation Awards, Insurance Innovators Award, and finalist in Annual Stevie Awards for Innovation of Best New Product / Service, recognized by I-Street Magazine in their annual "Women in Black" Awards and recently named Who's Who for Entrepreneurial Work in Insurance and Risk Management Field. She attended University of Texas and Rice University. She can be reached by email at julie_k_davis@ars.aon.com or by phone at 408-439-2654.
About the California Women's Network:
This event has approximately 120 participants. The group is a women's association designed for leaders of new or rapidly growing companies with less than 1,000 employees and leaders of autonomous business units in larger organizations.
Source:
Anna Smith, President, California Women's Network Group, californiawomensnetwork@gmail.com
California Women's Network Group
Anna Smith
408-439-2654
californiawomensnetwork@gmail.com 
Source: EmailWire.com
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