An Accenture report that Insurtech investment rose threefold in 2015 to $2.6bn (£1.57bn), a rise from $800mn in 2014, won't come as a surprise to anyone who works in or on behalf of the sector.

What's maybe more surprising, is how many insurers are still resting on their laurels and assuming that, somehow, technological change, or the need to keep pace with insurer's that are advancing in this area, is optional.  

Some commentators have noted that UK insurers' appear to have the least appetite for change, when compared with insurers globally, who are capitalising on investment opportunities much more widely.