This is another example where a paradigm shift in the behaviours of both businesses and consumers is putting pressure on traditional service sectors like insurance to innovate and use technology to deliver new products and services.

It is exciting to see how companies like Vrumi and Z/Yen are finding innovative ways to use technology, like block-chain, and integrating it with more traditional businesses, like Lloyd's of London, which are typically run using long standing business processes using more legacy technologies.

Always good to see London referenced as a city that ranks highly for embracing technologies like crypto-currency. I hope to see more interesting innovation and technological development spawning from the UK over the coming years... Better still, I hope to be a part of it!