Insurers not already operating in the cloud might fall behind competitors in terms of business agility and speed gained from faster delivery of technology-enabled services. By 2022 organizations were expected to run 75% of their workload on cloud platforms, either public or private, according to earlier forecasts by Forrester. In 2019 a global survey by a large consultancy firm revealed that more than half of insurance companies are developing new IT operating models to support cloud technology, to gain the ability to adapt and change quickly as is vital in today’s market.