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Quantum Computing in Insurance: Do We Need to Invest Our Energies Now or Wait to Be Followers?
Quantum computing promises exponential leaps in computational power but what does that mean for insurers today, especially in the realm of cyber risk? This session explores the current state of quantum technology, examining its potential to reshape encryption, data security, and risk modeling. Hear from reinsurers on how quantum could redefine insurable cyber events, and explore whether insurers should act now or adopt a fast-follower stance. We’ll also spotlight real-world quantum experiments in insurance, separating hype from meaningful progress. If quantum renders current encryption obsolete, how do we underwrite cyber risk in a post-quantum world and when do we need to prepare?
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