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64 Million Insurance Scenarios on a Quantum Computer

December 7, 2023 at 3:30 pm
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  • Optimization Case Studies
  • Ballroom G
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Guidewire and BlueQubit have formed a partnership to apply quantum computing to the insurance sector’s Capital Reserve challenge, focusing on the simulation of 65 million potential scenarios. By utilizing BlueQubit’s quantum machine learning tools and the computational power of AWS Braket, they have conducted simulations on a 41-qubit system. This collaboration aims to improve the accuracy of value-at-risk calculations for homeowners insurance, demonstrating a practical use of quantum technology in financial modeling.
Lewis Guignard, Director of Data Science Solutions, Guidewire
Hrant Gharibyan, CEO & Co founder, BlueQubit
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Featured Speaker(s):
Hrant Gharibyan

Hrant Gharibyan

CEO BlueQubit
Lewis Guignard

Lewis Guignard

Director of Data Science Solutions Guidewire
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Event Series Event Series: Optimization Case Studies

64 Million Insurance Scenarios on a Quantum Computer

December 7, 2023 @ 3:30 pm - 3:50 pm

Featured Speaker(s):
Hrant Gharibyan

Hrant Gharibyan

CEO BlueQubit
Lewis Guignard

Lewis Guignard

Director of Data Science Solutions Guidewire

Guidewire and BlueQubit have formed a partnership to apply quantum computing to the insurance sector’s Capital Reserve challenge, focusing on the simulation of 65 million potential scenarios. By utilizing BlueQubit’s quantum machine learning tools and the computational power of AWS Braket, they have conducted simulations on a 41-qubit system. This collaboration aims to improve the accuracy of value-at-risk calculations for homeowners insurance, demonstrating a practical use of quantum technology in financial modeling.

Lewis Guignard, Director of Data Science Solutions, Guidewire

Hrant Gharibyan, CEO & Co founder, BlueQubit

Details

Date:
December 7, 2023
Time:
3:30 pm - 3:50 pm
Series:
Optimization Case Studies
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Ballroom G

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