At an insurtech conference in London, a topic expected to shake the insurance world even more than AI was discussed * In a panel moderated by Gil Arazi, Founder and Managing Partner at FinTLV Ventures, participants emphasized that quantum does not merely improve models—it transforms insurance from a risk-pricing industry into one focused on risk prevention
At the Insurtech Insights Europe 2026 conference in London, a panel was held on one of the most strategic issues for the insurance industry: the impact of quantum technology on the future of the sector.
The panel was moderated by Gil Arazi, Founder and Managing Partner at FinTLV Ventures, alongside senior executives from AXA, Generali, QBE, and Oxford Quantum Circuits.
While much of the current industry discourse focuses on AI, the central message from the panel was clear: the real revolution is still ahead—and it is quantum.
At FinTLV Ventures, the topic has been explored for over two years, and through collaboration with leading quantum companies and global market players such as AXA, a clear understanding is emerging: 2028 is shaping up to be a turning point, when operational quantum capabilities are expected to surpass classical computing in certain use cases.
This means the transition is no longer theoretical—it is beginning to materialize in practice.
For insurers, this represents a fundamental shift: more advanced predictive capabilities, dramatic improvements in models such as Monte Carlo, and a transition from reacting to risk to preventing it. At the same time, challenges are becoming more pronounced—erosion of existing models, encryption risks, and increased systemic exposure.
One of the key insights from the panel was unequivocal: there is no longer an option to “sit on the fence.” Early preparation is not just an advantage—it is a condition for survival. Companies that act now will build a clear competitive edge, while those that wait risk losing relevance in their ability to predict, price, and manage risk.
Quantum does not just enhance models—it reshapes the role of insurance: from an industry that prices risk to one that deeply understands and actively reduces it. This is also the direction leading the SPARK initiative.
The message from the panel was sharp and clear: the revolution is no longer on the way—it is already here.
