Insurance provider Allstate and technology developer IBM have demonstrated that quantum computing can optimize risk portfolios and resolve severe computational challenges within the underwriting sector. Published as a pre-print in mid-2026, the joint investigation addresses the chance-constrained knapsack problem, an notoriously difficult class of combinatorial optimization tasks in computer science. The operational objective mirrors the [...] The post Allstate and IBM Deploy Hybrid Quantum-Classical Workflows to Optimize Insurance Risk Portfolios appeared first on Quantum Computing Report .
Source: Quantum Computing Report — read the full report at the original publisher.