Varsity college students vie for N9m Heirs Insurance coverage Hackathon prize

Heirs Insurance coverage Group has known as for functions for the maiden version of its Heirs Insurance coverage Hackathon, which is able to see 9 college undergraduates vie for the innovation prize value N9m.

In a press release on Monday, it was revealed that the hackathon is a technology-driven innovation programme designed to empower younger college students to form the way forward for insurance coverage via synthetic intelligence and digital options.

The Hackathon is open solely to college students in universities, polytechnics, and different tertiary establishments to construct options for real-world challenges throughout the insurance coverage worth chain, from buyer expertise and claims processing to underwriting, distribution, information, and operational effectivity.

Commenting on the launch, Chief Digital Officer of Heirs Insurance coverage Group, Peace Philips, mentioned, “Africa’s future will probably be constructed by younger individuals who have the chance to use their concepts, creativity, and expertise expertise to actual financial challenges.

By way of the Heirs Insurance coverage Hackathon, we’re giving the following era of innovators a platform to interact with the insurance coverage trade, construct significant options, and contribute to shaping a extra environment friendly and inclusive monetary system.”

Registration closes on 16 February 2026, with entries submitted on the Heirs Insurance coverage Group web site, and the successful groups will probably be introduced on the Hackathon Grand Finale in April. The highest three groups will share a complete prize of N9m.

Heirs Insurance coverage Group mentioned that the initiative mirrored its dedication to youth empowerment, digital expertise improvement, and inclusive innovation, offering a platform for younger Nigerians to use rising applied sciences to essential monetary companies challenges whereas gaining publicity to trade, mentorship, and actual enterprise issues.

The Hackathon is being delivered in partnership with Redtech, the digital cost options arm of Heirs Holdings, which is able to convey its technical experience to assist the programme and evaluation submitted options, guaranteeing that concepts are evaluated not just for creativity but in addition for technical feasibility, scalability, and real-world influence.

Heirs Insurance coverage Group is the insurance coverage arm of Heirs Holdings, a number one pan-African funding firm, with investments throughout 24 nations and 4 continents.