Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, calls for applications for the maiden edition of the Heirs Insurance Hackathon, a technology-driven innovation programme designed to empower young students shape the future of insurance through Artificial Intelligence and digital solutions.

The Hackathon is open only to students in universities, polytechnics, and other tertiary institutions to build solutions for real-world challenges across the insurance value chain, from customer experience and claims processing to underwriting, distribution, data, and operational efficiency.

Registration closes on February 16, 2026, with winning teams to be announced at the Hackathon Grand Finale in April. A total prize pool of ₦9 million will be awarded to the top three teams.

The initiative reflects Heirs Insurance Group’s commitment to youth empowerment, digital skills development, and inclusive innovation, providing a platform for young Nigerians to apply emerging technologies to critical financial services challenges while gaining exposure to industry, mentorship, and real business problems.

The Hackathon is being delivered in partnership with Redtech, the digital payment solutions arm of Heirs Holdings, which will bring its technical expertise to support the programme and review submitted solutions, ensuring that ideas are evaluated not only for creativity but also for technical feasibility, scalability, and real-world impact.

Commenting on the launch, Peace O. Philips, Chief Digital Officer, Heirs Insurance Group, said: “Africa’s future will be built by young people who have the opportunity to apply their ideas, creativity, and technology skills to real economic challenges. Through the Heirs Insurance Hackathon, we are giving the next generation of innovators a platform to engage with the insurance industry, build meaningful solutions, and contribute to shaping a more efficient and inclusive financial system.”

Entries can be submitted on the Heirs Insurance Group website at www.heirsinsurancegroup.com/hackathon/

Heirs Insurance Group is the insurance arm of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.

With a rapidly expanding retail footprint and an omnichannel digital presence, Heirs Insurance Group, comprising Heirs General Insurance Limited, Heirs Life Assurance Limited, and Heirs Insurance Brokers, serves both corporate and individual customers across Nigeria.

Heirs Insurance Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.

 

Hot this week

IPMAN Kicks Against Issuing Licences for Petroleum Products Import

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has...

Stanbic IBTC Empowers MSMEs with Business Growth Insights at Nigeria Business Summit Regional Tour in Ibadan

Micro, Small, and Medium Enterprises (MSMEs) across Oyo State...

NGX Chair: Insurance Sector Needs More Marketing, Digitalisation to Increase Penetration, Contribution to GDP

Remarks by Dr. Umaru Kwairanga, Chairman, Nigerian Exchange Group...

NAICOM Boss Charges CIIN on Professionalism, Ethics, Innovation as Jide Orimolade Emerges 53rd President

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr....

Experts Charge Stakeholders to Address Healthcare Challenges

Experts have charged stakeholders to address challenges limiting the...

Topics

Stanbic IBTC Capital: Best Investment Bank in Nigeria-EMEA Awards 2022

Stanbic IBTC Capital, the investment banking subsidiary of Stanbic...

Nigeria Drives 23m Units African Smartphone Market in Qtr3

While market saturation and U.S.–China tensions are placing the...

SEC DG: Digital Assets Fraud Threatens Market Integrity

The Director General of the Securities and Exchange Commission...

African Securities Exchange Elects Karim Hajji as New President

 L.R: Mr. Karim Hajji New President of African Securities...

CIIN Donates 12, 000 Insurance Textbooks to Secondary Schools Nationwide

The Chartered Insurance Institute of Nigeria (CIIN) has distributed...

Olashore School Plans Supplementary Exams

Olashore International School will be organising supplementary examinations for...

AfCFTA: Why Nigeria May Lose Out in Agro-export to 1.2bn Consumers-Okakpu

Captain John T. Okakpu MD/CEO ABX World Limited The African Free Trade...

Agricultural Productivity: NIRSAL Empowers over 2,000 Farmers in 4 States

NIRSAL's Ibrahim Suleiman taking the first Lecture in Owerri,...