Heirs Insurance Group has opened applications for the first edition of the Heirs Insurance Hackathon, a technology-focused innovation programme aimed at equipping young Nigerians with digital skills and practical exposure while reimagining the future of insurance through artificial intelligence and data-driven solutions.
The hackathon is open exclusively to students in universities, polytechnics and other tertiary institutions, and will focus on developing solutions to real-world challenges across the insurance value chain, including customer experience, claims processing, underwriting, distribution, data management and operational efficiency, you can check this link on how to apply for this opportunity.
Registration for the programme closes on February 16, with winning teams set to be unveiled at the Hackathon Grand Finale scheduled for April. A total prize pool of ₦9 million will be shared among the top three teams, alongside opportunities for industry exposure, mentorship and engagement with real business problems.
The initiative reflects the group’s broader strategy to drive youth empowerment, digital innovation and skills development, while strengthening the role of technology in expanding access to insurance and improving service delivery across Nigeria’s financial sector.
The hackathon is being delivered in partnership with Redtech, the digital payments and technology subsidiary of Heirs Holdings. Redtech will provide technical support and participate in the evaluation of submitted solutions, with an emphasis on scalability, feasibility and real-world impact in addition to creativity.
Speaking on the initiative, the chief digital officer of Heirs Insurance Group said the programme was designed to give young people the opportunity to apply their ideas and technical skills to real economic challenges. According to her, engaging students early and exposing them to the insurance industry will help build solutions that improve efficiency, inclusion and long-term sustainability within the sector.
For Nigeria’s insurance industry, which continues to grapple with low penetration and trust deficits, technology-led solutions developed by young innovators could play a critical role in simplifying processes, reducing costs and improving customer engagement. For small businesses and startups, more efficient and accessible insurance products can also reduce risk and support growth.
Heirs Insurance Group, the insurance arm of Heirs Holdings, operates across Nigeria through its general insurance, life assurance and brokerage businesses. With a growing digital and retail footprint, the group has positioned itself as a key player in Nigeria’s push for financial inclusion, using technology to democratise access to insurance and deepen participation in the formal financial system.
