Heirs Insurance Group has called for applications for the maiden edition of its Heirs Insurance Hackathon, which will see nine university undergraduates vie for the innovation prize worth N9m.
In a statement on Monday, it was revealed that the hackathon is a technology-driven innovation programme designed to empower young students to 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.
Commenting on the launch, Chief Digital Officer of Heirs Insurance Group, Peace Philips, 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.”
Registration closes on 16 February 2026, with entries submitted on the Heirs Insurance Group website, and the winning teams will be announced at the Hackathon Grand Finale in April. The top three teams will share a total prize of N9m.
Heirs Insurance Group said that the initiative reflected its 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.
Heirs Insurance Group is the insurance arm of Heirs Holdings, a leading pan-African investment company, with investments across 24 countries and four continents.
