Heirs Insurance Hackathon offers Nigerian students a chance to build AI solutions for insurance, with N9m prizes and April finale

Heirs Insurance Group has launched the maiden edition of the Heirs Insurance Hackathon, a technology-driven innovation programme aimed at empowering students to shape the future of insurance through artificial intelligence and digital solutions.

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The initiative, announced on Wednesday, is open exclusively to students of universities, polytechnics and other tertiary institutions across Nigeria, with participants challenged to develop practical solutions to real-world problems within the insurance value chain.

According to the group, the Heirs Insurance Hackathon will focus on innovation across areas including customer experience, claims processing, underwriting, distribution, data management and operational efficiency.

Registration for the competition closes on February 16, 2026, while winning teams will be unveiled at the Hackathon Grand Finale scheduled for April.

A total prize pool of N9 million will be awarded to the top three teams, as part of efforts to encourage bold thinking and hands-on engagement with the insurance industry.

Speaking on the launch, the Chief Digital Officer of Heirs Insurance Group, Peace O. Philips, said the programme reflects the company’s commitment to nurturing Africa’s next generation of technology-driven problem solvers.

“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,” Philips said.

“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.”

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The hackathon forms part of Heirs Insurance Group’s broader digital transformation strategy and its drive to promote innovation-led growth within Nigeria’s financial services sector.