Heirs Insurance Hackathon 2026 for Nigerian Undergraduates (₦9 Million in Cash Prizes)

The Heirs Insurance Hackathon 2026 is a national innovation challenge created to push the boundaries of how insurance works in Nigeria. The program brings together smart, curious, and tech-driven undergraduates to design practical solutions that can modernize insurance services using artificial intelligence.

Insurance remains one of the least understood and least accessed financial services in Nigeria. This hackathon aims to change that by empowering young innovators to build tools that make insurance faster, simpler, and more accessible to everyday people. Participants will work alongside industry professionals, developers, designers, and mentors while tackling real problems faced by insurance providers and customers.

If you are passionate about technology, problem-solving, and building solutions that improve lives, this competition offers a rare chance to turn your ideas into real-world impact while competing for substantial rewards.

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Challenge Focus

Participants are expected to design AI-powered solutions that address pressing challenges within Nigeria’s insurance ecosystem. Your solution must focus on at least one of the following areas:

• Claims processing
• Underwriting
• Customer experience
• Insurance product distribution

The goal is to create tools or systems that reduce delays, improve accuracy, simplify access, and make insurance more inclusive for individuals and businesses.

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Prizes and Rewards

• 🥇 Winner: ₦5,000,000
• 🥈 Second Place: ₦3,000,000
• 🥉 Third Place: ₦1,000,000

Beyond cash prizes, participants will receive certificates, mentorship exposure, networking opportunities, and branded merchandise.

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Who Can Apply

• Undergraduate students enrolled in Nigerian tertiary institutions
• Teams of three students from the same institution
• Applicants with interest in AI, fintech, software development, design, data science, or product innovation
• Teams ready to build practical, problem-focused solutions for the insurance sector

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Why You Should Participate

• Work on real challenges faced by Nigeria’s insurance industry
• Learn directly from industry experts and technology mentors
• Build projects that strengthen your portfolio and career prospects
• Compete nationally and gain visibility for your skills and ideas
• Win substantial funding and recognition for your work

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How the Hackathon Works

1. Team Formation
   Create a team of three students from your institution and appoint a team lead. A mix of technical, design, and project management skills is encouraged.
2. Download the Proposal Template
   Access the official hackathon template that will guide how you structure and present your solution.
   👉 https://www.heirsinsurancegroup.com/wp-content/uploads/2025/12/Heirs-Insurance-Hackathon-Template.pdf
3. Ideate and Build Your Concept
   Develop your AI-driven solution around one of the four focus areas. Clearly outline the problem, your approach, and expected impact.
4. Submit Your Proposal
   Export your completed document as a PDF and submit it via the official application portal. All entries will be reviewed by a panel of experts.
   👉 https://forms.heirsinsurance.com/hackathon/

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Application Deadline

February 16, 2026

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Contact Information

For questions or support, email:
📩 [email protected]

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How To Apply

1. Form a team of three undergraduates from the same institution
2. Download and complete the official proposal template
3. Design an AI-powered solution addressing one insurance challenge area
4. Submit your proposal through the official portal before the deadline

👉 Apply Here: https://forms.heirsinsurance.com/hackathon/
👉 Download Template: https://heirsinsurancegroup.com/wp-content/uploads/2025/12/Heirs-Insurance-Hackathon-Template.pdf

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If you want to build meaningful technology, compete nationally, and help reshape the future of insurance in Nigeria, the Heirs Insurance Hackathon 2026 is an opportunity worth pursuing.

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