Heirs Insurance Group has officially closed applications for its Hackathon 2026 competition, recording what it described as an overwhelming response from undergraduate teams across Nigeria.
The underwriting firm announced that it received an impressive volume of submissions from students proposing innovative and practical solutions aimed at transforming the country’s insurance ecosystem.
In a statement confirming the close of entries, the company commended participants for the depth, creativity and relevance of their ideas.
“We received an impressive number of submissions from undergraduate teams across the country — each presenting bold, practical solutions to transform Nigeria’s insurance systems. We sincerely appreciate every student who applied and helped make this edition truly inspiring,” the statement read.
Rigorous Screening Process Begins
According to the organisers, a comprehensive review and evaluation process is already underway and will run through February and March 2026. Submissions are being assessed by a panel made up of technology leaders and industry experts.
At the conclusion of the screening phase, 15 semi-finalist teams will be shortlisted to advance to the interview round, where they will present their concepts directly to the panel.
From this stage, five finalist teams will emerge to participate in the core hackathon programme.
Countdown to the Grand Finale
The Hackathon Kick-off, scheduled for March 2026, will feature intensive brainstorming sessions, business modelling, mentorship workshops, coding sprints, API integration and real-time user testing with customers.
The competition will climax in April 2026, when the five finalist teams unveil fully functional Minimum Viable Product (MVP) solutions before judges and stakeholders.
At stake is a ₦9 million prize pool, which will be shared among three winning teams.
The initiative underscores Heirs Insurance’s commitment to driving innovation, nurturing young tech talent, and accelerating digital transformation within Nigeria’s insurance sector.