About the Hackathon:
- An event designed for elite specialists and enthusiasts in the Insurtech sector to exchange expertise and compete in presenting innovative technological solutions for the insurance sector in specific tracks.
Hackathon Objectives:
Creativity and innovation
Contributing to the automation of insurance sector services.
Employing the latest technology and artificial intelligence methods in the insurance sector
Contributing to achieving the objectives of the Financial Sector Development Program by increasing the automation level in the insurance sector.
Target Audience:
Entrepreneurs
Students
Creative thinkers
All those interested in Insurtech
Hackathon Tracks:
The hackathon aims to address challenges and develop the insurance sector by providing innovative technological solutions that facilitate the experience for beneficiaries and stakeholders, covering the following tracks:
Insurance Services Automation Track:
Opening the horizon for new innovative services or developing existing services using technology in the insurance sector system through
- 1- Contributing to raising the automation rate of insurance services.
- 2- Targeting integration and homogeneity between other technical solutions.
Insurtech Companies Track:
Ideas for building startups and quality companies and benefiting from digital tools in developing the insurance sector.
- 1- Serve individuals or institutions or both.
- 2- Provide an innovative profitable technical insurance business model.
Hackathon Journey:
Judging Criteria:
Creativity and innovation
Expected impact
Feasible business model
Presentation quality
Market entry plan
Target customers
Defining the target market
Addressing challenges or improving services
Prizes for Each Track:
1st place:
2st place:
3st place:
Judging Criteria:
- To be present in the Kingdom of Saudi Arabia.
- Registration is open to individuals, teams and legal entities.
- Ideas and solutions must be innovative and serve insurance technology.
- A presentation explaining the mechanism of work or an explanatory video of the idea must be submitted.
- The company must not be operating in the insurance sector.
