In a bid to bring innovative solutions to the Insurtech industry and pave the way for young technology entrepreneurs, leading systems integrator in Sub-Saharan Africa, Inlaks, is set to birth an innovation lab called thehatch.
The launch of thehatch supports the vision of Inlaks to expand into a new phase termed “Inlaks 2.0”. The innovation lab is set to build, scale and provide a nurturing environment for Insurtech start-ups by ensuring a level playing field for domestic technological ideas.
This laudable establishment will guarantee easy penetration into the Fintech market with ample resources, training, finances and collaborative spheres to provide the best in class Fintech solutions.
The launch of thehatch innovative lab will begin with a Hackathon challenge themed, “Shaping the Future of Insurance”, geared towards the development of technologically enabled solutions that solve major problems in the insurance sector.
The event is expected to gather 100 participants consisting of 20 teams of innovators to develop business and technically innovative solutions for the Insurance industry.
Interested participants can register by logging onto the portal and stay updated by following thehatch on social media (Facebook, Twitter, Instagram and LinkedIn) for more information. The portal will be open for applications from Monday, 10th June and will close by Wednesday, 3rd July for team selection.
In addition to the cash prizes for the top 3 participants, thehatch lab will help to nurture and scale solutions that are worthy of further business investment.
The Managing Director, Africa Operations, Inlaks, Femi Adeoti explained the rationale behind the event noting:
Most tech-startups do not have the experience to reach the customers that would buy into their solutions. It is, therefore, our goal to hand-hold these startups and take them to greater heights while interfacing with some of our global clients and partners, and thereby take advantage of the opportunities that are possible.
To participate in the hackathon and qualify for amazing prizes, again, log on to the portal and follow on:
Instagram – @thehatchilab
Twitter – @thehatchilab
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