Revolutionising Insurance: Bahrain's No-code InsurTech Hackathon Drives Innovation

Bahrain, Sept 10, 2023 - Bahrain recently witnessed an exciting no-code hackathon which pit four teams against each other in a bid to develop innovative solutions to the most pressing challenges in the insurance industry.

The teams - Fikra, Tech Flow, Insure Your Future, and The Disrupter - vied for cash prizes and the chance to pitch directly to Solidarity Bahrain in the hopes of transforming their concepts into real-world applications. Tech Flow ultimately took first place with their creative solution.

The winning team's strategy was to identify repetitive tasks ripe for automation, rapidly prototype solutions, and deliver tangible results. Their winning solution utilizes advanced technology and visual analysis, customized to meet the requirements of companies looking to improve their operational processes in the insurance sector. The solution aims to resolve existing challenges that have affected both customer experience and business performance. It holds the potential to usher in a new era of efficiency and precision within the insurance industry.

This event was orchestrated by HP Spring Studios, a pioneering MENA based venture studio, in collaboration with Solidarity Bahrain, one of the leading insurance companies in Bahrain. Additionally, the event received sponsorship from Bahrain's Labour Fund (Tamkeen), dedicated to empowering citizens and supporting their professional development. General Assembly, a trailblazing tech education provider in Bahrain, also played a significant role in supporting the execution of the event. Most notably, many of the participants, including members of the top two teams, have graduated from General Assembly's tech courses. These courses are designed to be concise and directly relevant to the demands of the digital workforce.

During a five-day pre-hackathon period, teams received mentorship and guidance, fostering a startup mindset focused on rapid ideation and prototyping. Internal experts and consultants covered topics including UX design, teamwork, and no-code training. Workshops addressed business aspects like IP awareness and business modelling, along with the challenges in the insurance sector.

Maha Mofeez, Chief Executive Bahrain's Labour Fund (Tamkeen), lauded the event, saying, "Bahrain once again proves itself as a leader in modernisation, this time in the InsurTech sector. We are proud of the individuals who are ready to take on emerging challenges in the digital space and reinforce Bahrain as a leading light of digital innovation."

Ahlam Oun, Career Coach and Outcomes Manager at General Assembly, echoed Ms. Mofeez's sentiment, saying, "As one of the mentors of the event, I witnessed firsthand the enthusiasm and dedication the teams displayed. By covering a wide range of fields from a conceptualization as well as business perspective, the teams pitched ideas that resonated while still being feasible. We also see where the benefit of our courses has shifted their thinking into delivering real-world solutions to this space."

The hackathon proved to be a relevant and out-of-the-box way of generating solutions. These events showcase Bahrain's entrepreneurial spirit and its leadership in the digital space.

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Kartikeya Mehta
Obai & Hill, Office 16, Fakhro Tower, Sanabis, Kingdom of Bahrain

General Assembly transforms careers and companies through leading-edge programs in software engineering, design, data, and more. The team has worked with hundreds of companies around the world - including more than 71 of the Fortune 500 - to upskill, reskill, and revolutionise their teams. General Assembly has partnered with Tamkeen to form an academy in Bahrain to reskill and upskill the Bahraini workforce in a range of tech-focused areas. The partnership aims to improve the skill-sets of Bahrainis, enabling them to become the employees of choice and drive future prosperity.

This release was published on openPR.