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UNDP x FSD Africa Inclusive Insurance Innovation Challenge Nigeria 2025

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UNDP Nigeria and FSD Africa Nigeria 2025

Information

A competition for innovators, startups, insurtechs, fintechs, insurance companies or community-based organisations to develop inclusive insurance solutions for underserved populations in Nigeria. Three winning proposals will receive a cash prize of N30 million each and intensive technical assistance to refine, test, license, and bring the product to market, with shortlisted innovators invited to a Bootcamp to sharpen product design, business model, financials, and regulatory readiness.

Benefits

Cash prizes for winners, intensive technical assistance, and invitation to a Bootcamp to refine product design, business model, financials, and regulatory readiness.

Eligibility

Innovators, startups, insurtech, fintech, insurance companies or community-based organisations with a product/service/idea serving underserved populations and a plan to integrate gender and inclusion.

Application

Complete the online application form and submit a detailed proposal and attachments by the stated deadlines.

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