GIZ launches Egypt’s first insurance technology hackathon

GIZ launches Egypt’s first insurance technology hackathon: German development agency GIZ is launching InsurHack, the first insurance technology “hackathon” in Egypt, through its insurance entrepreneurship platform InsurTech, according to an emailed statement (pdf). The competition, which runs from 28 November through 1 December, will see 10 teams coming up with business ideas and solutions for specific challenges in the insurance industry. The team will be competing for a EGP 100k cash prize and a fast-tracked selection process for the AUC Venture Lab incubator, in addition to other prizes.