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As the global trend towards digitalization accelerates, organizations need to produce fresh perspectives of doing business. We, at Tieto, have donned the hat of an ecosystem aggregator, in order to help our customers in gaining increased ability to speed up digitalization.

BFSI (Banking and Financial Services industry) has been undergoing an unprecedented disruption driven by digitization and technology innovations. Digital currencies, peer to peer payments, block-chain contracts, IoT with BigData analytics in fraud management, customer KYCs etc., have already graduated from being mere fads to sustainable industry trends.

Insurance Hack aims to address the challenges and opportunities in the Insurance and Wealth Management Industry triggered by disruptive technologies and business models. We invite solution creators and visionaries to explore technology and business innovations to help shape the future!

The event will also see participation with likes of Gireesh Narsimhan (Managing Director & Principal at and Umesh Kudalkar (Advisor at representing the angel / seed investor community, scouting for new ideas, innovations and investment opportunities.

Let’s start the r-Evolution of the Insurance and Wealth Management Industry!


Participants are free to build projects of their own choosing one or more of the mentioned themes.

Points to be considered while submitting a hack:

  1. You may use any open source tools, platforms, APIs etc.
  2. Proprietary technology can be used as a component but cannot constitute the entire solution.
  3. The hack submission must revolve around a business model. The tech stacks used could be Cloud, IoT, BigData, Analytics, Block-chain, Machine Learning, Robotics, AR & VR and Gamification.

Cross-industry leverage in the fields of Health, telematics, construction, Digital Advisory, Investment automation, Planning, Life & pension Insurance could be a value add to the submission.

Expected outcome:
1. Application or Solution including technical innovation and Business Innovation
2. Working component OR Algorithm (Demonstrable outcome)
3. The demo should be a working prototype.


Imagine a new world where insurance is an integral part of life and plays an immersive role. It is more about securing everything that you hold near and dear- everything that is valuable to you. The solutions of the future could leverage tech stacks in creating new insurance initiatives that will support the changing life routines. The innovation could be in the insurance areas of property and cas...

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Wealth Management

The way we look at the capital markets and wealth management business has already undergone tremendous change in the last few years. The change has been on the fundamental levels of challenging the very definition of wealth with digital currency, digital ledgers etc. Financial advisory is moving rapidly form human-advisory to Digital Advisory and self-service is the new mantra. How could the wealt...

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Main Prizes
1st Prize- Winner team gets cash prize of INR.2,00,000
INR 2,00,000
2nd Prize- Runner up team gets cash prize of INR 1,00,000
INR 1,00,000
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