Seventy Graduates Complete Riyadh AI and Innovation Hackathon for Insurance Sector
Seventy participants completed a five-month AI and Innovation Hackathon in Riyadh, enhancing skills in the insurance sector. The program supports Saudi Vision 2030’s goal to boost local talent and financial innovation.

70 Participants Complete Riyadh Insurance Industry Hackathon Program
Seventy individuals recently completed the AI and Innovation Hackathon held in Riyadh, an event focused on advancing skills in the insurance sector. The program was organized by the Financial Academy in partnership with MEDGULF Insurance Company, aligning with Saudi Vision 2030’s objective to boost local talent and innovation in financial services.
Program Structure and Highlights
The hackathon spanned five months and included several key stages. Participants engaged in data collection exercises, attended awareness sessions, and went through idea screening rounds. The event culminated in an intense five-day hackathon where candidates actively collaborated to develop innovative solutions.
This structured approach ensured practical learning and application, preparing participants to contribute effectively to the insurance industry's ongoing transformation.
The Role of the Financial Academy
The Financial Academy plays a vital role in the development of the financial sector workforce. It provides specialized training for employees, sets professional standards, and publishes research to support industry growth. This hackathon is one of its initiatives to foster innovation and skill development within insurance and finance professions.
Why This Matters for Insurance Professionals
The insurance sector is increasingly influenced by AI and technological innovation. Programs like this hackathon equip professionals with the tools and insights necessary to adapt to these changes, improve operational efficiency, and enhance customer service.
Insurance professionals looking to expand their AI knowledge and skills might consider exploring dedicated AI training courses tailored for finance and insurance industries. For more information on relevant AI courses, visit Complete AI Training – Courses by Job.
Looking Ahead
As Saudi Arabia continues to prioritize technological advancement in its financial sector, similar programs are expected to grow in scale and impact. Professionals who actively engage in such initiatives will be better positioned to meet the sector's evolving demands.