What will be the connected objects of tomorrow's insurance world? To answer this question, Foyer Group invited the customers of tomorrow, students from Luxembourg Tech School, a program supported by the Ministry of Education, to the first LTS hackathon devoted to insurance, on the very popular theme of "wearable insurance".

This challenge, co-organized by Foyer and Luxembourg Tech School, brought together from 29 to 31 March 2019 in the premises of Foyer 24 high school students aged 15 to 19, with the support of Digital Luxembourg and the LHoFT Foundation, historical partners of the LTS.

During these two days, the future digital leaders have used creativity, anticipation, and agility to develop prototypes on connected watches and mobile applications designed to meet new health, home or auto insurance needs. To meet these challenges, the seven teams, each composed of three to four LTS students and an employee from Foyer, received support from Sergio Coronado, Lead Coach and a team of LTS coaches. Between two hacking sessions, they were also able to benefit from the experience and wise advice of a series of mentors from the world of innovation.

On Sunday afternoon, after an intense and exciting weekend, the teams presented their ideas to an expert jury, composed of Claude Marx (CSSF), Pierre Zimmer (Post), Max Gutenkauf (Digital Luxembourg), Philippe Worré (Administrateur Foyer Assurances) and Gilbert Wolter (Foyer Assurances). After an extremely difficult deliberation, given the quality of the ideas presented, the jury awarded the first three prizes to :

• 1st prize: PRO-HEALTH, or how insurance should adapt to our lifestyle and offer us to adopt healthier behaviours, via a connected watch and a mobile application.
• 2nd prize: FEATHER, a mobile weather alert application, to prevent and offer insurance products according to possible weather events.
• 3rd prize: WE GOT YOUR BACK, a healthy application that, thanks to the use of connected soles, helps to detect poor posture and prevent possible back problems. Reduction of costs for the insurer and of premium for the client.

The Finance Minister, Pierre Gramegna, accompanied by Marc Lauer, CEO of Foyer, then presented the teams with their awards in the form of a trophy and three generous cheques.

In addition to these three prizes, Marc Lauer, particularly enthusiastic about the originality of these concepts, wanted to award, on behalf of the Executive Committee of Foyer, two "Coup de cœur" prizes to the Feather (see above) and Hestia teams, the latter for its playful application, which makes it possible to subscribe insurance on demand and reward the user for his good behaviour. With this prize, the students in these teams will be granted an internship contract at Foyer, which will allow them to put their know-how directly into practice in order to concretize their ideas for the insurer.

For this new edition, the LTS hackathon was once again a success, between the overwhelming energy of the students and the brilliant ideas proposed. All this has created a magnificent dynamic between the world of the industry and its future recruits!