Bestow, a leading technology company in the life insurance industry, has been named one of the Top 100 Financial Technology Companies of 2024 by The Financial Technology Report. This recognition highlights Bestow’s innovative approach to modernizing life insurance and its commitment to delivering seamless, high-impact solutions.
The Financial Technology Report annually highlights organizations redefining financial services with innovation, influence, and impact. Bestow’s inclusion places it among industry leaders, underscoring its role in transforming how life insurance is provided.
“This recognition is a testament to our team’s relentless focus on creating a better way to offer life insurance,” said Melbourne O’Banion, CEO and Co-Founder, Bestow. “Bestow plays a crucial role in driving rapid innovation within the industry, and I’m proud of our team’s commitment to our mission.”
Bestow’s proprietary platform removes traditional barriers in the life insurance process, offering a fully digital experience that eliminates the need for medical exams and lengthy paperwork. Its advanced technology enables businesses to quickly integrate life insurance solutions and products into their platforms, helping carriers increase customer growth and profitability.
Since its inception, Bestow has been at the forefront of insurtech innovation, leveraging data science and AI, forging strategic partnerships, and developing scalable solutions that empower businesses and broaden access to life insurance. This leadership has solidified its position in the evolving financial technology sector.
Earlier this year, Bestow was recognized as one of the Top 25 Insurtech Companies by The Financial Technology Report for its success in partnering with leading carriers to broaden the reach and impact of life insurance solutions. Additionally, CNBC honored Bestow as one of the world’s leading insurtech companies of 2024.
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