David Malenoir-Evans, Chief Product Officer at Bestow, has wasted no time in setting goals at the insurance technology company. Hired in February alongside new additions Doug Brewster (Vice President of Finance) and Pete Schiller (Vice President of TPA Services), Malenoir-Evans wants to ensure that the industry-wide race to adopt new technology is in the best interests of its customers.
Calling his company “laser focused” to this end, Malenoir-Evans wrote recently on LinkedIn, “I predict the real winners in the life insurance technology race will be those that truly center benefits and usability for customers and agents.”
Bestow appears to be one of those winners: In January, the company announced that its partnership with Nationwide, which began in April 2023, had driven a 20 percent sales increase for the insurer, while 69 percent of applicants over the past 18 months were first-time life insurance buyers.
