Cindy DeArmond Joins Bestow as Chief Revenue Officer to Drive Growth

Bestow, an innovative platform reshaping the insurance landscape, has made a significant strategic move by appointing Cindy DeArmond as Chief Revenue Officer. With over three decades of experience, DeArmond brings a wealth of knowledge from her previous roles and aims to bolster Bestow's ambitious growth strategy. Previously, she held key positions at prestigious firms like Accenture, IBM, and Zurich, where she spearheaded major transformation initiatives in the insurance sector.

As Bestow embarks on its next chapter following a successful $120 million Series D funding round, DeArmond's expertise will be pivotal in executing the company's vision for digital transformation. She is recognized as a thought leader who is often consulted by Fortune 500 companies for her insights into technology integration and operational efficiencies within the insurance domain.

"Cindy not only possesses vast industry knowledge, but she also understands the complexities of modernizing legacy systems within the sector," noted Melbourne O'Banion, CEO and co-founder of Bestow. "Her leadership will significantly enhance our ability to foster partnerships and deliver value to our clients as they modernize their insurance offerings."

Bestow’s commitment to innovation in the life insurance industry is evident through its approach to harnessing emerging technologies and data analytics, streamlining processes from underwriting to claims. The organization is dedicated to transforming the customer experience by eliminating inefficiencies that traditionally plague the sector. Under DeArmond's leadership, Bestow aims to redefine what is achievable in the life insurance field, continually pushing forward in a sector often criticized for being slow to innovate.

DeArmond's career has been marked by a commitment to revolutionizing the operational aspects of insurance, which resonates with Bestow's mission. During her tenure at Accenture, she was integral in launching initiatives that improved technology integration across various functions in the insurance industry. She has worked closely with C-suite executives and board members to facilitate change that enhances profitability and growth.

Topics Financial Services & Investing)

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