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Bestow Expands Leadership Team with Strategic New Hires

In a pivotal move to bolster its growth strategy, Bestow, a frontrunner in insurance technology, has announced the recruitment of three key executives. These appointments are aimed at reinforcing the company’s capability to catalyze digital transformation across the life insurance landscape.

New Additions to the Team

David Malenoir-Evans joins Bestow as the Chief Product Officer, where he will spearhead product strategy and execution. With an impressive background in scaling products and platforms in the AI, SaaS, and fintech sectors, David brings prior experience from leading firms like MetaMap, Procore, and Dataminr. At Bestow, his focus will be on refining the company's integrated technology platform, which is engineered to modernize the life insurance sector by replacing archaic and disjointed systems with more efficient solutions.

Doug Brewster assumes the role of Vice President of Finance, where he will oversee the financial strategy and operations at Bestow. Previously, Doug played a crucial role in the finance departments at Tecton, Confluent, and Okta, bringing a wealth of expertise in scaling high-performance SaaS companies during both growth and IPO phases. His financial oversight is expected to play a significant role in facilitating strategic expansion at Bestow.

Pete Schiller steps in as the Vice President of TPA Services, tasked with leading the evolution of insurance operations and administrative functionalities for several Tier-1 life insurance carriers. With significant experience in sales, quality assurance, and customer service performance, Pete is well-equipped to deliver operational excellence across various stakeholders, including carriers, agents, and policyholders. His leadership will emphasize enhancing automation and self-service features, creating a more efficient user experience that sets a new standard in the industry.

Remarks from Leadership

Jonathan Abelmann, President and co-founder of Bestow, expressed his confidence in the new leaders, stating, "David, Doug, and Pete are not just skilled leaders; they are builders who align closely with Bestow's culture and team." He added, "They have begun setting the foundation for continued innovation as we accelerate product launches. I believe their leadership will enable Bestow and our carrier partners to significantly influence the insurance sector."

Bestow's Vision

Bestow has established itself as the modern technology platform for the life insurance industry, offering solutions that empower insurers to achieve unprecedented growth and profitability. The company’s advancements include the launch of innovative life and annuity products, expansion of distribution channels, and delivery of seamless customer experiences—all made possible by eliminating the inefficiencies associated with legacy systems. Bestow is dedicated to enhancing the financial, actuarial, and distribution capabilities of carriers, redefining industry standards in life insurance.

To learn more about Bestow and its leadership team, visit Bestow.com.

About Bestow

Bestow has developed an end-to-end platform tailored for life insurance providers, driving efficiency, reducing costs, and maximizing profitability across the entire value chain. From product development and advanced underwriting to seamless policy administration, Bestow's solutions empower carriers to provide exceptional products and customer experiences. Discover how Bestow is shaping the future of insurance at Bestow.com.