Bestow Launches AI-Focused Division to Address Industry Challenges
Bestow has announced Bestow Labs, a dedicated team focused on developing AI-native products for insurers. This move supports its mission of bridging the gap between what carriers want and their outdated technology infrastructure. The company's modular platform allows carriers to adopt new capabilities without overhauling existing systems. The initiative aligns with Deloitte’s 2026 Global Insurance Outlook, which highlights legacy systems as a major obstacle for insurers seeking to scale AI effectively. Bestow claims its approach has led to conversion rate improvements of up to 300% among carriers using the platform. The company emphasizes transparency and security in all AI implementations. Bestow Labs operates independently from production systems, enabling innovation without disrupting critical operations. This expansion reinforces Bestow’s position as a leading digital platform for life insurance products like term, whole life, and indexed universal life.
Topics: AI insurance technology platform expansion