Bestow Boosts Leadership Team with Strategic Hires to Accelerate Growth
Bestow, a prominent name in the InsurTech sector, has recently made significant strides in its growth strategy by appointing three new executives. This strategic move aims to enhance the company’s capabilities and drive digital transformation within the life insurance industry.
New Executive Appointments at Bestow
Bestow has welcomed David Malenoir-Evans as Chief Product Officer, Doug Brewster as Vice President of Finance, and Pete Schiller as Vice President of TPA Services. These leadership appointments are positioned to foster operational excellence and innovative strategies across the organization.
Driving Digital Transformation
The newly appointed executives will focus on integrating modern technology into Bestow’s operations. The platform is designed to help life insurers:
- Launch innovative life and annuity products
- Expand distribution channels effectively
- Enhance customer experience through streamlined processes
Bestow’s commitment to replacing outdated legacy systems with an integrated technology platform is a cornerstone of its mission to improve profitability and operational efficiency in the life insurance sector.
Roles and Expertise of the New Executives
David Malenoir-Evans – Chief Product Officer
With a robust background in AI, SaaS, and FinTech, Malenoir-Evans will oversee product strategy and execution. His experience at notable companies such as MetaMap, Procore, and Dataminr positions him well to modernize Bestow’s technology platform.
Doug Brewster – Vice President of Finance
Brewster’s expertise in financial strategy and operations will be crucial as he leads the finance team. He has a proven track record in scaling SaaS businesses, having previously contributed to finance efforts at Tecton, Confluent, and Okta.
Pete Schiller – Vice President of TPA Services
Schiller will focus on driving innovation in insurance operations and administration for Tier-1 life insurance carriers. His background in sales, quality assurance, and customer service will inform his approach to enhancing efficiency through automation and self-service solutions.
Leadership Insights
Jonathan Abelmann, President and Co-founder of Bestow, remarked on the significance of these appointments. He stated, “David, Doug, and Pete are not just skilled leaders; they are builders who align closely with Bestow’s culture and team. Their contributions will lay the groundwork for ongoing innovation as we expedite product launches.”
As Bestow continues to evolve and adapt to market needs, these new executives are expected to play a vital role in transforming the insurance landscape. For more insights on the latest trends in InsurTech and company updates, visit Bestow’s official site.
