Bestow

InsurTech & Policy Administration

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This platform provides extensive solutions for life insurance carriers, enhancing the efficiency of new business origination and post-issue servicing. Key features include a user-friendly agent portal, advanced underwriting technology, automated policy issuance, and solid data analytics tools, all designed to streamline operations, reduce costs, and improve customer engagement for insurance providers and their agents.

Bestow can be found in InsurTech & Policy Administration categories.

The most similar products to Bestow are:

Centripe Promoted → Adacta → Innoveo → TAPP Verified profile → Ezyagent →

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Bestow Main Features

• TPA Suite
  We provide strong admin tools for managing services before and after issuing policies.
• Agent Portal
  Agents get a user-friendly dashboard with real-time updates they can trust.
• Cost Reduction
  Lower the cost of each policy within the first year.
• Innovation Lab
  Stay ahead with our latest technology and data developments.
• Service Portal
  Customers can use a self-service portal for help with multiple products.
• Agile Innovation
  Make product and pricing changes quickly to keep up with the market.
• Application Suite
  We create easy online experiences for customers and agents from quoting to checkout.
• Data Optimization
  We help you use your data better to improve sales and marketing.
• True SaaS Solution
  Use our fully managed software to solve your biggest challenges.
• Fast Product Launch
  Bring new products to market in just a few months.
• Expense Optimization
  Save money on customer acquisition with efficient processes.
• Post-Issue Servicing
  Tools and self-service portals help with managing services after a policy is issued.
• Rapid Implementation
  Launch new digital processes and products quickly.
• Streamlined Business
  We help make your life and annuities business run smoother.
• Flexible Distribution
  Adjust your sales channels to reach more customers.
• Empowered Self-Service
  Customers can handle most service requests on their own.
• New Policy Application
  You can apply for a new term life policy easily online.
• Performance Monitoring
  Track important business metrics easily with our tools.
• Reduced Support Burden
  Less pressure on customer support teams with self-service options.
• Instant Decision Making
  Speed up applications and reduce underwriting costs.
• Underwriting Automation
  Our rules engine helps you build and test new products quickly and efficiently.
• Digital Application Tools
  Use online tools to make the application process easier.
• Easy Software Integration
  Connect our solutions easily with your existing systems.
• Existing Policyholder Login
  Current term life policyholders can log in to manage their accounts.
• Customer Experience Improvement
  Enhance the experience for customers from start to finish.

Bestow Benefits

• Cost reduction
  Lowering costs helps businesses save money and improve their profits.
• Robust admin tools
  Strong administrative tools help manage customer needs before and after they buy a policy, improving service.
• Automated underwriting
  Automation helps speed up the process of creating new products and reduces the workload for agents.
• Faster product launches
  Bringing new products to market quickly helps businesses stay competitive and meet customer needs faster.
• Instant decision-making
  Quick decisions on applications make the process easier for customers and reduce costs for the company.
• Agile pricing adjustments
  Being able to change prices quickly helps businesses respond to market changes and stay competitive.
• Superior data for marketing
  Using better data helps businesses make smarter choices about marketing and products, leading to more sales.
• Optimize post-issue servicing
  Using tools and self-service portals makes it simpler for customers to manage their policies, saving time and effort.
• Frictionless self-service portal
  A self-service portal allows customers to handle their requests quickly, which saves time for everyone.
• Digital-first & hybrid experiences
  Creating easy online experiences for customers and agents makes the process smoother and more enjoyable.
• Empowered self-service for customers
  Allowing customers to manage their own service requests reduces the workload on support teams.
• Intuitive sales management dashboard
  An easy-to-use dashboard helps agents track their sales and manage their work better.
• Streamline life & annuities origination
  This helps businesses work faster and more efficiently, making it easier to get new customers.

Who should use Bestow?

• Underwriters
  They can streamline their work with automated tools and make faster decisions.
• New customers
  They can apply for a new term life policy quickly and easily at lanterninsurance.com.
• Marketing teams
  They can use data to make better decisions and improve their marketing strategies.
• Insurance agents
  They can use tools to manage sales better and track their performance in real-time.
• Insurance companies
  They can launch new products faster and reduce costs with advanced technology.
• Customer support teams
  They can reduce their workload with a self-service portal for customers.
• Existing term life policyholders
  They can easily manage their policies online and get quick help when needed.

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