Bestow

New #AI technologies represent exciting possibilities in #insurance, but it will be extremely important to balance this new tech with a cautious and strategic approach—one that emphasizes the human element—going forward. As carriers pour resources into developing LLMs and generative AI models in search of maximum efficiency, it’s important not to lose sight of the big picture. The life insurance industry is about people, and these new tools should be viewed as just that: tools to help people work faster and smarter.

Will you be at Insurtech Insights USA in NYC next week? Don't miss Laura McKiernan Boylan on the Orange stage Wednesday afternoon for a panel discussion on Building Life Insurance Products for the Next Generation. And, reach out to Lena Chukhno 🇺🇦, Christine Seidman, Paul Rasmussen, or Cashondra Wilcox M.Ed to connect and get details on a Bestow hosted happy hour on Wednesday evening. 🍻 We'd love to see you there! #ITI2024 #insurtechinsights

We could list many reasons to consider a job at Bestow, but we like the way Ryan Tauss summarizes it: "We're at an important time at Bestow, and I'm looking forward to being part of that." You can see our current open roles on LinkedIn or Bestow.com

So much to learn, so little time. Looking for a quick way to catch up on all things #insurtech? Sign up for Bestow's newsletter today! The latest edition will hit inboxes soon 👉

What does it mean to be built from the ground up? Peter Eliason explains how Bestow's systems and modules work together seamlessly to provide the best possible analysis and results.

We're pumped to make The Financial Technology Report's Top 25 InsurTech Companies list for 2024. This is a huge compliment to our hardworking team and carrier partners! 🚀 View the full list and read more about Bestow here: https://lnkd.in/dZ8xZBFA

Our CEO Melbourne O'Banion was recently featured in a Fast Company roundup of tips to improve daily operations and the flow of work in today's hybrid world. As a primarily remote company, Bestow requires seamless technology to connect folks at our headquarters with the employees and partners we have across the U.S.

Laura McKiernan Boylan and Peter Eliason are heading to Boston next week for the AHOU: Association of Home Office Underwriters Annual Conference. Make sure to catch their panel discussing Embedded Bias in Underwriting on Tuesday! #AHOU2024

Thank you Digital Insurance for the opportunity to deliver a keynote on the power of #GenAI in #customeracquisition! Really enjoyed the dialogue about GenAI potential throughout the conference and glad to share what we are focused on at Bestow! Shannon McCormack excellent job organizing such a welcoming event with a thought-provoking agenda! My key messages: - GenAI is a big part of my life because my husband is answering half of my questions with ‘have you checked what ChatGPT has on this?’ - Sidharth Sahoo thank you for providing the material for my opening 😂😘 - Jokes aside, I’m a firm believer that GenAI will be as transformative to the way we do business and live our lives as Internet once was because of accessible and intuitive this new technology is for all of us 📈🤖💻 - GenAI is already transforming customer acquisition in 3 ways as a productivity booster, growth accelerator and CAC optimizer. Both tech startups and companies across industries are working on use cases in these three categories with most tangible results in the first one. - Adoption in regulated industries like Insurance is slow - and for good reasons: training bias, lagging regulation, unexplainable nature of GenAI models are just a few to name. Those aren’t the reasons to stay away from GenAI - they are reasons to approach implementation thoughtfully and iteratively - After I left my 1 year old with my husband for two days to speak at this conference, he’ll start saying ‘chat GPT’ instead of ‘mama’ 🙃 #generativeAi #insurance #techology #insuretech #innovation #regulation

Planning to be in Austin next week for the #DigitalInsuranceSummit? Bestow's CRO Lena Chukhno🇺🇦 will be speaking on the power of #genAI for customer acquisition on Tuesday. We'd love to meet you! Please plan to join her session, or reach out to set up some time to chat.