Overview
Bestow is the leading end-to-end life insurance SaaS company partnering with top carriers to modernize and transform the way they do business. The company leverages advanced technology and data solutions to reduce costs, maximize efficiency, and drive growth by streamlining processes from origination and underwriting through administration.
Founded in 2016, Bestow originally sold term life insurance directly to consumers under the name Bestow Life Insurance Company. In 2024, the company sold that carrier to Sammons Financial Group (who renamed it Lantern Insurance Company) to focus entirely on its B2B technology platform. Today, Bestow partners with some of the most innovative carriers in the industry, proving the value of its technology to support every major product across term and permanent life products.
Bestow's proprietary platform removes traditional barriers in the life insurance process, offering a fully digital experience that eliminates the need for medical exams and lengthy paperwork. The platform supports term life, final expense, IUL, and more, and can be implemented as a full end-to-end or modular solution, giving carriers flexibility to modernize in ways that make sense for their unique needs.
Products & Services
Application Suite
A digital platform enabling life insurance carriers to launch integrated quoting, application, signature, and checkout experiences for customers and agents. The suite is completely white-labeled, keeping customers inside the brand ecosystem with single sign-on options and templates themed to each carrier's visual identity.
Key Features
- Integrated quote, illustration, and application journeys
- White-labeled customer and agent experiences
- Mobile-responsive design for any device
- Single sign-on integration
- Brand-themed templates
Target Users: Life insurance carriers, agents, consumers
Underwriting Engine
A customizable underwriting platform allowing carriers to build, test, and automate underwriting rules and processes to optimize risk assessment and decision-making. Carriers can start with an existing framework or build a custom program based on their established risk philosophy.
Key Features
- Sophisticated configurable rules engine
- Instant digital issue, referral, or full underwriting options
- Underwriter workbench interface
- Real-time medical and behavioral data access
- Full medical record retrieval (automatic or manual)
Target Users: Underwriters, actuaries, risk managers
Administration Platform
Seamless payment, billing, and policy delivery services with portal experiences for customers and support staff. Includes full TPA services trusted by top carriers.
Key Features
- Automatic digital policy delivery
- 24/7 customer portal access
- 97% self-service capability for typical service needs
- Digital claims initiation
- Administrative portal for support staff
Target Users: Policy administrators, customer service teams, policyholders
At a Glance
- Founded
- 2016
- Headquarters
- Dallas, Texas
- Employees
- 51-200
- Funding
- Series D
Category & Focus
- Category
- Core Administration
- Subcategories
- New Business Underwriting Policy Administration Digital Sales
- Insurance Verticals
- Life & Annuity
- Target Customers
- Carriers
Customers
- Nationwide
- Sammons Financial Group
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Last updated: 2026-03-25