Bestow Partners with Transamerica to Enhance Financial Protection Offerings

Transamerica and Bestow now offer customers an intuitive digital platform with enhanced self-service options for Transamerica’s life insurance products.  Together, we have aligned behind the mission to empower people to create a better tomorrow through saving, investing, and protecting their loved ones.

The Bestow platform simplifies the insurance application process for customers and agents and, in most cases, speeds up the process from application to decision to less than ten minutes. The partnership will allow Transamerica to provide new products, including new final expense offerings, with enhanced customer experience while focusing on quality financial products that help bring people peace of mind.

 “We are so excited that Bestow will be building out a platform putting Transamerica customers in the driver’s seat,” said Andrew DeMarco, Head of Life Solutions at Transamerica. “Powered by Bestow technology, Transamerica will be able to enhance not only the way we engage new customers – online and in minutes – but also how we provide service throughout the policy lifecycle.”

Transamerica’s partnership with Bestow will offer customers and insurance agents a streamlined application experience to reach underserved customers. The new customer digital footprint will also enhance Transamerica’s ability to support customers after they have purchased a policy.

The collaboration with Bestow is part of Transamerica’s strategy to accelerate growth and build America’s leading middle market life insurance and retirement company.