Bestow’s 2024 year-in-review, published on 20 December 2024, detailed generative-AI Underwriter Assist that parses electronic health records and attending physician statements for underwriters, alongside Recommendation Engine 2.0 for real-time approval and purchase-likelihood assessment.
One partner cited about 23% lower term underwriting cost per policy — a vendor-attributed figure. A related 4 October 2024 Bestow post quoted VP of engineering Peter Olah on generative AI parsing of complex medical records. The same year-end recap noted that Transamerica FE Express was built and launched in about seven months with a median submit time of 11 minutes.
Cost and cycle-time figures are company or partner claims unless independently attributed. Primary product detail is on Bestow’s newsroom posts for the year-in-review and generative-AI underwriting; the homepage is https://www.bestow.com/.
The announceable peg is dated 2024-12-20. Buyers should confirm scope, availability and commercial terms against Bestow's primary materials and https://www.bestow.com/.