Stream

Stream is a US-based financial services company founded in 2021. Its mission is to make life insurance a smarter financial tool. Its flagship product, the Stream Plan, helps high-income earners use bank financing to fund cash-value life insurance.

Stream faced two key challenges: scaling its operations and enhancing the user experience. Their quoting process took up to three days, causing delays for agents and slowing down the client onboarding process. IMOs demanded a modern technical solution to support Stream’s growth by attracting more agents and expanding their client base.

In 2.5 months, we developed a comprehensive insurance portal to streamline the entire application process for agents and clients. The portal supports user roles like Admin, Agent, and Client and handles everything from onboarding and quoting to enrolment and policy management.

Key features include real-time quoting with PDF generation, seamless API integration with the insurance carrier National Life Group, and robust user management. The solution meets critical non-functional requirements like HIPAA compliance.

In just 14 weeks of discovery, design, and development, we reduced quote processing time from 3 days to just 5 seconds, built a scalable insurance portal that handles the entire underwriting process, and helped Stream attract major IMOs and unlock new distribution channels for growth.