The Problem
Insurance companies lose managed assets when funds are withdrawn through cash-outs, benefit disbursements, and required distributions. Without an effective retention strategy, insurers struggle to sustain profitability and provide lasting value to clients.
QLedgr Solution
Our nimble technology empowers insurance companies, record-keeping platforms and financial institutions to boost asset retention and memberships. Our card program gives beneficiaries instant fund access and a seamless user experience.
Competitive Advantage
We're hearing it from the industry....Providers seek tech solutions! Traditional spend cards require work for record-keepers and force large tranches of money off-platform. QLedgr serves all parties by doing the work in the background at low costs and higher returns.
How It Works
QLedgr provides stakeholders with an automated, turnkey, branded management service with our Qobalt spend card program, enabling organizations to retain assets, while granting customers instant access to funds and a better overall user experience.
Smart
For a moment, pretend you are waiting for your money to deposit into your checking account. It doesn't seem like a hassle until you're at the doctor's office and you can't cover the bill. That's why we developed a way for account holders to never wait for funds to clear again.
Fast
By eliminating uneccessary steps in the transaction process, we are closing the gap between your account holders and their money. By doing this, we are unraveling new ways their money can work for them.
"A new beachhead for wealth and liquidity to move payouts and distributions into the modern era."
Joe Hipsky, Chief Strategy Officer, IRA Logix
Leadership Team
Peter Abraham
CEO
25+ years in global operations & product management. Ectobox & Ranstad. MBA & MS, University of Pittsburgh
Dan Brumbaugh
President
20+ years in sales & digital payments. Founder - TRILIAN Commerce. Western Union, Vantiv & WorldPay. MBA, St. Joe’s & BA, Penn State
Matt Kaufman
Head of development
10+ years in Fintech software development, compliance and insurance. 35 products brought-to-mkt. BS, Duquesne University
Larry Fennell
Head of Product
50 years in info-systems & software. Led teams, launched IT products and major software implementations. MBA, Cleveland State & BS, Duquesne University