Clearwater to Present Findings of Landmark Insurance Peer Benchmark Survey at IASA Conference


Interest Rate Environment, Market Performance, and Operational Efficiency Among Chief Concerns for Insurance Investment and Accounting Professionals

INDIANAPOLIS, Ind. – IASA 2014 Annual Educational Conference and Business Show – June 9, 2014 — Clearwater Analytics, a leading provider of integrated, web-based investment accounting and reporting solutions, has announced that it will be presenting key findings of its landmark “Insurance Investment Peer Benchmark Survey” at the IASA 2014 Chief Investment Officer Roundtable Series on Monday, June 9.

The presentation will reveal the results of the survey, which polled insurance financial and investment executives on a range of investment-related topics, including new asset class strategies, reporting processes, operational challenges, data accuracy, and more. Attendees will be presented with detailed analysis from the survey and will learn about key themes, trends, and best practices.

Key findings of the 2014 Insurance Peer Benchmark Survey, which generated nearly 400 responses from insurers across all segments (health, P&C, life, RRG, title, fraternal, multi-line), include the following:

  • Over 42% of insurers rank the “Interest Rate Environment,” followed by “Market Performance” (28%), “Operational Efficiency” (19%), and “Credit Risk and Compliance” (11%) as their biggest investment-related concerns in 2014 and beyond
  • 53% of respondents claimed they analyze portfolio performance on a monthly basis, while only 15% analyze it daily or weekly
  • 60% of respondents think that interest rates will be increasing over the next one to three years

“The benchmark survey presentation at the CIO Roundtable Series will provide investment executives with valuable insight into how their peers are investing, how they are managing and accounting for their portfolios, and what types of processes and strategies are most effective for investment accounting and regulatory reporting,” said Tyler Haws, Director of Business Development and Sales at Clearwater. “Clearwater is more than just a powerful investment accounting and reporting solution. Clearwater is driving the conversation about investment accounting best practices, the ever-changing regulatory reporting environment, and the future of the industry. We’re excited to present the survey results to insurance investment executives at the CIO Roundtable.”

In the Accounting, Risk Management, and Finance track at the conference, Clearwater Product Owner Zach Brown, CPA, will team with Tip Tipton, Accounting Policy Analyst at Thrivent Financial for Lutherans, to present “Recent Investment Accounting and Reporting Updates.” The presentation will provide a detailed review of the most important regulatory updates and STAT and GAAP guidance changes related to insurers’ investment portfolios.

In addition to these presentations, Clearwater will be participating in the Investment Management Systems Vendor Connect Tour on Monday, June 9, and the Accounting, Audit, and Consulting Systems Vendor Connect Tour on Monday, June 9. Members of the Clearwater team will also be at booth #1107 to give live demos and provide further information about products and services.

Finally, Clearwater will also host a private reception on Monday, June 9, at the Indianapolis Colts’ home turf, the Lucas Oil Stadium. The stadium is just a six-minute walk from the Indianapolis Convention Center. For more information, or if you are interested in attending, please visit the Clearwater booth.


About Clearwater Analytics

Clearwater Analytics® is the leading provider of web-based investment accounting, reporting, and reconciliation services for corporate treasuries, insurance companies, investment managers, and financial institutions. Clearwater aggregates, reconciles, and reports on over $1 trillion in assets across 25,000+ accounts daily. For over a decade, Clearwater has helped clients such as Group Health Companies, The Main Street America Group, Savings Bank Life Insurance Company of Massachusetts, CopperPoint Mutual Insurance Company, The Warranty Group, and WellCare streamline their investment and accounting operations. With offices in New York, New York; Boise, Idaho; and Edinburgh, U.K., Clearwater remains committed to continuous improvement of the solutions we are providing to current clients, while encouraging prospective firms to rethink how they approach their investment accounting and reporting challenges.