New offerings will also improve reporting for credit rating agencies

Clearwater Analytics has updated its investment reporting services for insurers.

The web-based investment accounting and reporting solutions firm announced the availability of several new features and reports for reporting on growing asset classes, identifying portfolio risks and increasing automation for insurers.

Clearwater has also added new services to improve annual reporting for credit rating agencies.

Clearwater manager of insurance solutions Richard Pullara said: “Insurance companies have traditionally struggled to complete credit rating reports because they have difficulty getting data and they rely on manual processes. With the addition of these reports, insurers will be better equipped to produce optimal survey reporting.”

Clearwater director of client services and product management Scott Erickson said: “Clearwater’s number one priority is to address the needs of its clients. As the only integrated investment portfolio reporting and analytics solution, Clearwater continues to lead the way by providing insurance clients with new and enhanced functionality every month to ensure that they have the tools needed to provide accurate and timely reporting.”