Atlantic Casualty Buys Investment Accounting Technology

Atlantic Casualty Insurance Co. (formerly Strickland Insurance Group Inc.), a P&C company, has selected Clearwater Analytics, an investment accounting and portfolio reporting and analytics software firm, to provide consolidated investment accounting and Schedule D filings, as well as portfolio reporting and analytics on its investment portfolio.

Atlantic Casualty offers a range of insurance products, according to Clearwater, including commercial general liability, commercial package, inland marine, commercial property, boiler and machinery and commercial auto coverage distributed exclusively through wholesale agencies, and in most United States.

Clearwater says Atlantic Casualty now will have a scalable solution that can grow with the insurer and allow it to better allocate its internal resources. The company also gains a compliance monitoring and risk analysis tool, and the ability to track performance from an independent third party.

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Core systems Analytics Policy adminstration Data and information management
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