Versicherungskammer selects Clearwater Analytics’ platform
Versicherungskammer Group, Germany’s largest public insurer, has selected Clearwater Analytics’ platform to power its middle, back office and risk functions.
Clearwater’s unified, cloud-native platform delivers comprehensive investment data management, risk, performance, accounting, and reporting capabilities—eliminating data silos and automating manual processes that impact efficiency and accuracy.
Versicherungskammer selected Clearwater after a comprehensive operating model review that began in 2024, followed by a structured selection process to identify a strategic partner.
By adopting Clearwater’s platform, Versicherungskammer gains real-time, advanced data analytics to strengthen investment decision-making and drive improved performance, enabling the group to focus on its core competencies in capital investment.
Martin Knobbe, Head of Middle and Back Office Investment at Versicherungskammer, said, “Partnering with Clearwater marks an important shift in our investment operations strategy and is central to our goal of future-proofing Versicherungskammer’s investment capabilities.
“Versicherungskammer becomes part of a platform with over 700 insurance customers, which offers considerable network advantages. This partnership allows us to focus on our core competencies, enhances data quality, supports our decision-making processes, and lays the foundations for the further development of our risk and performance management. This transition not only improves agility and flexibility of our business processes – it future-proofs the Group’s investment operations and provides us with economic advantages.”
Keith Viverito, Managing Director EMEA at Clearwater Analytics, said, “Versicherungskammer is setting a new benchmark for insurers modernizing their investment operations.
“It’s a privilege to partner with them on this transformation. Together, we’re implementing a solution that combines technology from our recent acquisitions, Enfusion and Beacon, to deliver a powerful front-to-back platform. This will modernize Versicherungskammer’s operations, significantly enhance the accuracy and timeliness of their data across all asset classes, and support their long-term growth objectives.”
The post Versicherungskammer selects Clearwater Analytics’ platform appeared first on ReinsuranceNe.ws.