Case Study: CopperPoint Mutual Insurance Company achieves faster month-end closes and complete portfolio visibility with Clearwater Analytics

CopperPoint Mutual Insurance Overcoming More than Everyday Investment Accounting Challenges

CopperPoint Mutual Insurance is Arizona’s premier workers’ compensation carrier, serving nearly 25,000 policyholders and about 30% of the state market. When CopperPoint converted from a public, tax‑exempt entity to a private mutual, the company faced major accounting and tax-reporting changes for its complex $3B investment portfolio—exacerbated by manual processes, disparate systems for accounting, performance and risk, and slow month‑end closes.

CopperPoint implemented Clearwater Analytics’ web‑based, integrated investment accounting and reporting platform, gaining daily portfolio visibility, automated reconciliations, and a single system for performance, risk and compliance. The switch cut month‑end close times by 10–11 days, improved accuracy and regulatory responsiveness, delivered scalable support for growth and new asset classes, and provided dedicated customer service and continuous product updates.

CopperPoint Mutual Insurance Company

Chad Welborn

Chief Investment Officer