Case Study: Cumberland Insurance Group achieves automated investment reporting and faster month-end closes with Clearwater Analytics

Cumberland Insurance Group Historic Insurer with Modern-Day Investment Challenges

Cumberland Insurance Group, a mutual property & casualty insurer founded in 1844 with about $325 million in assets and over 100,000 policyholders, faced slow, opaque investment accounting: manual data entry and reconciliations were time-consuming and caused delays in month‑ and quarter‑end reporting, limiting transparency for finance and executive management.

By implementing Clearwater Analytics’ web-based investment accounting and analytics, Cumberland automated reporting and daily reconciliations, integrated accounting, performance, compliance, and risk data, and gained clearer, aggregated portfolio information for faster month‑end closes and streamlined board book preparation—backed by responsive customer support.

Cumberland Insurance Group

Neal Pierce

Treasurer and Director of Finance, Cumberland