Client SuccessSecurity Mutual Group

Security Mutual Group | Selects Clearwater to Drive Improved Returns and Reduced Risk

Security Mutual has chosen the Clearwater platform to enhance performance attribution, risk analysis, and decision-making capabilities to drive improved returns and reduced risk. Operating across asset classes, multiple scenarios such as different interest rates, varying credit spreads, and volatile foreign exchange rates can all be assessed and analyzed. Additionally, the platform enables historical scenario testing to evaluate how strategies might fare under past market conditions. Combined with seamless, tailored data ingestion and aggregation, these analysis capabilities will provide Security Mutual with the tools to make confident, data-driven decisions and eliminate inefficiencies.

Market / Insurers
Starting out in 1887 as a small county cooperative with $1,273 in premiums, today, Security Mutual Insurance Company writes over $52 million in premiums. With over $142 million in assets; and over $84 million of policyholder surplus, the company provides Property and Casualty Insurance for Home and Business. Security Mutual is represented by a network of more than 400 independent agents throughout New York State.
Headquarters: Ithica, New York
1887
founded
1
consolidated reporting platform
$143M
in assets
Challenges
  • Outdated legacy systems with limited risk and shock analysis features
  • Inefficiencies in data management
  • Inadequate tools for scenario analysis
Results
  • Advanced risk management to identify opportunities that yield strong returns
  • Enhanced performance attribution that informs strategic investment decisions
  • Operational efficiency leading to confident, data-driven decisions

“Clearwater enables us to reset our approach to risk and performance with multiple use cases to simulate market scenarios and understand the repercussions of future events on the portfolio. With Clearwater, we can confidently identify opportunities that yield strong returns while keeping risk in check—a critical balance in today’s financial landscape.”

Kevin Carney, Chief Investment Officer at Security Mutual