NorthStandard Chooses Clearwater Analytics for Investment Data Management

Key Facts

Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that NorthStandard, one of the world's preeminent marine insurers, has selected Clearwater to enhance its investment operations.
The North P&I Club assets will be integrated onto the Clearwater platform to offer NorthStandard a consolidated, single lens perspective on investment accounting and reporting.
Established through the merger of North P&I Club and the Standard Club in February 2023 and 'A' rated by S&P Global, NorthStandard has a premium income around US$800M and provides cover for over 365 million GT of owned and chartered tonnage.
NorthStandard is a leading member of the International Group of P&I Clubs (IG) and is fully committed to upholding the shared objectives of its 12 independent member clubs, which provide liability cover for approximately 90% of the world's ocean-going tonnage.