Clearwater announced today that Lisa Stange has joined the company to help guide the ongoing development of Clearwater’s insurance-specific solution and services.
Clearwater is the leading SaaS solution for investment data aggregation, reconciliation, accounting, and reporting. Clearwater reports on more than $4 trillion in investments daily for many of the world’s largest insurers, corporations, investment managers, pensions, and other institutional investors.
Lisa has provided executive-level leadership to investment teams at two top-rated insurers, Homesteaders Life and EMC Insurance. Prior to that, she was portfolio manager over general account assets for Principal Financial Group for more than 18 years. Her vantage as an industry leader and influencer is greatly valuable to Clearwater as the company’s product, development, and client servicing groups identify and pursue the most critical solutions for investment teams worldwide.
Lisa is also the governor-appointed Chairman of the Investment Board of Iowa Public Employees’ Retirement System where she has set asset allocation, risk tolerance, and investment assumptions for the $35 billion public pension portfolio.
“I believe in the immense value Clearwater provides to investment teams, and have seen it first-hand,” said Lisa. “It is clear that they are deeply committed to the insurance industry, and I’m excited about what we’ll be able to accomplish together.
"Many of us at Clearwater got to know Lisa as a client — she has shared our vision from the start, and we are excited to have her on the team," said Scott Erickson, Chief Operating Officer at Clearwater. “Lisa knows the challenges faced by insurance investment teams, and how our solution can help, better than anyone. I know she’ll put that knowledge to good use and to the benefit of our clients.”