Clearwater On Island

Clearwater's Annual Event in Bermuda

May 9
Hamilton Princess

…until we see you on the island!

Sorry we missed you this year! We will be back in November; watch for your invite.

Join Us for this Annual Event! 

The 2019 Clearwater On Island will be held May 9 at the Hamilton Princess, with presentations starting at 2:30 p.m. followed by a reception aboard UberVida Yacht.

Clearwater is dedicated to helping Bermuda-based investment accounting teams connect to share common industry challenges and discuss efforts made to solve them. This annual event gives you the opportunity to join your peers for an afternoon of networking, lively discussion, and refreshments.

Schedule - Educational Sessions and Reception

Educational Portion | 2:00 – 5:00 p.m.
Reception | 5:30 – 7:00 p.m.

Spend an afternoon with your peers at this exclusive event, featuring discussion on industry topics, market insights, and how investment accounting efficiency can be improved through new technology.
May 9 | Clearwater on Island | At a Glance
Agenda Item
2:00 – 2:30 p.m.
Check in and network with your peers
2:30 – 2:45 p.m.
Welcome and introductions
Sandeep Sahai
2:45 – 4:15 p.m.
Regulatory updates
**New credit losses model updates
Rhead Hatch
**Investment accounting updates
4:20 – 4:40 p.m.
Product roadmap discussion
4:45 – 5:00 p.m.
Closing remarks
Tom Lee
5:00 – 5:20 p.m.
5:20 – 5:30 p.m.
Board UberVida Yacht for the reception
5:30 – 7:00 p.m.
Enjoy hors d’oeuvres and cocktails aboard the UberVida Yacht

**CPE available with this presentation


Sandeep Sahai

Sandeep Sahai
Chief Executive Officer
Clearwater Analytics

Rhead Hatch, CPA

Rhead Hatch, CPA
Product Owner, Accounting
Clearwater Analytics

Tom Lee

Tom Lee
Insurance Team Lead
Clearwater Analytics

Complete to Register for Clearwater On Island


Presentation and User Group Information

New Credit Losses Model Updates

The Accounting Standards Update 2016-13, Financial Instruments — Credit Losses, will introduce major adjustments to the way credit losses are accounted for, and many insurance companies are expected to face operational challenges applying this guidance.

Included in the update is a new expected credit loss accounting standard that introduces the current expected credit loss (CECL) model effective for SEC filers for fiscal years beginning after December 15, 2019.

This session will provide details on the update, some of the operational challenges that may come from it, and tips to prepare now for what’s to come. 

Learning Objectives:

  • Understand the bigger picture of how upcoming investment accounting regulations may affect the insurance industry 
  • Discuss best strategies for applying this new guidance
  • Learn how CECL could impact your accounting and investment teams

Additional Information:

  • Field of study: Specialized Knowledge
  • Total number of CPE credit: 1.0
  • Cost: complimentary
  • Delivery method: group-live
  • Program level: basic
  • Advanced preparation: none
  • Who should attend: insurance investment and accounting professionals
  • Prerequisites: none

Clearwater Analytics is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

For more information regarding CPE credit, concerns, and cancellation policies, please contact Hailey Margaritov.


A Toast to You!

Reception | 5:30 – 7:00 p.m.

Following the user group and educational portion of the event, join Clearwater for a reception. Take in the ocean scene and enjoy hors d’oeuvres and cocktails while chatting with your peers and Clearwater team members.

We will board UberVida promptly at 5:30 p.m. at the Hamilton Princess docks and plan to return to the docks at 7:00 p.m.

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