About AEU

We understand the importance of partnering with the right USL&H provider. AEU provides services to members of ALMA including claims handling, loss control, underwriting, longshore consulting, and leadership training.

At AEU, we do things differently.

The American Equity Underwriters, Inc. (AEU) is the program administrator of the American Longshore Mutual Association, Ltd. (ALMA), a group self-insurance fund authorized by the U.S. Department of Labor to provide USL&H coverage for the liabilities of its members under the United States Longshore & Harbor Workers’ Compensation Act.

With decades of experience in the maritime industry and a strong commitment to our members, AEU is the leading specialist in USL&H. We’ve helped make safety a priority for waterfront employers for 25 years — and we’re determined to help our members continually reduce risks for the benefit of their employees and our industry as a whole.

When you become an ALMA member, you join a family of industry experts with decades of experience and a passion for longshore. In addition to our unique claims, loss control, and underwriting services, our members are provided with the resources and services they need to stand out as leaders — and as a result, we stand out as the preferred USL&H provider.

Shipbuilders, ship repairers, marine terminal operators, stevedores, marine contractors, and other waterfront employers may apply for ALMA membership through their insurance broker.

The leader in longshore for 25 years.

1800+

Waterfront employers trust AEU with their USL&H needs

Nearly $6 billion

Total payroll (including State Act) of members

97.3%

Member retention rate

25 years

providing USL&H to waterfront employers

$197.1 million

Total annual premium contributions

#1

Provider of USL&H coverage by member count

Longshore is in our DNA.

AEU was originally a wholly-owned subsidiary of a large and well-established U.S.-based maritime service company. At a time when insurance companies were steadily increasing costs while decreasing services that would help control those costs, we at AEU believed the maritime industry would be more justly served by an insurance provider that operated under a mutual structure, designed to protect and strengthen the membership rather than serve stockholders.

With this mission in mind and a firsthand understanding of waterfront employers’ needs, the American Longshore Mutual Association, Ltd. (ALMA) was founded in 1997, with AEU providing administration services including claims handling, loss control, and underwriting. As ALMA grew, we added longshore consulting and leadership training to AEU’s services.

2016

Jun 29, 2021, 03:33 AM

3846 comments

The AEU LEAD® program launches a series of workshops for ALMA members. We also launched a dedicated medical management unit to seek new ways to drive down the costs of claims through contract negotiations, provider management and more.

Title : 2016

Date : Dec 31, 2016, 06:00 AM

3846 comments

Leadership

AEU's leadership team is comprised of seasoned professionals from both the maritime and insurance industries.

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Careers

Named one of the Best Companies to Work for in Alabama for the past six years, AEU has proven that the culture and leadership of our organization are among the best.

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About AEU

About AEU

At AEU, we do things differently.

The leader in longshore for 25 years.

1800+

Nearly $6 billion

97.3%

25 years

$197.1 million

#1

Longshore is in our DNA.

2016

3846 comments

Leadership

Careers

ALMA Member Resources