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.
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.
Video: Our Story
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.
2022
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