SIGNAL
MUTUAL INDEMNITY ASSOCIATION LTD Established
in January 1986 to meet the demands of the stevedoring industry for reasonable
and stable workers compensation
insurance rates, Signal Mutual Indemnity Association is
now the largest provider of Longshore benefits in the country.
Authorized
by the Department of Labor as a group self-insurer, Signal is a Bermuda domiciled,
non-profit mutual organization,
dedicated to the service and support of its employer Members.
The Membership
of the Association is drawn from a broad range of employers throughout the country
in the stevedoring,
ship repair and offshore industries with reported Longshore
payrolls in excess of $1 billion representing over 200 companies.
The business of the Association, including Membership
selection, underwriting, safety resources, claims management, regulatory
requirements and financial management is performed
by the Associations Managers, Charles Taylor (Hamilton) Ltd, Bermuda.
The day to day responsibility for these operations has been delegated to Charles
Taylors offices in Dallas and Houston, Texas
and Wilton, Connecticut.
The
policy guidelines for the Association are drawn up and monitored by the Board
of Directors composed of senior industry
representatives from the Membership, which reflects a diversity
of management and industry backgrounds. The Associations
affairs are governed in accordance with its Bye-laws
and Rules, which set out the extent of coverage available to Members.
T H E
A S S OC I AT I O N
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