I am delighted to be able to welcome you to the Signal website.
Signal is the leading provider of Longshore coverage and provides a unique solution
to the onerous obligations of waterfront employers under the Longshore Act.
Signal's growth since 1986 reflects the success in meeting Members' needs, and indeed,
its Membership now represents many of the leading companies in the stevedoring, shipyard
and offshore oil and gas fields, as well as other sectors of the maritime industry.
Today, Signal's Members report Longshore payrolls in excess of $2bn during the course of
the Association’s Membership Year which starts October 1.
Signal is unique because Member representatives are responsible for making executive
decisions on the Association's Board of Directors. Moreover, two times a year open Board
meetings are held to which all Members and their brokers are invited. This has ensured
that Signal's development has always been driven by the needs of the Members. I am proud
to say that today Signal is not only recognized as providing the highest level of
service, but with claims payments equaling 93% of every dollar paid by Members, it also
provides one of the most efficient claims payment mechanisms within the Longshore market.
Our intention is that this website should fulfill two goals. First, for companies who
want to learn more about Signal, it provides a way of quickly accessing key information
including, of course, how to become a Member. Second, Members are now able to access a
wide variety of real time claims and underwriting information. Furthermore, Members,
brokers and adjusters can also access a range of more detailed information about, for
example, Signal's claims management or safety services. In short, the development of
the Signal website is an ongoing process to ensure that Signal continues to provide the
highest levels of service in the Longshore Industry.
Cordell Haymon
Chairman and President
Signal Mutual Indemnity Association Ltd.