Latest News from Signal
Please take notice of our revised plans for our August Annual General Meeting
June is National Safety Month!
Throughout the month of June, we will be providing you with valuable resources, tools and celebrating safety successes across our Membership. Follow us on Twitter and Linked In for frequent updates and also visit our Safety page to view all of our resources. Click here to head over to our safety page.
Signal Spring Bulletin Now Available!
We are excited to provide you with our Spring Bulletin, containing a summary from our April Board Meeting and updates from around the Mutual. Head over to our News Center to view this resource.
Thirty-five years ago in Bermuda, a few enterprising waterfront employers came together to forge a mutual to save on the cost of their workers' compensation. Signal Mutual was formed and the savings continue today with over 250 Members. All key performance indicators are at all-time highs and are projected to grow, with the principal focus on the safety of Members' employees.
At Signal, we pride ourselves in having a close personal working relationship and partnership with all our Members. We are committed to getting to know each and every one of you. At the heart of this commitment, are the two Membership meetings held in winter and summer each year. These business meetings are carefully designed and structured to give every Member an opportunity to fully understand the complete workings of their Mutual, to follow the finances, and to get acquainted with the entire Board of Directors, management team, and fellow Members.
Signal is the number one provider of Longshore workers’ compensation in the country for a reason – the strength and quality of the Membership. Signal is not an insurance company – it is a Club, your Club.
We look forward to seeing you at the next Membership meeting.
Richard W. Wood
President & CEO
MARITIME CONFERENCE - RESCHEDULED
Nov 2-4, 2020
Hilton Norfolk The Main
Norfolk, VA
ANNUAL GENERAL MEETING - Will be held virtually
Our Annual General Meeting will still take place on August 7, 2020, however it will be 100% virtual. We will be sending details out in the coming weeks on this event, in the interim we ask that you continue to hold this date in your calendars.
Signal Mutual Indemnity Association Ltd was established in January 1986 to meet the demands of the stevedoring industry for reasonable and stable workers' compensation insurance rates, and quickly became the premier Longshore mutual in the United States.
The Membership of the Association is drawn from a broad range of employers throughout the country in the stevedoring, shipbuilding/ship repair, marine construction, professional/technical and offshore industries with reported Longshore payrolls over $4.00 billion representing over 250 companies.
The business of the Association, including membership selection, underwriting, safety resources, claims management, actuarial, regulatory requirements and financial risk management is performed by the Association's Managers, Charles Taylor (Hamilton). The day to day responsibility for these operations has been delegated to Charles Taylor's affiliate, Signal Administration, with offices in Dallas Texas, Wilton Connecticut, and Long Beach California.