In a sector as international and fast-evolving as marine insurance, the strength of a region is measured not only by its expertise, but by its global connections. This year, ALSUM marks a significant milestone by joining the International Union of Marine Insurance (IUMI) as a permanent member — a development that elevates Latin America’s voice within the worldwide maritime insurance community.
This achievement is far from accidental. For years, ALSUM and IUMI had cultivated a collaborative relationship: ALSUM contributed data and insights on the Latin American marine insurance landscape, while IUMI opened its technical committees to ALSUM observers. This exchange allowed both institutions to learn from each other, build trust, and understand the increasingly strategic role of Latin America. Full membership, therefore, is the natural evolution of a partnership forged over time.
For ALSUM’s members, the advantages are clear: access to global technical knowledge and market data strengthens underwriting and other marine disciplines, while expanded training opportunities enhance professional development. At the same time, ALSUM’s place within IUMI opens valuable international connections and ensures Latin America contributes actively to the global marine insurance agenda.
ALSUM’s incorporation also brings distinct benefits to IUMI. As the only regional association representing the vast and diverse Latin American market, ALSUM offers IUMI a more accurate, structured and comprehensive window into a region that is increasingly relevant to global trade. Through ALSUM, IUMI gains access to consolidated market data, regional insights and emerging trends that strengthen its statistical reports, technical debates and policy discussions.
Beyond technical gains, alignment with IUMI strengthens ALSUM’s governance and regional representation. As a bridge to the global marine insurance forum, ALSUM will bring Latin America’s perspectives and data into a dialogue that increasingly values diverse voices.
As ALSUM steps into this new chapter, the message is clear: Latin America has much to contribute. And, together with IUMI, we will ensure that its voice resonates across the global marine insurance arena.
