ALSUM and IUMI: a partnership that strengthens both sides of the global marine insurance community

ALSUM becomes a permanent member of IUMI, strengthening Latin America’s representation within the global marine insurance arena. This step is the result of years of collaboration and technical exchange between both organizations. The membership provides greater access to knowledge, training, and international connections, reinforcing the region’s strategic role in the sector.

Photo taken during the XIII Latin American Marine Insurance Congress 2025 in Cartagena. Photograph: Camilo Sánchez

In a sector as international and fast-evolving as marine insurance, a region’s strength is measured not only by its expertise, but also by its global connections. This year, ALSUM marks an important milestone by joining the International Union of Marine Insurance (IUMI) as a permanent member—an achievement that elevates Latin America’s voice within the global marine insurance community.

This achievement is by no means accidental. For years, ALSUM and IUMI have cultivated a collaborative relationship: ALSUM has contributed data and insights on the marine insurance landscape in Latin America, while IUMI has opened its technical committees to ALSUM observers. This exchange has allowed both institutions to learn from one another, 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 members, the benefits 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 position within IUMI opens valuable international connections and ensures that Latin America actively contributes to the global marine insurance agenda.

ALSUM’s inclusion also brings clear benefits to IUMI. As the only regional association representing the vast and diverse Latin American market, ALSUM provides IUMI with a more accurate, structured, and comprehensive view of 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 the technical advantages, 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 diversity of viewpoints.

As ALSUM enters 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 landscape.

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