Latin American Association of Marine Underwriters – ALSUM
Specialized, dynamic and sustainable underwriting.
The mission of the ALSUM foundation is to raise the standards of marine insurance underwriting or cargo transportation in the region, through knowledge (information, discussion and education) and taking as a reference the professional practice of the most advanced markets in the world, without neglecting the reality of the Latin American environment.
ALSUM’s vision for 2019 is to consolidate its position in Latin America as the largest source of information and knowledge on marine insurance, the most prestigious entity in recommending standards, risk management practices, clauses and regulation and the most accepted and recognized certificate of suitable marine insurance underwriters in the region.
Globalized market, competitiveness, innovation and high standards.
In the digital age, easy access to information and communications, have made evident the lag which in terms of knowledge has the marine insurance underwriting in Latin America, in comparison to the highest international standards.
This reduced knowledge hinders innovation and the development of sustainable growth strategies, which may affect the market share of insurers in the region, even more when new technologies and better logistic practices are transforming the risk inherent in the cargo transportation, propitiating the demand for new insurance schemes with more and better added values.
ALSUM emerges as a response to the information and training needs of the region; as a vehicle of knowledge and as a benchmark for standardization, with the aim of facilitating the transit of Latin America towards a world-class marine insurance underwriting.