American Equity Underwriters Welcomes Steven Ritchie as Managing Director in Seattle

American Equity Underwriters Appoints Steven Ritchie as Managing Director

On May 19, 2025, the American Equity Underwriters, Inc. (AEU), a premier provider of workers' compensation insurance for waterfront businesses, announced the appointment of Steven Ritchie as the new Managing Director based in their Seattle office. Ritchie brings a wealth of experience to AEU, having spent nearly 30 years specializing in marine insurance, with a particular focus on workers' compensation for industries related to marine construction.

Before joining AEU, Ritchie held the position of Director of USLH and Specialty Construction at Key Risk, which is part of the Berkley Group. His extensive background equips him with the necessary skills to navigate the complexities of US Longshore and Harbor Workers' Compensation Act (USLH) coverage, making him a valuable asset to the company.

In his new role, Ritchie will be responsible for fostering relationships with existing customers and insurance brokers while also working on expanding AEU’s influence in the West Coast market. His relocation to Seattle further signifies AEU's commitment to enhancing their footprint in that region, aiming to improve support for maritime employers.

Chief Commercial Officer Winchester Thurber expressed confidence in Ritchie’s capabilities, stating, "Steven's deep understanding of the complexities surrounding USLH coverage makes him an outstanding addition to our team. Having him based in Seattle underscores AEU's ongoing commitment to the West Coast as we expand our presence and enhance the support we provide to maritime employers in the region."

AEU operates as a program administrator for American Longshore Mutual Association Ltd., a self-insurance fund recognized by the U.S. Department of Labor that caters to waterfront employers across all 50 states. The company is headquartered in Mobile, Alabama, and prides itself on offering exemplary services, which include claims handling, loss control, and longshore consulting. By integrating Ritchie’s expertise, AEU aims to continue delivering top-notch services that meet the unique needs of their clients in the maritime industry.

As AEU continues to strengthen its position in the marine insurance sector, the addition of Ritchie is viewed as a strategic move towards fostering a robust presence in areas critical to waterfront operations. With a clear focus on customer service and expanded outreach efforts, AEU remains dedicated to supporting its clients through innovative solutions and expert advice.

For more information about AEU, feel free to visit their website at amequity.com or reach out via phone at (866) 238-8754. Stay connected with AEU on Facebook and LinkedIn for the latest updates and insights into the world of maritime insurance.

Ritchie’s appointment signifies a pivotal moment for AEU, marking the beginning of a new era aimed at enhancing the operational effectiveness and satisfaction of waterfront employers in the United States. With his leadership, AEU is poised to tackle the challenges ahead while continuing to uphold high standards in the insurance domain, proving once again their commitment to excellence in the industry.