Shortly after The Union Labor Life Insurance Company opened for business in 1927, the International Alliance of Theatrical Stage Employees (IATSE) union became a policyholder of this new union insurance company. Almost 90 years later, those policies are still active and covering union members. Ullico CEO, Edward Smith and Union Labor Life president Daniel Wolak, visited with IATSE's International President Matthew Loeb and General Secretary-Treasurer James Wood in May, presenting them with an award to recognize their long-standing loyalty to Ullico. Of the two policies that have been continuously renewed since 1928, one is issued to the international union and covers 22 locals, for a total of 552 members covered. The other policy is for IATSE Local 253 in Rochester, N.Y. In total, Union Labor Life has 22 life and health policies with IATSE, including one stop loss, for a total of 8,619 lives covered. Additionally, IATSE has 62 policies with Ullico Casualty Group, Inc.
As a whole, IATSE has a membership of over 130,000, and has been around since 1893. IATSE members work in all forms of live theater, motion picture and television production, trade shows and exhibitions, television broadcasting and concerts, as well as the equipment and construction shops that support these areas. Members represent a wide range of behind-the-scenes workers in this field.
In an ever-changing technological environment, IATSE is a union that continuously evolves to embrace the development of new entertainment mediums, craft expansion, technological innovation and geographic growth. Ullico is proud to have been in business for so long with this great union of hardworking men and women.