Ship-iceberg collisions are currently a hot topic of research. The modeling of iceberg material is crucial for ice mechanics, and the main objective of the present work is to propose an isotropic elastic–perfectly plastic material model to simulate the mechanical behavior of ice in a ship-iceberg collision scenario for Accidental Limit State conditions. The ‘Tsai-Wu’ yield surface model and a new empirical failure criterion were used to describe the plastic flow of iceberg material, while a cutting-plane algorithm was adopted to address the plastic stress–strain relationship. The proposed iceberg material model was incorporated into the LS-DYNA finite element code using a user-defined subroutine. Calibration of the proposed material model was conducted through a comparison with an abnormal level ice event pressure-area curve. The calculated pressure-area curve was comparable to that recommended by the International Organization for Standardization (ISO) rule. A sensitivity analysis was then conducted, and the proposed ice model was found to be more sensitive to the mesh size than to other parameters. Numerical simulations of iceberg-tanker side and iceberg-ship bow collisions were also analyzed. Moreover, the impact force and energy dissipation were examined. The results from these simulations showed that the proposed isotropic elastic–perfectly plastic iceberg material model can be employed to simulate iceberg behavior in ship-iceberg collisions under Accidental Limit State conditions.