FM Global is a leading multinational insurance company specializing in property insurance and related services. Founded in 1835, FM Global is headquartered in Johnston, Rhode Island, USA, with offices in over 110 countries around the world. The company provides property insurance and risk management services to more than 10,000 customers in 120 countries and territories globally.
FM Global’s philosophy is based on managing clients’ costs and minimizing loss rather than transferring risks. The company’s core business is to help prevent losses and provide value-added consulting services to protect a client’s assets. FM Global’s preferred approach is to use engineering principles, such as fire protection, safety, security and operational efficiency, to minimize potential risks. With a commitment to safety and innovation, FM Global is constantly updating and expanding its product line to provide businesses with the latest risk-management solutions.
The company is well known for its strong underwriting standards. Its network of engineering staff can provide property risk reports, analysis and valuable insights on the best ways to prevent losses. Customers have the confidence in doing business with FM Global because of its reliable customer service and excellent customer satisfaction. The company also provides a variety of specialized services to help its clients effectively manage and control their financial exposures.
FM Global uses a flexible and broad approach to assessing risk, with emphasis on safety and loss prevention. This involves not only addressing risks associated with property damage, business interruption and other risks, but also exploring opportunities to improve the customer’s financial stability. This approach allows FM Global to provide comprehensive property insurance to large businesses, small companies and organizations across the globe.
In the last few years, FM Global has made significant investments in new research and development programs. This includes the development of new products, technology and processes. The company’s staff of professionals receive extensive on-the-job training and benefit from continual learning opportunities. This allows FM Global to stay ahead of the risks and capital requirements of their clients.
As a customer-focused insurer, FM Global has developed its own methodologies, modeling tools and analysis processes that are exclusively tailored to the needs of its customers. This includes providing a highly secure, user-friendly policy management system, unique to the industry. It also aims to reduce paperwork and save time and money for their clients.
Building on successful performance since its inception, FM Global is continuing to grow into new areas of the industry, including environmental and energy risks, engineering liability and cyber risk. As a respected global leader, the company sets the standard for superior service and, ultimately, long-term customer satisfaction.
