FM

FM, formerly known as FM Global, is a leading mutual insurance company specializing in commercial property insurance and loss prevention services. Established in 1835, the company has a rich history rooted in the belief that the majority of property losses are preventable.

This philosophy has guided FM in providing tailored insurance solutions that combine property loss prevention with insurance protection. The goal is to enhance the resilience of its client-owners through proactive risk management.

Business Model and Approach

FM's unique business model centers on engineering analysis rather than traditional actuarial calculations to determine risk and premiums. This approach involves evaluating hazards and implementing risk improvement strategies to prevent potential losses.

The company's engineering personnel regularly visit insured locations to assess risks and recommend improvements. This helps reduce both physical and financial risks for clients.

Global Presence and Workforce

With a global presence, FM employs over 5,500 individuals, including more than 2,000 engineers, across more than 50 offices worldwide. The company's headquarters are located at 270 Central Avenue, Johnston, Rhode Island, USA.

Locations

FM operates additional offices in:

• Providence, RI, USA
• Norwood, Massachusetts, USA
• Los Angeles, California, USA
• Singapore
• Paris, France
• Frankfurt, Germany
• Dublin, Ireland
• Maidenhead, United Kingdom
• São Paulo, Brazil
• Beijing, China
• Hong Kong
• Bangalore, India
• Yokohama, Japan
• Seoul, South Korea
• Shanghai, China

These offices enable FM to provide localized support and expertise to clients across different regions.

Research and Testing Facilities

FM's commitment to loss prevention is demonstrated through its research and testing facilities. Its 1,600-acre Research Campus in West Glocester, Rhode Island, conducts extensive testing in fire and explosion hazards as well as hazard detection.

The testing includes observing how products burn and assessing the performance of construction components under hurricane conditions. FM also opened its first experiential risk management facility in the Asia Pacific region, the FM Global Centre, located in Singapore Science Park, empowering clients to protect their assets and improve resilience.

Conclusion

Through its engineering-driven approach, extensive global footprint, and dedication to loss prevention, FM continues to support businesses in managing property risks. It focuses on building resilience against potential losses for its client-owners worldwide.