For a second consecutive year, FM Global, one of the world’s largest commercial and industrial property insurers, has won a Mansfield Award for excellence in corporate property insurance claims service in the Australian market.

When natural disaster catches a company under-prepared, the chief financial officer is increasingly on the hot seat to break the bad financial news to shareholders and investors.

In a study of more than 100 chief financial officers (CFOs) and other senior financial executives, commissioned by FM Global Australia, one of the world’s largest commercial property insurers, 45 percent said they expected their insurer will cover “most” related losses from a cyber security event, and 26 percent said they expected their carrier will cover “all” related losses.