FM Global in the News

Tom Lawson, CEO of FM Global, talks to MarketWatch about the biggest misconceptions around risk assessment and mitigation.

At a time when the world is been rocked by a pandemic and resilience has never been more critical, executives must be smart about where they do business. That’s where the 2020 FM Global Resilience Index comes into play.

With a high number of idle facilities around Melbourne, a new set of risks have emerged including arson, vandalism and water damage. Find out what steps businesses can take to protect their idle facilities during lockdown.

Businesses in Australia must take proactive steps to strengthen the resilience of their facilities in flood-affected regions or risk long-term damage to the value of their operations, FM Global says.

FM Global led the way in the corporate property and casualty sector for the third year running and VP – Operations Claims Manager Andrea Garske told insuranceNEWS.com.au the latest accolade “shows we are consistently doing a good job”.

FM Global has won the corporate property and casualty category in the Mansfield Awards for the third year running.

Australia’s geographic remoteness should not prevent moves to diversify supply chains as the coronavirus outbreak highlights risks from global shocks, FM Global says.

A global survey of several hundred CEOs and CFOs at companies with $US1 billion ($1.45 billion) or more in revenue has found more than half in the Asia-Pacific region believe their companies are underprepared for climate-related financial risks.

FM Global has found that more than half of APAC’s top CEOs and CFOs say their companies are underprepared for climate-related financial risks.

The royal commission into last summer’s disastrous bushfires, dubbed the “Black Summer”, has highlighted the need for state and federal regulation intervention to bolster business resilience measures. FM Global, says its company’s data on loss prevention shows a clear correlation between taking steps to build business resilience and a reduction in loss over time.