Whether it's a feature article on our groundbreaking research or an interview with one of our industry leaders, FM Global is frequently in the news. From here, you can read recent news reports and informative articles written by or featuring commentary from company experts.
Lithium-ion battery-based energy storage systems (ESS) are in increasing demand for supplying energy to buildings and power grids. However, they are also under scrutiny after a number of recent fires and explosions. To increase awareness of what can be done to improve safety around this technology, commercial property insurer FM Global has publicly released groundbreaking research and recommendations.
A recent survey by Pricewaterhouse Coopers found that Australian CEOs view cybersecurity risks as their greatest threat to business growth. Yet many mining executives are reporting that it would take a “catastrophic” cyber incident for industry to act and build adequate cyber resiliency.
As Australia drives towards 24 per cent renewable energy generation this year and up to 50 per cent by 2030, the challenge of managing evolving risks becoming more urgent. We expect to see even more gas turbines modified or upgraded to cater for this change in the generation mix. New gas turbine technology coming to market is increasing resilience by allowing existing turbines to be operated in peaking mode, cycling mode and fast starting mode.
FM Global's Lynette Schultheis, operations senior vice president and Australia operations manager, has been named to Insurance Business magazine’s inaugural ‘2020 Global 100’ list, which acknowledges “the very best the industry has to offer.”
After more than 30 years in the industry – including lengthy stints in both the US and the UK – FM Global exec Lynette Schultheis is easily among the most experienced insurance professionals currently operating in the Australian market.
Research from insurance giant FM Global has found that the risk of equipment failure has been rising in recent years – and it seems there’s no sign of it stopping in the near future. According to a new study from the international insurer, equipment failure is a ‘top concern’ for 70% of large organisations and a ‘high concern’ for a further 24%.
The Insurance Business Global 100, published for the first time this year, features professionals from Australia, the US, Canada, New Zealand, Asia and the UK. Twenty local insurance professionals have been included among a global list of movers and shakers after Insurance Business tapped into six international markets to create the impressive line-up.
Insurance Business is the industry’s one true global publication reaching six different markets to bring insurance brokers, insurers, underwriters and other industry professionals insights from some of the biggest names the sector has to offer. Leaning on this unique perspective, they have put together what they believe is the ultimate list of the industry’s finest with the first annual Insurance Business Global 100.
Ziad Alex Tadmoury relocated to Singapore in August, taking on the role of APAC division manager for FM Global. An insurance veteran with more than 30 years’ experience, he describes the Asia-Pacific market as particularly interesting “the macro-economics of the Asia-Pacific region make this a very different and exciting market”.