News Releases

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.

FM Global, one of the world’s largest commercial property insurers, has invested US$1 million in RiskGenius, an insurtech startup company that applies artificial intelligence (AI) and machine learning to automate underwriting processes.

Numerous libraries, museums, palaces and cathedrals have recently gone up in flames while lacking common fire protection mechanisms, which are often dismissed out of concern for architectural authenticity and potential water damage, according to a new white paper from FM Global.

Of FM Global's 232 large risk losses last year, 65 were the result of equipment breakdown resulting in 28 percent of the company's losses across all industries in 2018 based on gross loss dollar amount.

Lithium-ion battery-based energy storage systems (ESS), in high demand for supplying energy to buildings and power grids but under scrutiny for recent fires and explosions, are the focus of new fire protection and installation guidance from FM Global, one of the world’s largest commercial property insurers.

FM Global, one of the world’s largest commercial and industrial property insurance providers, has today released the 2019 edition of the FM Global Resilience Index to help business decision makers across the globe make more informed strategic choices when it comes to their enterprise resilience.

FM Global have estimated that to meet the funding obligations to the fire and emergency services a rate of 30.5% will need to be applied to all assessable NSW premium effective 30 June 2019.

FM Global, one of the world’s largest commercial property insurers, intends to hire more than 60 seasoned engineers this year who will focus full time on helping clients prevent boiler and machinery-related (B&M) losses.