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Commercial property insurer FM Global to donate US$1 million to COVID-19 pandemic relief efforts worldwide

SYDNEY, AUSTRALIA — FM Global, one of the world’s largest commercial property insurers, whose clients include 1 of every 3 Fortune 1000 companies, is making pandemic relief donations totaling US$1 million worldwide in the communities where its employees work and live. The company will contribute US$50,000 (AU$75,000) to local nonprofit organisations chosen by each of FM Global’s 20 operations offices around the world.

Additionally, for all personal contributions made by FM Global employees and retirees to COVID-19 relief efforts, the company will double match each donation.

“We went through a fairly rigorous process to decide where we would make a donation. The first priority was ensuring that our contribution is meaningful for those in society who need it. We also aligned with causes supported by our clients, with the hope that together our donations can truly make a difference," said Greg Duncan, Vice President - Client Service Manager, FM Global Australia. “Each of these fantastic organisations has an impact in areas that we felt were really important to support at this time. These donations, which are part of a larger US$1 million contribution at a global level, speak to our culture as a mutual company. Where possible we want to help the wider community, not just our own business, and we hope to continue supporting those who need it most beyond COVID-19.”

About FM Global

Established nearly 200 years ago, FM Global is a mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its client-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organisations. They work with FM Global to better understand the hazards that can impact their business continuity in order to make cost-effective risk management decisions, combining property loss prevention with insurance protection.