Partnerships in Prevention

FM Global Success Stories highlight a broad range of challenges that confronted our clients and how they found successful solutions by working closely with
FM Global.

Explore how three FM Global clients—Cobham plc, EMC Corporation and E. & J. Gallo Winery—discuss the importance of achieving business resiliency in an uncertain world. All three are featured in short documentary videos produced for the 2013 FM Global Annual Report.

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Genzyme

Challenge

A rapidly growing and diversifying company, Genzyme faces significant business interruption exposures and must continually evaluate processes, such as where to store intermediate and finished products in order to mitigate stockpiling.

Solution

FM Global presented possible risk scenarios and the impact of potential losses and proposed a low-cost way to reduce Genzyme's risk by using other locations as backup facilities for inventory or work-in-process.

Benefit

Genzyme and FM Global greatly improved business interruption cost calculations for facilities worldwide that are increasingly interdependent.

» Download (279KB, PDF)

Gannett

Challenge

Gannett is located in the heart of the hurricane-prone southeastern United States. In the fall of 2005, Hurricane Katrina and Rita devastated the Gulf Coast.

Solution

In 2004, FM Global conducted on-site risk evaluations of several new Gannett facility projects and found that the roofs had not been properly installed and would not withstand a powerful storm. FM Global quickly developed a retrofit para and recommended that the contractor return and implement the changes.

Benefit

Within a month the roof was repaired. Later that year, four major hurricanes barreled through the Florida area, but Gannett weathered them all with virtually no property damage.

» Download (120KB, PDF)

International Paper

Challenge

After Hurricane Andrew struck International Paper facilities in 1992—International Paper needed to assess their risks and evaluate them based on the type of risk and amount of money available to implement paras.

Solution

International Paper worked closely with FM Global to identify areas of its Pensacola facility that required structural improvements to prevent catastrophe—specifically from hurricanes. Among the recommendations, FM Global advised using flashing, nailing down corners, and in some cases, whole roof replacement.

Benefit

In 2004 and 2005, Hurricane Ivan and Hurricane Dennis came barreling through Florida hitting the Pensacola facility head-on. The Result? Minimal damage.

» Download (399KB, PDF)

Tenaska

Challenge

Operating in a specialized industry—electric energy generation—Tenaska required business interruption insurance with high limits and low deductibles designed to mirror the provisions of their customers.

Solution

Tenaska relied on FM Global for their ability to thoroughly understand Tenaska's unique industry requirements and provide them with a customized policy that addressed their specific needs.

Benefit

Tenaska is now confident they have a partner who can work though tough issues with them and create unique paras.

» Download (295KB, PDF)

Tyco

Challenge

In 2004, Hurricane Frances, Ivan and Jeanne were causes for great concern for most businesses in Florida, including Tyco.

Solution

Tyco brought in FM Global to help assess and mitigate the risk to their facilities. Among many recommendations, FM Global advised Tyco to secure its roofs on their main manufacturing plant.

Benefit

Tyco successfully implemented the improvements right before another storm arrived. The storm caused significant damage to the immediate area, while Tyco facilities were virtually unscathed.

» Download (134KB, PDF)

Albany International Corp.

Challenge

Considered the nation's most expensive natural disaster, Canada's notorious 1998 freezing rainstorm poured nearly 4 in. (10cm) of solid ice on everything in its path from Ontario to New Brunswick, including Albany International Corp's Quebec facility.

Solution

Albany International Corp. relied on its business property insurer and loss prevention advisor, FM Global, to help the company put measures in place to prepare for a worst-case scenario and minimize downtime as a result.

Benefit

Albany International Corp. was fully operational within 10 days.

» Download (851KB, PDF)

BIC Group

Challenge

As BIC began consolidating its manufacturing operations globally, it became critical to protect BIC facilities to the greatest extent possible.

Solution

Already a client of FM Global, BIC decided to expand their relationship and let FM Global handle 100 percent of their property insurance allowing them to deal with one company and one philosophy—worldwide

Benefit

FM Global takes the time to understand BIC's manufacturing operations and helps meet their objectives of keeping the company operating and continuously improving its loss profile.

» Download (105KB, PDF)

CEMEX

Challenge

CEMEX acquired a new company—RMC Group, the world's largest supplier of ready-mix concrete—and needed to set up a property loss prevention seminar in each location.

Solution

CEMEX looked to FM Global's worldwide network of service partners to help them conduct property loss prevention seminars around the world and traverse cultural barriers.

Benefit

FM Global was able to eliminate virtually any local bias enabling the dissemination of CEMEX's property loss prevention philosophy to all their global locations. This global network model also ensures the local carrier follows FM Global's form, service and procedures. And policies are issued on a timely basis and cash flow is handled efficiently.

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Cintas Corporation

Cintas Corporation provides highly specialized services to businesses and has several locations in the hurricane-prone southeastern United States.

When a storm develops, Cintas turns to its insurer and property loss prevention advisor, FM Global, to send the latest storm tracking information, projecting where the hurricane will make landfall and provide appropriate recommendations to mitigate loss.

Benefit

Cintas is able to identify locations in the projected path of hurricanes and take appropriate action, such as removing items from the floor in case of flooding and parking box trucks in front of large windows and doors to prevent wind and debris damage.

» Download (139KB, PDF)

Ocean Spray

Challenge

Located on the coastline of Florida, Ocean Spray was concerned about the eventuality of a hurricane hitting their processing operations. If a power loss were to occur, Ocean Spray stood to lose US$75 to US$100 million of product.

Solution

Prior to the hurricanes, FM Global conducted an on-site evaluation of the facilities and recommended Ocean Spray secure sections of their buildings most vulnerable to high winds and purchase back-up portable generators for a modest cost.

Benefit

In 2004, when Ocean Spray facilities took a direct hit from two of the four devastating hurricanes that struck the Florida coastline, their facilities sustained only superficial damage and continued to operate.

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TRW Automotive

Challenge

TRW has recently expanded its production capabilities to other parts of the world—like China—where there is a real need to overcome risk management paras, such as protecting the continuity of TRW's operations.

Solution

TRW turned to its business property insurer and loss prevention advisor, FM Global for loss prevention engineering advice and coordination in managing risk in multiple facilities across the world. The worldwide presence of FM Global helped TRW translate their risk management philosophy locally and put it into action.

Benefit

TRW has accomplished its goal of meeting the global competitive standards in their Shanghai manufacturing facility achieving highly protected risk status.

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Atlanta Motor Speedway

Challenge

Less than four months before hosting a major NASCAR event, Atlanta Motor Speedway was nearly destroyed when a devastating tornado ripped thought the area, leaving the racetrack owner, Speedway Motorsports Inc (SMI), a trail of seemingly irreparable property damage.

Solution

SMI turned to FM Global for property loss prevention engineering advice and coordination of the reconstruction effort to keep costs to a minimum and for rapid and fair claims settlement to help ensure their operations returned to normal as soon as possible.

Benefit

SMI successfully completed the project in time for its October race with an improved facility and without any interruptions to its business.

» Download (99KB, PDF)