The Facts About FM Global
FM Global is one of the world’s largest business property insurers, whose clients include more than one out of every three FORTUNE 1000-size companies in more than 125 countries. For nearly 180 years, clients have worked with FM Global to develop robust property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk.
More than 5,200 employees, including 1,800 loss prevention engineers, in 65 locations worldwide
Serving clients in more than 125 countries, including Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, Ireland, Italy, Japan, Mexico, Netherlands, Singapore, Spain, Sweden, United Kingdom, United States and Venezuela
As of 2012 year-end:
- Policyholder surplus: US$7.9 Billion
- Gross premium earned: US$5.3 Billion
- Net premium earned: US$3.6 Billion
- Total assets: US$16.4 Billion
- Ranked #541 on the FORTUNE 1000 list of America‘s largest companies
- Rated "A+" (Superior) by A.M. Best for financial strength
- Rated "AA" (Very Strong) by Fitch Ratings for financial strength
- Ranked among best of the biggest U.S.-based property/casualty insurers for financial performance during the past decade (Fitch Ratings, 2010)
- Ranked number one for overall service by U.K. insurance buyers (StrategicRISK, 2010)
- Named "Best for Service" in Business Insurance magazine’s Buyers Choice awards (2011)
- Rated first choice for commercial property business interruption and terrorism insurance in National Underwriter’s Risk Manager Choice Awards (2011)
- Named best in claims processing and customer service by Greenwich Associates, which also ranked the company number one for underwriting expertise (2011)
Founded in 1835
- Sample clients: Caterpillar, Gannett Co., Emerson Electric Co., GlaxoSmithKline, Hasbro, Major League Baseball, MeadWestvaco, Textron
- Broad-based and specialized risk management services and insurance products
- Tailored risk transfer options, including all-risk, cargo, boiler and machinery and non-highly protected risk commercial property
- Alternative risk financing for hard-to-find coverage
- Customized property loss prevention and control engineering services
- State-of-the-art scientific research, product testing and certification
- Prompt claims handling to help expedite recovery following a loss
- Client training
- Shivan S. Subramaniam—Chairman and CEO
- Jonathan W. Hall—Executive Vice President
- Thomas A. Lawson—Executive Vice President
A Word From Our Chairman
Shivan Subramaniam talks about what you can expect from a career at FM Global.