FM Global

FM Global is a mutual insurance company which specialises in property risk management. It offers property insurance and engineering solutions that protect against fire, natural disasters and other types of property risk.

FM Global offers products that are designed around engineering and individual needs. It offers specialty commercial property products such as Cyber Resilience Solutions, Business Interruption Coverage, Boiler and Machinery (re)insurance. It also offers the all-risk FM Global Advantage policy, which offers cyber coverage, business interruption and misc-type property.

The company also offers a range of specialist risk management services, including hot work guidelines, boiler and machinery services evaluations, predictive analytics, and more.

In 2003, FM Global opened its FM Global Research Campus, a centre for advancing the science of property loss prevention. It has separate labs that each focus on Fire, natural hazards, electrical hazards and hydraulics.

FM Global claim to provide more than one-third of Fortune 1000–size companies with engineering-based risk management and property insurance solutions in nearly 150 countries. At year-end 2019, FM Global reported Gross Premium Earned of $6.08bn, and total assets of $25bn.

In 2019 GM Global invested $1m into insurtech RiskGenius, which leverages AI to automate underwriting. Previously, FM Global had invested into AirWorks, an aerial mapping and surveying startup.

FM Global employs more than 5,400 people in 67 offices worldwide. Its headquarters are in the US.