FM Global | Jotup

FM Global Launches Renewable Energy Unit To Guide Clients Through Their Energy Transition

Retrieved on:

火曜日, 5月 7, 2024

Policy, Biomass, Wind, Renewable energy, Research, BESS, FM Global

JOHNSTON, R.I., May 7, 2024 /PRNewswire/ -- Commercial property insurer FM Global today announced the launch of a Renewable Energy unit to help clients in the transition to alternative energy through research and innovation, and to support the overall advancement of the renewable energy industry. FM Global unveiled the new initiative as part of its presence at the RISKWORLD conference in San Diego, California, this week, announcing leadership for the new unit and disclosing that it will begin offering a renewable energy insurance product later this year.

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JOHNSTON, R.I., May 7, 2024 /PRNewswire/ -- Commercial property insurer FM Global today announced the launch of a Renewable Energy unit to help clients in the transition to alternative energy through research and innovation, and to support the overall advancement of the renewable energy industry.
FM Global's Renewable Energy unit leaders include:
Clients and brokers have increasingly asked for FM Global's support in accelerating new energy projects in response to worldwide adoption of emissions-reduction targets.
The FM Global Renewable Energy unit will focus on research, standards development and loss-prevention engineering around utility-scale ground mounted solar, onshore wind power and battery energy storage systems (BESS).
"The renewable energy landscape is complex and rapidly developing, and losses can be costly," said Doug Patterson, FM Global's head of renewable energy.

Build Change Welcomes New Board Member and Leaders

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火曜日, 4月 30, 2024

DENVER, April 30, 2024 /PRNewswire/ -- Build Change welcomes a new board member and two new members of its senior management team: Susie Berg, Director and Senior Corporate Counsel at Autodesk was appointed to the board of directors effective February 6, 2024; Abby Robinson joined Build Change in February as Director of Strategic Partnerships, and Angie Henderson Moncada joined as VP of Communications earlier this month. These new leaders provide expertise that will enable Build Change to deliver impact and raise money by enhancing digital client experience, deepening community-driven collaboration, and sharing powerful stories.

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DENVER, April 30, 2024 /PRNewswire/ -- Build Change welcomes a new board member and two new members of its senior management team: Susie Berg, Director and Senior Corporate Counsel at Autodesk was appointed to the board of directors effective February 6, 2024; Abby Robinson joined Build Change in February as Director of Strategic Partnerships, and Angie Henderson Moncada joined as VP of Communications earlier this month.
These new leaders provide expertise that will enable Build Change to deliver impact and raise money by enhancing digital client experience, deepening community-driven collaboration, and sharing powerful stories.
Build Change welcomes a new board member and two new members of its senior management team.
It frames my approach joining Build Change as we develop and nurture new and existing strategic partnerships around the globe."

aeSolutions to Bring New FM-Approved FGS Product, the FGS 5000, to Market in Summer of 2024

Retrieved on:

水曜日, 4月 10, 2024

This partnership builds on aeSolutions’ long-standing legacy in delivering PLC/DCS based, FM-approved fire and gas systems in the industrial space for more than 20 years.

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This partnership builds on aeSolutions’ long-standing legacy in delivering PLC/DCS based, FM-approved fire and gas systems in the industrial space for more than 20 years.
View the full release here: https://www.businesswire.com/news/home/20240410440583/en/
aeSolutions FGS 5000 built on Rockwell Automation’s ControlLogix platform featuring a secondary power supply system.
(Photo: Business Wire)
“aeSolutions is excited to offer the FGS 5000 based on Rockwell Automatic’s ControlLogix platform.
“The FGS 5000 can be used as a standalone system or as an upgrade to legacy fire and gas systems.

FM Global President and CEO Malcolm C. Roberts Appointed Chair of FM Global's Board of Directors

Retrieved on:

木曜日, 4月 11, 2024

FM Global, Commercial, Management

JOHNSTON, R.I., April 11, 2024 /PRNewswire/ -- Commercial property insurer FM Global today announced that FM Global President and Chief Executive Officer Malcolm C. Roberts has been appointed chair of the board by the company's board of directors.

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JOHNSTON, R.I., April 11, 2024 /PRNewswire/ -- Commercial property insurer FM Global today announced that FM Global President and Chief Executive Officer Malcolm C. Roberts has been appointed chair of the board by the company's board of directors.
Roberts succeeds Thomas A. Lawson, former president and CEO of FM Global, who has served as chair since 2018.
Roberts joined FM Global in 1995 as a loss prevention consultant in London after working as a chemical engineer.
"Under Malcolm's leadership, FM Global has delivered outstanding results and driven the continued expansion of its business around the world," said John A. Luke Jr., FM Global board member.

2024 FM Global Resilience Index Highlights a Rapidly Evolving Risk Landscape

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木曜日, 3月 21, 2024

Climate change, Organization, Database, Environment, Education, Internet, Data, Water, FM Global, Tourism

JOHNSTON, R.I., March 21, 2024 /PRNewswire/ -- Commercial property insurer FM Global today unveiled the 2024 FM Global Resilience Index with key updates to reflect the rapidly changing nature of risks faced by global businesses. The 2024 FM Global Resilience Index adds several new factors to its rankings, including education, inflation, internet usage, water stress, greenhouse gas emissions and climate change exposure.

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Nation-by-nation rankings help business leaders navigate geopolitical instability, resource scarcity, climate change and more
JOHNSTON, R.I., March 21, 2024 /PRNewswire/ -- Commercial property insurer FM Global today unveiled the 2024 FM Global Resilience Index with key updates to reflect the rapidly changing nature of risks faced by global businesses.
The 2024 FM Global Resilience Index adds several new factors to its rankings, including education, inflation, internet usage, water stress, greenhouse gas emissions and climate change exposure.
FM Global has steadily refined the interactive index over the past decade to encompass evolving concepts of business risk and resilience.
In the 2024 FM Global Resilience Index , Denmark preserved its title as the world's most resilient business environment.

Insurance AI, Strategy & More at FOIUSA

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火曜日, 3月 12, 2024

Principal Financial Group, Traveler, Radar, CNA, Thought, ASAP, Allstate, Insurance, Erie Insurance Group, Business, USAA, USP, FM Global, State, Liberty Mutual, AXA

Get registration sorted this week and save $400 on ticket prices - you'll be joining 100s of carriers in the Windy City.

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Get registration sorted this week and save $400 on ticket prices - you'll be joining 100s of carriers in the Windy City.
Just last week we received bookings from Allianz, Liberty Mutual, Intact, Horace Mann, Kin Insurance, State Farm®, Prudential, Fremont Insurance, USAA, Pacific Specialty, Openly, United Educators & many more.
Quality over quantity: No hiding behind a huge attendee list - we're focused on bringing together an audience of insurance carriers, e.g.
Allstate, Travelers, AXA XL, Northwestern Mutual, CNA, Principal Financial, RLI Insurance, FM Global, Erie Insurance, Highmark Health, Group 1001, The Hanover, New York Life, The Hartford, Kin Insurance & many more.

WNBA legend Lisa Leslie, Scripps Network Interactive founder Susan Packard, and Estee Lauder Executive Vice President Meridith Webster deliver keynotes at Bryant University’s 27th Women's Summit®

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月曜日, 2月 12, 2024

Established by Kati Machtley in 1997, Bryant’s Women's Summit® is the largest and longest-running event of its kind in Rhode Island and the region.

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Established by Kati Machtley in 1997, Bryant’s Women's Summit® is the largest and longest-running event of its kind in Rhode Island and the region.
It embraces women’s financial empowerment by providing attendees an opportunity for professional and personal development and networking.
They are just three of the dynamic women inspiring Summit-goers to move from passion to action at this day-long event.
In addition to keynote speakers, the Women's Summit® features 16 educational breakout sessions and a host of lively networking opportunities for attendees.

FM Global Announces Sponsorship of LPGA Star Megan Khang

Retrieved on:

木曜日, 2月 8, 2024

LPGA, Khang, Partnership, U.S. Women's Open, TPC Boston, Season, FM Global, Welch, Tourism

JOHNSTON, R.I., Feb. 8, 2024 /PRNewswire/ -- Commercial property insurer FM Global today announced it will sponsor top-ranked LPGA golfer and New England native Megan Khang for the 2024 and 2025 seasons.

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JOHNSTON, R.I., Feb. 8, 2024 /PRNewswire/ -- Commercial property insurer FM Global today announced it will sponsor top-ranked LPGA golfer and New England native Megan Khang for the 2024 and 2025 seasons.
The sponsorship follows last year's announcement of the FM Global Championship , a newly created LPGA tournament scheduled to take place from Aug. 29 to Sept. 1, 2024, at TPC Boston in Norton, Massachusetts.
The tournament will offer the largest prize fund on the LPGA Tour outside of the majors and tour championship.
As part of the sponsorship, Khang will display FM Global's logo on her apparel and make various appearances with the company throughout the year.

Amazon’s Global Head of Corporate Risk to Speak at 2024 Bermuda Risk Summit

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木曜日, 2月 8, 2024

Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

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Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
Ms. Wright has over 30 years of experience managing complex risks of global companies and currently serves as Global Head of Corporate Risk & Claims at tech giant, Amazon, and also serves as a California State Commissioner on the Fraud Assessment Committee.
Ms. Wright’s keynote conversation will be with Patrick Tannock, CEO of AXA XL Insurance in Bermuda / Chair, Association of Bermuda International Companies (ABIC).
Mr. Tannock said: “Bermuda is a dynamic and solution-oriented international business jurisdiction that has fostered a culture based on innovation and calculated risk.

AM Best Affirms Credit Ratings of Factory Mutual Insurance Company and Its Subsidiaries

Retrieved on:

金曜日, 1月 26, 2024

Banking, Professional Services, Insurance, Finance, Credit, Johnston, Rhode Island, ALL, FSR, FM Global, ERM, Superior, News, AM Best, Risk management

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Factory Mutual Insurance Company (Johnston, RI) and its subsidiaries, which are collectively referred to as FM Global Group (FM Global).

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AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Factory Mutual Insurance Company (Johnston, RI) and its subsidiaries, which are collectively referred to as FM Global Group (FM Global).
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.