BNET Industries

FM Global

is in the Business Services Industry

Last Fiscal Year Sales:$928.0M

Private
US

Dow Jones Description

FM Global provides comprehensive global commercial and industrial property insurance, engineering-driven underwriting and risk management solutions, groundbreaking property loss prevention research and prompt, professional claims handling. As a mutual company, our products and services directly support our clients' overall risk management objectives through: Understanding the nature and reality of their specific risks; Establishing sound loss prevention solutions that safeguard against loss; Developing cost-effective insurance and risk transfer solutions backed by large, stable capacity and; Providing the claims and loss mitigation support to minimize business disruption. For nearly 175 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.

CEO

Shivan S. Subramaniam

Number of Employees 5,000

Contact Information

1301 Atwood Ave

PO Box 7500

Johnston, Rhode Island 02919

www.fmglobal.co...

(401) 275-3000

Peer Companies

NAICS Code Engineering Services: 541330

Recent Events

Ratings agency lauds FM Global strength

10/08/09 - Bond / Stock Rating - View Story
FM Global to open new headquarters in Johnston

9/15/09 - Planned Site Openings - View Story
7 Insurers Receive Ratings Updates

8/31/09 - Bond / Stock Rating - View Story

News & Analysis

fm global - All News and Analysis

Insurer FM Global Makes Its Premium Risk Prevention Data Available at No Cost for First Time in 170 Years

- 2008-05-20

Release of unique source of property protection information reflects changing global risk environment JOHNSTON, R.I. -- For the first time in its 170-year history, FM Global, one of the world's largest commercial and industrial property insurers, today announced its decision to release thousands of pages of its previously exclusive...

Tags: FM Global
Insurer FM Global Awarded for "Outstanding Performance" in Claims Handling Based on High Ratings from Mid-Market and Large Companies

- 2008-05-05

JOHNSTON, R.I. -- Commercial property insurer FM Global (www.fmglobal.com) has received the "2008 Claims Management Quality Award" from Greenwich Associates, a leading international research firm in the institutional financial services industry. The award recognizes FM Global for "outstanding performance in claims management quality," which was based on independent research that...

Tags: FM Global
FM Global Named "Best Property Insurer in the World" According to Research Conducted by Euromoney Magazine

- 2008-04-24

JOHNSTON, R.I. -- Commercial property insurer FM Global (www.fmglobal.com) has been named "Best Property Insurer in the World" by risk managers and financial executives of the world's top companies, based on research conducted by Euromoney magazine (www.euromoney.com). The magazine is read by more than 140,000 financial industry professionals. "Their...

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FM Global

- 2008-04-01

[ILLUSTRATION OMITTED] Commercial property insurer FM Global has appointed JONATHAN W. HALL as senior vice president of underwriting and reinsurance. Hall served as senior vice president and manager of the company's Eastern (U.S.) division for the last decade. He succeeds Robert E. Bean, who retired after nearly 40...

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FM Global then appointed Michael R. Turner as senior vice president and manager of its Eastern Division, succeeding Hall

- 2008-04-01

[ILLUSTRATION OMITTED] FM Global then appointed MICHAEL R. TURNER as senior vice president and manager of its Eastern (U.S.) Division, succeeding Hall. Turner most recently served as vice president and operations manager for FM Global's Boston operations based in Norwood, Mass. RAY K. PHILLIPS will take over for Turner,...

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Commercial Property Insurer FM Global Reports 2007 Marked A Sixth Consecutive Year of Strong Financial and Operating Performance

- 2008-02-21

JOHNSTON, R.I. -- Commercial property insurer FM Global has announced that 2007 marked its sixth consecutive year of strong financial and operating performance. The company saw successes in all areas most important to a mutually owned insurance company, including stable capacity and services, profitability, capital growth and client retention. ...

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Commercial Property Insurer FM Global Opens a Representative Office in Beijing, China

- 2008-01-15

BEIJING, China -- Commercial and industrial property insurer FM Global has opened a representative office in Beijing, China following recent approval from the China Insurance Regulatory Commission. The approval (granted to Factory Mutual Insurance Company, which does business as FM Global) marks the first step in the country's process for...

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Insurer FM Global to be Featured on The History Channel

- 2007-12-10

Company's unique story to be told about how it's helped businesses prevent natural and manmade disasters for nearly two centuries JOHNSTON, R.I. -- FM Global (www.fmglobal.com), one of the world's largest commercial property insurers, will be featured on The History Channel on Sunday morning, Dec. 16, 2007, at 8...

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Port of New Orleans moves forward with lawsuit against insurer

- 2007-11-06

The governing board of the Port of New Orleans moved forward today on its lawsuit against excess insurer FM Global, with port officials filing a petition in U.S. Eastern District Court requesting a jury trial and for the court to find that the insurer acted in bad faith. ...

Tags: FM Global
N.O.'s Dock Board pledges to fight insurer for Katrina claims

- 2007-07-26

The Dock Board today decided to drop its case against an insurance company that settled but vowed to continue legal action against another insurer the board says owes between $80 million to $100 million. The Dock Board - the board of commissioners for the Port of New Orleans...

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Decision Makers

Name (plus bio)	Position
Shivan S. Subramaniam	CEO
Brian J. Hurley	Executive Vice President
Donald M. Wishart	Executive Vice President
Ruud H. Bosman	Executive Vice President
Brett N. Ahnell	Senior Vice President, Western Division
Carol G. Barton	Senior Vice President, Commercial Lines
Daniel W. Schaffer	Senior Vice President, Engineering
Dennis J. Hedden	Senior Vice President, Claims
Enzo Rebula	Senior Vice President, HR
Gerardo L. Alonso	Senior Vice President, Claims
Jeanne R. Lieb	Senior Vice President, Info Services
Jeffrey A. Burchill	Senior Vice President, Finance
John J. Pomeroy	Senior Vice President, Law & Govt Affairs
Jonathan W. Hall	Senior Vice President, Eastern Division
Kenneth W. Davey	Senior Vice President, Intl Division
Kevin J. Lavin	Senior Vice President, Central Division
Paul E. LaFleche	Senior Vice President, Investments
Perry Brazeau	Senior Vice President, Canadian Operations
Robert E. Bean	Senior Vice President, Underwriting & Reinsurance
Roland J. Bonitati	Senior Vice President, Marketing
Thomas A. Lawson	Senior Vice President, Engineering & Res
Chris Johnson	Senior Vice President, Marketing & Training
Dennis J. Bessant	Vice President, Global Services
Kevin L. Bradshaw	Vice President, Forest Products Operations
Kevin S. Ingram	Vice President, Finance Services
Ron Klinkert	Vice President, Product
Thomas D'Angelo	Vice President, Chemical Operations
Thomas M. Dusel	Vice President, Real Estate
William A. Mekrut	Vice President, Treasury
Robert Bill	Director, Materials
David Styrcula	Manager
George Smith	Manager, Materials
Nick Hill	Manager, Public Relations
Phillip Smith	Manager, Materials
Richard Ferron	Manager, Materials
Stanley Ziobro	Manager
Timothy Adam	Manager
David Baer	Senior Engineer
Steven Zenofsky	Senior Communications Consultant

Board of Directors

Name (plus bio)	Position
S. Barry Jackson	Chairman
Clive V. Allen	Board of Directors
David P. O. Brien	Board of Directors
David Pulman	Board of Directors
Douglas D. Baldwin	Board of Directors
Elisabeth M. Struckell	Board of Directors
Gary J. Lukassen	Board of Directors
George J. Harad	Board of Directors
Gracia C. Martore	Board of Directors
Harry G. Schaefer	Board of Directors
James C. Thyen	Board of Directors
John A. Luke	Board of Directors
John W. Donehower	Board of Directors
Kerry L. Hawkins	Board of Directors
Kevin E. Benson	Board of Directors
Mary L. Howell	Board of Directors
Paule Gauthier	Board of Directors
Robert J. O'Toole	Board of Directors
Ronald C. Morrision	Board of Directors
Walter J. Galvin	Board of Directors
Wendy K. Dobson	Board of Directors
William A. Aylesworth	Board of Directors
William C. Stivers	Board of Directors

Organization	Position	Status
FM Global	CEO	Current
FM Global	Chairman	Current
Citizens Financial Group, Inc.	Board of Directors	Current
Birla Institute of Technology & Science	Bachelor's Degree, Mechanical Engineering	Former

Organization	Position	Status
FM Global	Executive Vice President	Current
Harvard University	Advanced Management Program	Former

Organization	Position	Status
FM Global	Executive Vice President	Current

Organization	Position	Status
FM Global	Executive Vice President	Current

Organization	Position	Status
FM Global	Senior Vice President, Western Division	Current

Organization	Position	Status
Affiliated FM	Senior Vice President, Commercial Lines	Current
FM Global	Senior Vice President, Commercial Lines	Current
Affiliated FM	Vice President	Former
Affiliated FM	Manager	Former

Organization	Position	Status
FM Global	Senior Vice President, Engineering	Current

Organization	Position	Status
FM Global	Senior Vice President, Claims	Current

Organization	Position	Status
FM Global	Senior Vice President, HR	Current

Organization	Position	Status
FM Global	Senior Vice President, Claims	Current

Organization	Position	Status
FM Global	Senior Vice President, Info Services	Current

Organization	Position	Status
FM Global	Senior Vice President, Finance	Current

Organization	Position	Status
FM Global	Senior Vice President, Law & Govt Affairs	Current

Organization	Position	Status
FM Global	Senior Vice President, Eastern Division	Current

Organization	Position	Status
FM Global	Senior Vice President, Intl Division	Current

Organization	Position	Status
FM Global	Senior Vice President, Central Division	Current

Organization	Position	Status
FM Global	Senior Vice President, Investments	Current

Organization	Position	Status
FM Global	Senior Vice President, Canadian Operations	Current

Organization	Position	Status
FM Global	Senior Vice President, Underwriting & Reinsurance	Current

Organization	Position	Status
FM Global	Senior Vice President, Marketing	Current

Organization	Position	Status
FM Global	Senior Vice President, Engineering & Res	Current

Organization	Position	Status
FM Global	Senior Vice President, Marketing & Training	Current

Organization	Position	Status
FM Global	Vice President, Global Services	Current

Organization	Position	Status
FM Global	Vice President, Forest Products Operations	Current

Organization	Position	Status
FM Global	Vice President, Finance Services	Current

Organization	Position	Status
FM Global	Vice President, Product	Current

Organization	Position	Status
FM Global	Vice President, Chemical Operations	Current

Organization	Position	Status
FM Global	Vice President, Real Estate	Current

Organization	Position	Status
FM Global	Vice President, Treasury	Current

Organization	Position	Status
FM Global	Director, Materials	Current

Organization	Position	Status
FM Global	Manager	Current

Organization	Position	Status
FM Global	Manager, Materials	Current

Organization	Position	Status
FM Global	Manager, Public Relations	Current

Organization	Position	Status
FM Global	Manager, Materials	Current

Organization	Position	Status
FM Global	Manager, Materials	Current

Organization	Position	Status
FM Global	Manager	Current

Organization	Position	Status
FM Global	Manager	Current

Organization	Position	Status
FM Global	Senior Engineer	Current

Organization	Position	Status
FM Global	Senior Communications Consultant	Current

Organization	Position	Status
FM Global	Chairman	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
Gannett Co., Inc.	CFO & Senior Vice President	Current
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
Ameren Corporation	Senior Executive Vice President and Chief Financial Officer, Emerson Electric Co	Current
Emerson Electric Co.	CFO & Executive Senior Vice President	Current
Ameren Corporation	Board of Directors	Current
FM Global	Board of Directors	Current
Emerson Electric Co.	Board of Directors	Current
Ridge Tool Company	controller	Former
Rensselaer Polytechnic Institute	bachelor's of science degree in electrical engineering	Former
Cornell University	degree in business administration	Former

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Organization	Position	Status
FM Global	Board of Directors	Current

Executive News

Major Storm Activity Could Bring Silver Lining of Price Hikes for Insurers

Insurance Journal - 8/19/09 - View Story
ANALYSIS-Hurricane season better late than never for insurers

CNN Money - 8/18/09 - View Story
CEOs Say: How I Explain My Job To My Kids

Forbes.com - 8/14/09 - View Story