FM Global

FM Global

About FM Global

Simplify's Rating
Why FM Global is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Consulting

Industrial & Manufacturing

Financial Services

Company Size

5,001-10,000

Company Stage

Debt Financing

Total Funding

$758M

Headquarters

Hartford, Connecticut

Founded

1835

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • FM's expansion in Providence indicates a strong U.S. growth strategy.
  • Record US$1.4 billion membership credit shows FM's financial strength and client loyalty.
  • The Luxembourg facility positions FM as a leader in EMEA risk solutions.

What critics are saying

  • Increased competition in Europe may impact FM's regional market share.
  • Economic uncertainty in Europe could affect FM's EMEA operations.
  • Rising climate-related events may lead to higher claims and affect profitability.

What makes FM Global unique

  • FM's Science and Technology Centre enhances its leadership in risk mitigation research.
  • The partnership with Rory McIlroy boosts FM's brand visibility globally.
  • FM's renewable energy unit aligns with global sustainable energy trends.

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Funding

Total Funding

$758M

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Professional Development Budget

Flexible Work Hours

Paid Vacation

Company News

PR Newswire
Mar 17th, 2025
Fm Breaks Ground On State-Of-The-Art Science And Technology Centre In Luxembourg

With the new facility, FM will create a central hub of research, innovation and client engagement in the heart of EuropeThe project will provide EMEA clients with even more access to FM's engineering expertise and scientific risk mitigation researchLUXEMBOURG, March 17, 2025 /PRNewswire/ -- Commercial property insurance group FM today broke ground on the FM Science and Technology Centre, Europe, a state-of-the-art facility in Luxembourg dedicated to advancing scientific research and sharing risk mitigation practices with clients and stakeholders across Europe, the Middle East and Africa (EMEA). The new facility brings FM's engineering expertise and unique approach to identifying science-based solutions for emerging risks even closer to its EMEA clients.The ambitious project demonstrates FM's strong commitment to the EMEA region, its mission of risk mitigation and the partnerships it builds with clients to protect their business operations and prevent losses before they happen. The project is expected to be completed in 2027.The FM Science and Technology Centre, Europe, enhances FM's presence in Luxembourg, which has been home to the group's European headquarters since 2017. Luxembourg represents a key strategic location for FM with its central geographic position in Europe and access for clients and talent from several neighboring countries, including France and Germany.The new Science and Technology Centre will focus on cutting-edge research on climate hazards, technology in industry and cyber risk loss prevention solutions. Additionally, the facility will create a collaborative environment for FM clients, prospects, colleagues and partners to receive training and learn through experiential laboratories. The project showcases FM's unique, engineering-based approach to risk mitigation and loss prevention through scientific research, which is critical for supporting client resilience today and in the future."The FM Science and Technology Centre, Europe, represents a significant milestone in FM's journey as we increase our support and resources for our clients in EMEA and bring new research capabilities to a key market," said Malcolm Roberts, chairman and chief executive officer of FM

Intelligence360
Feb 12th, 2025
Fm To Expand Into 50,000 Square Feet Of Space In Providence Rhode Island.

FM to expand into 50,000 square feet of space in Providence Rhode Island. FM to expand into 50,000 square feet of space in Providence Rhode Island.Providence, Rhode Island — According to state and local development sources, FM plans to build out 50,000 square feet of new space in Providence. The company plans to occupy the new space in Providence, on or about June 1, 2025. According to the company website FM is one of the worlds largest commercial property insurers. For nearly two centuries, businesses have trusted us to deliver comprehensive risk assessments, develop robust property insurance plans, and foster engineering-based solutions that help protect them against fire, natural disasters, and more. We provide over one-third of all Fortune 1000 companies with data-backed risk management solutions that allow them to prepare and prosper

PR Newswire
Jan 27th, 2025
Fm Announces Partnership With Pga Tour Star Rory Mcilroy

New partnership builds on FM's existing programs with the LPGA Tour and TGL's Boston Common GolfJOHNSTON, R.I., Jan. 27, 2025 /PRNewswire/ -- Commercial property insurer FM today announced a strategic partnership with PGA TOUR star Rory McIlroy. The multi-year agreement, which launches in February, includes an extension to FM's existing partnership with Boston Common Golf."Rory and FM share a commitment to achieving excellence and rely on our technical expertise to provide leadership in our respective fields," said Malcolm Roberts, chairman and chief executive officer of FM. "Rory's global recognition makes him the perfect partner for FM as we deliver new products and solutions and bring the power of resilience to new territories globally. We look forward to working with Rory and his team to support his continued success in 2025 and beyond."Through the partnership, McIlroy will host and support several unique client experiences with FM each year. He will also display FM's logo on his golf bag at select tournaments

Coverage
Jan 7th, 2025
Ryan Specialty To Acquire Velocity Risk Underwriters

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PR Newswire
Oct 24th, 2024
FM Announces US$400 Million 'Resilience Credit' to Support Client Investment in Climate Resilience

/PRNewswire/ -- Commercial property insurer FM today announced its third resilience credit, bringing the total allocation to more than US$1 billion since the...

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