Question: What Does Fm Global Do?

What type of company is FM Global?

FM Global is an American mutual insurance company based in Johnston, Rhode Island, United States, with offices worldwide, that specializes in loss prevention services primarily to large corporations throughout the world in the Highly Protected Risk (HPR) property insurance market sector.

What are FM Global standards?

This business unit sets standards of excellence and certifies products and services for companies worldwide. When you see a product or service with the FM APPROVED mark, you’ll know it meets our high property loss prevention product testing and certification standards.

How large is FM Global?

In the 27,000-square-foot (2,500-square-meter) facility, employees and clients explore property-loss prevention and insurance-related training through active learning classrooms, 12 experiential SimZone Labs, and a warehouse and data center designed to replicate clients’ properties.

Who are FM Global competitors?

FM Global competitors include UL LLC, Travelers, Assurant, CNA and AIG. FM Global ranks 3rd in CEO Score on Comparably vs its competitors.

Who is the CEO of FM Global?

Chairman and Chief Executive Officer Tom Lawson, a recognized expert in industrial manufacturing risk, leads FM Global, one of the world’s largest commercial property insurers. Lawson has been with the company for more than 35 years and was named chairman in 2018 after being appointed president and CEO in 2014.

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Is FM Global a good company to work for?

Greatest Company To Work For This company is a great employer and provides both competitive pay and competitive benefits. A lot of the employees in the company start right after college and stay here the entire length of their professional careers. 5

Why is FM approved?

FM approvals uses scientific research and testing to make sure products conform to the highest standards for safety and property loss prevention. Products that pass get the “FM APPROVED” mark. Think of it as like the Good Housekeeping seal of approval, only better.

How do I get FM approval?

Ready to have your product become FM Approved? Here’s our five-step process. The Certification Process

  1. Manufacturer Request.
  2. Proposal Issue and Manufacturer Authorization.
  3. Review, Testing and First Audit.
  4. Report, FM APPROVED Mark and Listing.
  5. Surveillance Audits.

Is FM Global a Fortune 500 company?

About FM Global Ranked 447 on the FORTUNE 500 list of America’s largest companies, FM Global employs more than 5,800 employees, including 1,900 loss prevention engineers in over 60 countries worldwide.

What is FM Global certification?

FM Global Certification program establishes performance standards for builders, contractors and manufacturers and helps them achieve approvals through comprehensive testing. The organization creates standards of excellence and tests products based on the standards to grant the FM Global certification.

What does FM approval stand for?

Many folks often recognize the UL (Underwriters Laboratory) Listing and FM (Factory Mutual) Approvals marks, but few understand what each of these marks means. Only those products that bear an FM Approved mark conform to these high standards and have met the ongoing requirements of the FM certification process.

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How many offices does FM Global have?

FM Global is headquartered in Johnston, RI and has 6 offices located throughout the US.

What does Factory Mutual mean?

: a mutual insurance company organized for the purpose of insuring factories and factory properties exclusively.

What is Factory Mutual certification?

FM Approvals certifies products and services with a unique focus on: Objectively testing property loss prevention products and services and certifying those that meet rigorous loss prevention standards.

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