JOHNSTON, R.I., USA—FM Global, one of the world’s largest commercial property insurers, has moved two of its senior leaders into new roles.
Lyndon D. Broad has been appointed senior vice president, chief underwriting officer and will manage the company’s underwriting and reinsurance functions. He previously was operations senior vice president of FM Global’s Boston operations. He succeeds Randall E. Hodge who was recently promoted to executive vice president, staff insurance operations.
Broad joined the mutual insurance company in 1995 as a loss prevention consultant in Brisbane, Australia. He then undertook various roles in Seattle, Melbourne, Singapore and the United Kingdom before returning to Melbourne, Australia as claims manager. Broad went on to head FM Global’s middle market unit, AFM, in Sydney before being appointed vice president and manager of FM Global’s Australian operations.
Broad has a bachelor’s degree in mechanical engineering from Swinburne University, Melbourne, Australia, and a diploma of loss adjusting from the Australian and New Zealand Institute of Insurance and Finance (ANZIIF).
David M. Johnson has been named senior vice president, chief client experience officer and will oversee client experience, market relations, marketing and the company’s business risk consulting group. Most recently, he was operations senior vice president of FM Global’s Atlanta operations.
Since joining the company in 1990, Johnson has held various positions in FM Global’s Seattle branch office, Dallas operations, Stockholm branch and Singapore. A specialist in forest products risk management, he started his career as a loss prevention consultant and moved on to assume numerous engineering, client service, operations and management roles of increasing responsibility including regional senior vice president and manager of FM Global’s Asia operations.
Johnson, who holds a bachelor’s degree in civil engineering from Montana State University, succeeds George J. Plesce, who recently was named executive vice president, U.S., Latin America and sales.
About FM Global
Established nearly two centuries ago, FM Global is a mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its client-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every three Fortune 1000 companies. They work with FM Global to better understand the hazards that can impact their business continuity in order to make cost-effective risk management decisions, combining property loss prevention with insurance protection.