JOHNSTON, R.I., USA—In a move that will build on the continuing education program of its boiler and machinery loss prevention engineers, FM Global, one of the world’s largest commercial property insurers, is entering into a five-year strategic partnership with the Massachusetts Maritime Academy. The partnership includes a US$100,000 donation from FM Global to support the Academy’s advanced large-equipment laboratory, named the FM Global Laboratory.
“This commitment reinforces the strong training partnership FM Global and Massachusetts Maritime Academy have developed during the past eight years; it will ensure that FM Global’s boiler and machinery engineers continue to receive the highest level of experiential training with large steam turbines, gas turbines, and auxiliary and support systems encountered at our clients’ facilities around the world,” said Brion Callori, FM Global senior vice president of engineering and research. “This practical, hands-on training will enable our engineers to assess complex equipment hazards and develop cost-effective solutions that help our clients reduce property risk and keep their businesses resilient.”
The FM Global Laboratory, located in the Academy’s Bresnahan Hall, serves the Academy’s engineering and facilities management students, governmental agencies and industry groups. It is one of the most heavily used spaces on campus. FM Global also plans to host client and industry events at the Academy that are focused on equipment loss prevention and risk management.
Located in Buzzards Bay, Mass., USA, the Massachusetts Maritime Academy is a fully accredited, four-year, co-educational state university offering Bachelor and Master of Science degrees that are highly regarded in the worldwide maritime industry and beyond.
About FM Global
Established in 1835, 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.