In an effort to provide local disaster relief to regions battling wildfires, FM Global, one of the world’s largest commercial property insurers, has donated US$100,000 to each of three organizations in the United States, Canada and Australia.
Those receiving the donations are the Western Fire Chiefs Association (Western U.S.), the British Columbia Fires Appeal via the Canadian Red Cross and the New South Wales Rural Fire Services Association (Australia).
The company also will double-match its employee donations to each organization through the end of November.
According to FM Global, three main reasons why wildfires losses are increasing and fires are getting larger over the long term are value at risk, forest management challenges and the warming climate. As the climate changes, businesses seeking to cope with wildfire will need to become more climate resilient, the company adds. For more information on how to protect facilities from this growing natural hazard, check out FM Global’s wildfire/bushfire resources.
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.