JOHNSTON, R.I., USA—FM Global, one of the world’s largest commercial and industrial property insurers, has moved three of its seasoned leaders to new roles.
James R. Galloway, senior vice president, Central division manager, has been named senior vice president, manager of sales, a newly created role, with responsibility for new business development. He will be based in Park Ridge, Illinois, USA. Galloway joined FM Global in 1986 as a loss prevention consultant.
William M. Lonchar, vice president, manager of the company’s Atlanta operations, has been promoted to senior vice president, Central division manager, based in the company’s Alpharetta, Georgia, USA, office. He will oversee all client relations, underwriting, engineering, processing and administration for the division, which serves clients in more than 20 U.S. states. He has worked at FM Global for 35 years.
Ziad Alex Tadmoury, senior vice president, client service and sales, has been named senior vice president, manager of client service, a newly created position. Based in FM Global’s corporate offices in Johnston, Rhode Island, USA, Tadmoury will oversee client service and retention, broker relations, global services and other market relationships. He has been with FM Global since 1989.
“As we come off a strong year in 2014, these management moves enable us to focus even more on the ever-changing needs of our policyholder-owners and the marketplace,” said Jonathan W. Hall, chief operating officer.
Marking its 180th year in business in 2015, 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. FM Global is rated A+ (Superior) by A.M. Best, AA (Very Strong) by Fitch and A+ by Standard & Poor’s.