LONDON, UK—FM Global, one of the world’s largest commercial and industrial property insurers, is ranked the top insurer in all eight categories in StrategicRISK’s 2015 UK Corporate Insurance Buyers’ Survey.
FM Global achieved the highest average score among insurers (4.88 out of 5.0) across all dimensions of service and was ranked highest by risk managers and insurance buyers for “Claims – Fairness of Settlement,” “Underwriting Expertise and Flexibility,” and “Claims – Speed of Settlement and Post-loss Services.” FM Global also received perfect scores (5.0) for “Value for Money Given Quality of Cover,” “Documentation,” “Ease of Access to Decision Makers” and “Pre-loss Services.”
“StrategicRISK undertook extensive research,” reported the magazine, “gauging the opinions of many of the country’s most influential risk managers and insurance buyers. Major insurers and brokers were placed under the microscope and rated against a number of important service dimensions and insurance buyer satisfaction levels.”
“These results are a testament to the long-term relationships that we have with our clients,” said Philip Johnson, vice president of FM Global’s Northern European Operations. “Our clients share our belief that the majority of property loss is preventable. As a result, we are able to work together to develop innovative, cost-effective risk management solutions that improve their business resilience.”
About FM Global
Marking 180 years in business, FM Global (www.fmglobal.co.uk) is a US$5.6 billion 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. FM Global works with many of the world’s largest organisations to develop cost-effective property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk. In 2015, Global Finance Magazine named FM Global the ‘World’s Best Supply Chain Insurance Provider.’ In the United Kingdom, FM Global is the communicative name for FM Insurance Company Limited.