JOHNSTON, R.I., USA—Commercial and industrial property insurer FM Global has been named “World’s Best Supply Chain Insurance Provider” by Global Finance magazine in its February 2015 issue.
In the awarding of the “World’s Best Supply Chain Finance Providers 2015,” FM Global is recognized for “its ‘engineering-based approach’ to underwriting and managing supply chain risk.”
Global Finance reports that “FM Global counts more than a third of FORTUNE 1000 companies among its clients” and highlights “its extended supply-chain risk insurance coverage, which encompasses suppliers and customers across the entire value chain.”
Selection for the award was based on factors such as “market share and global coverage, product innovation, customer service, technology, execution skills and client-specific implementations.” The magazine’s editorial team sought input from industry analysts, corporate executives and technology experts.
Global Finance reaches more than 50,000 chairpersons, presidents, CEOs, CFOs, treasurers and other top financial officers at the world’s largest companies and financial institutions in 163 countries.
Established in 1835, FM Global 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. Additionally, its Resilience Index provides annually ranked scores for 130 countries and territories according to their business resilience to supply chain disruption.