Factory Mutual Insurance Company (FM Global) is a world-leading commercial and industrial property insurer. With over $5 billion in annual revenue and more than 12,000 employees, FM Global provides insurance to over 30,000 clients in 130 countries.
FM Global was founded in 1835 by a group of textile manufacturers in Rhode Island. The company's original mission was to provide mutual aid to its members in the event of a fire. Over time, FM Global expanded its operations to include other types of insurance, including property, liability, and business interruption insurance.
FM Global's mission is to "help clients improve their resilience and reduce their risk of loss." The company does this by providing its clients with a range of risk management services, including:
FM Global is one of the most financially strong insurance companies in the world. The company has an A++ (Superior) financial strength rating from A.M. Best, the world's leading insurance rating agency. FM Global's financial strength allows it to provide its clients with the peace of mind that their insurance claims will be paid in full and on time.
FM Global offers a wide range of insurance products and services to meet the needs of its clients. These products and services include:
FM Global's clients include a wide range of businesses, including:
There are many reasons to choose FM Global for your insurance needs. These reasons include:
FM Global is a leading provider of insurance and risk management services to commercial and industrial businesses. The company's financial strength, expertise, reputation, and commitment to customer service make it a great choice for businesses looking to protect their assets and operations.
Year | Revenue | Net Income |
---|---|---|
2021 | $5.2 billion | $1.2 billion |
2020 | $4.9 billion | $1.1 billion |
2019 | $4.7 billion | $1.0 billion |
Country | Number of Clients |
---|---|
United States | 10,000 |
Canada | 2,000 |
United Kingdom | 1,500 |
Other countries | 16,500 |
Industry | Number of Clients |
---|---|
Manufacturing | 15,000 |
Retail | 5,000 |
Service providers | 10,000 |
Type of Insurance | Number of Policies |
---|---|
Property insurance | 20,000 |
Liability insurance | 15,000 |
Business interruption insurance | 10,000 |
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