FM in the News

As distracted corporate executives close offices, plants and warehouses to reduce COVID-19 spread, other worrisome risks are emerging at these now idle facilities, warns FM Global.

Commercial property insurer FM Global CFO and Executive VP Kevin Ingram says neglecting idle facilities amid COVID-19 will cost companies dearly. As distracted corporate executives close offices, plants and warehouses to reduce COVID-19 spread, other worrisome risks are emerging at these now-idle facilities, warns US-based FM Global Chief Financial Officer Kevin Ingram.

As distracted corporate executives close offices, plants and warehouses to reduce COVID-19 spread, other worrisome risks are emerging at these now-idle facilities, warns FM Global.

The fluid developments around the COVID-19 outbreak are a stark reminder of the evolving threats confronting businesses. Global pandemics, along with increasingly unpredictable and intense weather events coupled with sophisticated cyber attacks, are becoming the new normal of business disruption. Businesses may think they are prepared – but are they? FM Global's Tan Hian Hong explains the importance of having good business continuity planning.

Ensuring the resilience of the built environment, including infrastructure and building stock, is directly linked to the future prosperity of Southeast Asia’s businesses. In this article, Tan Hian Hong, vice president, client service manager for FM Global Asia Operations discusses how strengthening building codes could be the key to business resilience in the region.

The sophistication of cyberattacks is growing exponentially and so too should defences. Pankaj Thareja, Cyber Consultant, Asia Pacific at FM Global, talks about the cyber vulnerabilities across the mining sector, and how businesses should prepare against potential threats.

New gas turbine technology is on the rise and potential failures will impact the bottom line of OEMs, customers and insurers alike. In this article, Terence Lee, Senior Account Engineer at FM Global Australia, talks about finding a sustainable way to get this right and FM Global’s approach to risk evaluation.

As part of its continued commitment to cyber risk assessment, prevention, and control, commercial property insurer FM Global will be evaluating industrial control systems (ICS) at client locations during its routine engineering site visits. The ICS evaluation will be incorporated into the insurer’s comprehensive review of a client’s cyber exposures not only at enterprise level but also on-site.

In this interview with Insurance Business Asia, Pankaj Thareja, cyber security consultant at FM Global, talked about the importance of cyber resilience for businesses, and how risk assessments can help them mitigate their cyber vulnerabilities.