LONDON, UK —FM Global, one of the world’s largest commercial property insurers, whose clients include 1 of every 3 Fortune 1000 companies, is making pandemic relief donations totaling US$1 million worldwide in the communities where its employees work and live. The company will contribute US$50,000 to local nonprofit organisations chosen by each of FM Global’s 20 operations offices around the world.
Additionally, for all personal contributions made by FM Global employees and retirees to COVID-19 relief efforts, the company will double match each donation.
“The local communities where we do business have all been afflicted by the coronavirus and so we are asking our employees, who know best where funds can make the biggest difference, to choose which local nonprofit organisations receive donations,” said Thomas A. Lawson, FM Global chairman and chief executive officer. “Also, by doubling our employees’ personal donations to COVID-19 relief efforts, our intent is to help those organisations most important to each individual.”
About FM Global
Established nearly 200 years ago, 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 organisations. 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.