London, UK, 19th October 2023 – The Resilience on Tour Truck, an interactive experience providing an introduction to FM Global’s engineering solutions, stopped off in Luxembourg this week to host clients, brokers and partners.
The commercial property insurer, which has based its European headquarters in Luxembourg since 2017, hosted guests at an event in the LuxExpo, including representatives from the Commissariat aux Assurances, the Luxembourg Institute of Science and Technology and Luxinnovation.
The Resilience on Tour Experience showcases the engineering-based solutions FM Global is developing for some of the most pressing property and business continuity risks that organisations face today, including how to develop climate resilience. During tours of the truck, guests watched battery fire tests, implemented flood mitigation measures on the interactive flood table and discovered how a seismic gas shutoff valve prevents large releases of flammable gas in the event of an earthquake.
“We rely on engineering to underwrite insurance, using our research and expertise to help clients build resilience by giving them the right tools in a dynamic and volatile world,” said Dr Louis Gritzo, FM Global’s Chief Science Officer. “The truck is a unique, illustrative way to engage our clients and partners. By using real world cases, we are bringing the risks and opportunities to life and inspiring people to make their businesses more resilient.”
Since it was launched in the UK in June, the truck has visited nine countries, travelled over 8,000 kilometres and received more than 700 visitors.
“We are delighted to welcome the Resilience on Tour Experience to our European home here in Luxembourg to demonstrate our unique approach to risk,” said Chris Dempsey, Senior Vice President, EMEA Division Manager. “We are proud to be part of a thriving R&D ecosystem here in Luxembourg, working on some of the world’s biggest challenges, from climate resilience to industrial automation and cyber-security. We recognise the importance of our partnerships and working with some of the best minds in the industry to develop new products and help build resilience.”
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About FM Global
Established nearly two centuries ago, FM Global is a mutual insurance group whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organisations, including one of every four Fortune 500 companies. 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.