It is inevitable that losses will occur. FM Global has the financial ability and claims resources to quickly restore operations and ensure that stakeholder value is protected.
As a mutual company, FM Global approaches claims from a different perspective. With no conflicting priorities, and with the goal of promptly paying clients’ claim, FM Global strives to restore its clients’ business operations as quickly as possible.
FM Global’s experienced claims professionals deliver timely and uniform claims adjustment services to clients’ facilities anywhere in the world. Claims are dealt with through a single point of contact—clients’ local FM Global claims representative. This ensures continuity of clients’ operations, consistency in the adjustment of clients’ loss, and the rapid and equitable settlement of clients’ claims.
FM Global has paid damages of more than US $50 million in under 6 months from the claim. And for one German client, paid out US $200 million, only 8 months after the loss occured.
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