FM Global- Experts & Thought Leaders

Andrew Bryson has been appointed Senior Vice President (SVP) of Engineering and Research at FM Global. He also has global responsibility for FM Approvals, an international leader in third-party testing and certification of property loss prevention products and services. Previously, he served as FM Global’s London operations manager. Work experience and qualification Andrew Bryson, who holds a Bachelor’s degree in Electronic Engineering from the University of Reading, UK, began his career as a Systems Engineer at Gardline Geosciences Ltd. He first joined FM Global in 1995 serving in a number of Engineering and Underwriting roles, before moving on to risk management functions at GlaxoSmithKline and Cobham plc. In 2016, Andrew Bryson returned to FM Global and assumed the role of London Operations Engineering Manager, before being promoted to his previous position. He succeeds Brion Callori, who will retire on Dec. 31, 2022, after 37 years of service with FM Global.

FM Global, one of t­he world’s largest commercial and industrial property insurers opened the company’s first client-centered experiential risk management facility in Asia Pacific, situated in Singapore Science Park. Designed to meet the complex and diverse needs of the Asia-Pacific region, the FM Global Centre aims to empower clients and prospects in the region to protect their assets today while increasing their longer-term resilience.  risk improvement and management "The FM Global Centre embodies how businesses can take action to realize the business value of risk improvement and increased resilience,” said Malcolm Roberts, FM Global President, and Chief Executive Officer (CEO). He adds, “With the opportunity for first-hand experience in the science of risk management, companies will be empowered to elevate conversations about risk improvement and can more effectively address the challenges of increasing climate risk as well as growth and infrastructure challenges in the region.” experience solutions The 6-story facility spanning 11,613 square meters houses a series of interactive simulation labs The FM Global Centre enables organizations to learn about and experience solutions grounded in the company’s scientific research and engineering expertise, not only to protect property and assets but to keep their businesses going and growing strong. The SGD $80 million, 6-story facility spanning 11,613 square meters houses a series of interactive simulation labs and learning spaces, including an immersive theater that demonstrates how investment in risk improvement can prevent losses and deliver business value. These insights can help organizations make the best decisions to strengthen supply chains, protect owned locations, or locate new facilities and ultimately generate business value. interactive simulation labs The center’s interactive simulation labs have a specific focus on natural hazards, demonstrating how property losses resulting from high-wind events, floods, and earthquakes can be prevented through a focus on greater climate resilience. Other experiential areas include material impact testing, flood simulations, and a virtual warehouse simulation to demonstrate the risks posed by natural hazards. regional focus The FM Global Centre will encourage regional businesses to take action in enhancing their resilience The center is also home to the company’s Asia operations. Present in the Asia Pacific region for 50 years and headquartered in Singapore for nearly 40 of these, FM Global has a regional focus on the pharmaceuticals, healthcare, and technology manufacturing sectors, as well as supporting the expansion of global clients into Singapore and the Asia Pacific. It is hoped that the FM Global Centre will contribute significantly to Asia Pacific’s growing loss prevention culture and encourage regional businesses to take action in enhancing their resilience. Improving client resilience “We are a global business with a strong commitment to improving the resilience of our clients in Singapore and across the region to help them better serve their communities and customers. Our fundamental belief is that the majority of loss is preventable, and the FM Global Centre reflects this combination of engineering and insurance insight,” said Tan Hian Hong, Senior Vice President, Operations and Operations Manager - Asia. FM Global Centre The FM Global Centre, which has incorporated Asian design principles to achieve harmony with the landscape, was developed by Ascendas-Singbridge, supported by main contractor Nakano, consultant and designer PT Consultants, M&P Consultants JRP, and interior designers Gensler and Cundall. It is built to FM Global’s FM Approved standards and represents one of the most resilient and well-protected buildings in the Asia Pacific.

Climate change poses a serious risk to businesses globally, but which of the facilities are at the highest risk, and in what ways? And how can users best protect their business and ensure users prosper in the future? FM Global answered these questions for policyholders by introducing two new first-of-their-kind climate resilience products: the FM Global Climate Risk Report and the FM Global Climate Reporting Aid. Both are available to FM Global clients, which include many of the world’s largest organizations, including one of every four Fortune 500 companies. Climate-related losses Climate-related losses at commercial properties with the highest climate risk are 30 times more likely to occur and be 180 times more severe than at properties with the lowest climate resilience, according to FM Global research. “We’ve analyzed losses from climate risk and the value of climate resilience,” said Randall E. Hodge, executive vice president, of staff insurance operations, at FM Global. “These new climate resilience products provide our clients with informed guidance from which they can prioritize their climate-risk-mitigation investments, ultimately leading to a more resilient tomorrow.” Risk prioritization A client’s score is based on both actionable risks, those that can be mitigated by actions The Climate Risk Report scores each client organization based on the actions they have taken to address climate risk and their unique exposure to events like floods, windstorms, hail, and wildfires. A client’s score is based on both actionable risks, those that can be mitigated by actions like installing flood barriers, and inherent risks, such as exposure to extreme weather. This information helps CEOs, CFOs, chief sustainability officers, risk managers, and other business leaders prioritize their most critical investments in climate resilience. Climate Risk Report The Climate Risk Report is based on billions of property-risk data points FM Global has collected in more than 60,000 engineering visits each year to client sites. The report is also underpinned by artificial intelligence, machine learning, and predictive analytics to help clients prioritize their risk improvement efforts. The Climate Risk Report complements FM Global’s recently announced Resilience Credit, a 5% premium offset to FM Global policyholders. Those companies can invest the credit which totals approximately US$300 million across FM Global’s client base in priorities identified in their Climate Risk Report. It has the potential to help those organizations reduce total loss expectancies from those exposures by more than US$120 billion. Help with ESG reporting Climate Reporting Aid is a guide that helps clients disclose acute and chronic climate-related financial risks The second new product, the Climate Reporting Aid, is a guide that helps clients disclose acute and chronic climate-related financial risks to investors and the public, according to widely-adopted frameworks like the International Task Force on Climate-related Financial Disclosures (TCFD), consisting of representatives from across the G20. “We are learning from our clients, and in particular from their chief sustainability officers, that this data is very valuable in completing these financial disclosures, and that data can be difficult and costly to obtain otherwise,” said Hodge. Climate risk disclosure Climate risk disclosure is an integral component of reporting on environmental, social, and governance (ESG) factors, a pressing responsibility for global organizations. Data from a custom Climate Risk Report can support reporting on climate-related opportunities and planned actions toward greater climate resilience. The Climate Risk Report and Climate Reporting Aid also will be provided to policyholders of AFM, FM Global’s middle-market business unit. A set of climate resilience products These new products bolster a climate portfolio that includes the publicly available FM Global Resilience Index. The online index ranks the relative resilience of the business environments of nearly 130 countries and territories and includes interactive climate risk and ESG filters. Predictive Climate Change Impact Report that will provide insights on clients’ unique chronic risk based on the evolving impact of climate change on perils such as drought, extreme temperatures, increased precipitation, intensifying winds, and rising sea levels.