FM Global Resilience Index gains new client version

Platform allows clients to view their business’ resiliency, compare with peers, and identify exposures

FM Global Resilience Index gains new client version

Insurance News

By Gabriel Olano

International commercial property insurer FM Global has released a client version of its 2017 FM Global Resilience Index.

Risk managers, which make up a large part of the insurer’s clients, can access insights to better inform their decisions by using a personalised version of FM Global’s resilience index. The platform is based on an online tool that ranks the business resilience of close to 130 markets worldwide.

Users of FM Global’s client portal, MyRisk, can view a customised “Account Resilience Index Score” that indicates their facilities’ resilience against various risks. They can also view insured value by country compared with a nation’s resilience, as well as benchmark their resiliency scores against industry peers and other FM Global insureds.

Several enhancements were applied to the tool, based on property risk data for each client location, such as fire and natural hazard risk quality, exposure to natural hazards, emergency planning, and rebuild time. These are combined with external economic, cyber risk, and supply chain data to provide a clearer picture of the risks each business faces.

“It’s critical to understand the risk quality of your operations and whether the countries you’re located in can bounce back from disaster,” commented Bret Ahnell, executive vice president of FM Global. “These index upgrades and our expanded suite of analytics tools can help clients better protect their bottom line and be more competitive.”

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