Lynette Schultheis, FM Global (Australia)
Company: FM Global
Job title: Senior vice president – operations manager
Lynette Schultheis, senior VP – operations manager for FM Global, sets the strategic direction in Australia, executes corporate objectives and ensures compliance with local regulations. She is also responsible for underwriting, engineering, claims, finance and human resources. Schultheis joined the company in 1986 and has held various positions in client service, underwriting and management. Most recently, she was the regional senior vice president of Europe for AFM. Schultheis received a bachelor’s degree in economics from the University of Illinois, and holds the CPCU designation. Earlier in 2019, she warned brokers about the devastating consequences of denial, saying many businesses leave themselves dangerously exposed because they just can’t seem to accept – or understand – the level of risk they really face. “Many people don’t choose to adequately understand their exposures, the likelihood of risk or the potential impact,” continues Schultheis. However, she says if brokers and insurers can aid and encourage education among end-clients, the entire insurance space will benefit. In reference to FM Global on the same subject, Schultheis says they are continually training its own people to keep them current and relevant in their role.