June 23, 2017 3:07 AM ET

Insurance

Company Overview of Factory Mutual Insurance Company

Company Overview

Factory Mutual Insurance Company provides commercial property insurance worldwide. Its insurance coverage includes all-risk property coverage, business interruption coverage, sustainable coverage, boiler and machinery insurance and reinsurance, and cargo insurance, as well as alternative risk transfer products. The company also offers claims, impairment, supply chain risk management, project, business risk consulting, site evaluation, appraisal, cargo claims, brokerage, and cargo risk engineering services. Factory Mutual Insurance Company was founded in 1835 and is headquartered in Johnston, Rhode Island.

270 Central Avenue

Johnston, RI 02919

United States

Founded in 1835

Phone:

401-275-3000

Fax:

401-275-3029

Key Executives for Factory Mutual Insurance Company

Chief Executive Officer, President and Director
Chief Financial Officer and Senior Vice President of Finance
Chief Operating Officer
Senior Vice President of Asia/Pacific Division
Senior Vice President of Central Division
Compensation as of Fiscal Year 2016.

Factory Mutual Insurance Company Key Developments

FM Global Reports Earnings Results for 2016

FM Global reported earnings results for 2016. For the period, the company's total gross premium in force increased to $5.43 billion compared with $5.39 billion in 2015, and net income increased 8% to $796.8 million.

FM Global Appoints Kevin Ingram as Senior Vice President of Finance and CFO

FM Global appointed Kevin Ingram as senior vice president of finance and CFO. Ingram succeeds Jeffrey Burchill, who is retiring at the end of 2016. Ingram joined FM Global in 1990.

FM Global Begins Construction of Loss Prevention Training Center in Singapore

FM Global has begun the construction of a new loss prevention training and operations center, located in the Singapore Science Park, a research, development and technology hub in Singapore. The start of the construction phase for the six-story, 125,000-square-foot (11,610-square-meter) facility that will house the FM Global Asia SimZone, the company's first hands-on training facility in Asia, and the first of its kind on the continent. The SGD 80-million building will be constructed by Ascendas-Singbridge, and is expected to be operational in early 2019.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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