Insurer FM Global launches climate change tool to mitigate customer risks

JOHNSTON – Commercial property insurer FM Global last month launched its Climate Change Impact Report, a proprietary tool to help clients identify, understand and avoid risks up to 2050 in the future.

The climate change impact report combines customer-specific engineering data obtained on location with the latest climate science and modeling, the Rhode Island-headquartered insurance giant said in a statement, adding that it was released in response to growing short- and long-term concerns. – the temporal impact of climate change.

The report identifies specific client locations with the greatest potential impacts from climate change due to the threat of extreme rainfall, high winds, heat waves, drought and sea level rise. It covers two periods, short-term to 2030 and long-term to 2050, and is designed to mitigate climate-related risks.

“Climate change is clearly a critical factor in the decisions businesses, organizations and communities are making about their future,” said Malcolm Roberts, CEO and Chairman of FM Global. “With our engineering expertise, cutting-edge research and access to high-level data, we are committed to helping our partners navigate this rapidly evolving landscape. The Climate Change Impact Report equips our customers with the insights they need to help protect their facilities from future risks.”

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