FM Global, a commercial and industrial property insurer, has opened its client-centred experiential risk management facility in Asia Pacific, situated in Singapore Science Park.
Designed to meet the 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.
FM Global said the centre will enable organisations 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 facility houses a series of interactive simulation labs and learning spaces, including an immersive theatre that demonstrate how investment in risk improvement can prevent losses and deliver business value.
FM Global said these insights can help organisations make the best decisions to strengthen supply chains, protect owned locations, or locate new facilities and ultimately generate business value.
The centre’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.
Malcolm Roberts, FM Global president and chief executive officer, said, “The FM Global Centre embodies how businesses can take action to realize the business value of risk improvement and increased resilience.
“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.”
OneShield, a provider of core software solutions for P&C insurers and MGAs, recently partnered with digital experience platform AirKit, to enrich its customer interaction capabilities.
Copyright © 2022 FinTech Global
