was recently named "Best for Service" in Business Insurance magazine's annual Buyers Choice awards, the company announced in a statement.
According to a press release, the magazine credited FM Global with “a high contract certainty rate” and noted that its “attention to service extends to all the insurer's operations.”
“Our platform is consistent around the globe,” Tom Lawson, executive vice president at FM Global, said in the statement. “As a mutual insurance company owned by our policyholders, we believe we're better underwriters because we focus solely on business property insurance, understand property risk and provide clients with sound engineering solutions to safeguard their property. We're also better engineers because of our underwriting and claims expertise, which together helps our clients ensure business continuity.”
The publication's award follows two other notable plaudits for the company in 2011 — a study of U.S. corporate risk managers by Greenwich Associates ranked FM Global tops in customer service, claims processing and underwriting expertise; and the company was named the “business favorite” for commercial property and business interruption insurance by Flaspöhler Research Group.