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Ten Qualities of a  Well-Protected Facility Joshua M. Gerkin    Account Executive  FM Global – Cleveland Operations
Today’s Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object]
FM Global – Value Proposition ,[object Object],[object Object]
FM Global – Quick Facts Date Established 1835 Organizational Structure Mutual A.M. Best Rating (’08) A+ Superior Fitch Rating (’08) AA Very Strong Gross Premiums $4.7B Policyholder’s Surplus $6.3B Assets $13.0B Scope of Operations Worldwide Number of Employees 4,800 Number of Engineers 1,500+
FM Global – Quick Facts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],4800 Employees, 1500+ are Engineers
FM Global – Validation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Ten Qualities of a Well-Protected Facility
1 – Commitment to Loss Prevention ,[object Object],[object Object],[object Object]
2 – Suitable Construction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
3 – Sprinklers Where Needed ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Operation of Various Sprinkler Heads
4 – Special Hazards Protection ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Aerosols
Flammable Liquids
5 – Adequate Water Supply ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
6 – Ongoing Fire Prevention Programs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
7 – Good Housekeeping ,[object Object],[object Object],[object Object],[object Object],[object Object]
8 – Maintenance of Buildings &    Equipment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
9 – Emergency Response Team &    Public Fire Service ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
10 – Protection Against Exposure Hazards   Fire, Windstorm, Flood, Earthquake & Collapse ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Ten Qualities Conclusion ,[object Object],[object Object],[object Object],[object Object],[object Object]
Test Videos
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Test Videos
ESFR Obstructions
Idle Pallets
Resources available to you
Resources –  www.fmglobal.com
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Resources –  www.fmglobal.com
Resources –  www.tsblosscontrol.com
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Resources –  www.tsblosscontrol.com
Does this stuff really work???
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 Effective Emergency Response Ineffective Emergency Response 1871 Losses 410 Losses 10 yr. fire response incidents vs. average gross loss (US$) Does this stuff really work? The impact of Human Element
Does this stuff really work? Two types of Losses
Does this stuff really work? Aggregate Loss Example FM Global Windstorm Loss from 2004 Hurricanes Client benefit from natural catastrophe engineering = $430M
Does this stuff really work? Aggregate Loss Example FM Global Windstorm Loss from 2005 Katrina 49% estimated reduction from projected loss attributable to risk improvement Note: Projected loss based on average experience for unprotected properties in similar events
Does this stuff really work? Aggregate Loss Example FM Global’s gross wind losses in Katrina were $505M ,[object Object],[object Object],82% 42% Open windstorm recommendations 18% 58% Fully completed windstorm recommendations  Share of Gross Loss Share of Total Insurable Value Locations with:
Protecting the value business creates… Thank You!

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Preparing for a Loss Prevention Inspection

  • 1. Ten Qualities of a Well-Protected Facility Joshua M. Gerkin Account Executive FM Global – Cleveland Operations
  • 2.
  • 3.
  • 4. FM Global – Quick Facts Date Established 1835 Organizational Structure Mutual A.M. Best Rating (’08) A+ Superior Fitch Rating (’08) AA Very Strong Gross Premiums $4.7B Policyholder’s Surplus $6.3B Assets $13.0B Scope of Operations Worldwide Number of Employees 4,800 Number of Engineers 1,500+
  • 5.
  • 6.
  • 7. Ten Qualities of a Well-Protected Facility
  • 8.
  • 9.
  • 10.
  • 11. Operation of Various Sprinkler Heads
  • 12.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 23.
  • 27. Resources – www.fmglobal.com
  • 28.
  • 29. Resources – www.tsblosscontrol.com
  • 30.
  • 31. Does this stuff really work???
  • 32. 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 Effective Emergency Response Ineffective Emergency Response 1871 Losses 410 Losses 10 yr. fire response incidents vs. average gross loss (US$) Does this stuff really work? The impact of Human Element
  • 33. Does this stuff really work? Two types of Losses
  • 34. Does this stuff really work? Aggregate Loss Example FM Global Windstorm Loss from 2004 Hurricanes Client benefit from natural catastrophe engineering = $430M
  • 35. Does this stuff really work? Aggregate Loss Example FM Global Windstorm Loss from 2005 Katrina 49% estimated reduction from projected loss attributable to risk improvement Note: Projected loss based on average experience for unprotected properties in similar events
  • 36.
  • 37. Protecting the value business creates… Thank You!

Notas do Editor

  1. Background: FM Global is the result of the 1999 merger of the Factory Mutual System companies — Allendale Insurance, Arkwright and Protection Mutual. Factory Mutual, the insurance companies’ jointly owned engineering arm, became part of FM Global effective with the merger. Our clients: FM Global is a global underwriter of property insurance for clients representing a variety of manufacturing and service industries, as well as public entities and educational institutions. Additionally, FM Global has teams of specialists who focus their industry-specific expertise on the needs of high-challenge occupancies, including chemical and forest products. Property Insurance: FM Global offers a full range of both broad-based and specialized risk management services and insurance products, including: all risk, cargo, boiler and machinery and non-HPR (Highly Protected Risk) commercial property.