Factory Mutual Insurance Co - Company Profile
Powered by 
All the sales intelligence you need on Factory Mutual Insurance Co in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Factory Mutual Insurance Co fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Factory Mutual Insurance Co.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Factory Mutual Insurance Co (Factory Mutual) is a company that specializes in providing commercial property insurance, risk management, and loss prevention services worldwide. The company's main activities include offering engineering-driven solutions to help businesses reduce risk and enhance resilience across various industries. Factory Mutual's major products and services encompass commercial property insurance, equipment breakdown reinsurance, and cargo insurance. The brands associated with the company include FM Affiliated, FM Cargo, and FM Boiler Re. The company's products and services are utilized by businesses across industries such as chemical, pharmaceutical, data centers, mining, power generation, and semiconductors. Factory Mutual operates through a network of brokers and partners to deliver its services. The company has a presence in regions including the Americas, Europe, the Middle East, Africa, and Asia/Pacific. Factory Mutual is headquartered in Johnston, Rhode Island, the US.
Headquarters
United States of America
Address
270 Central Avenue, Johnston, Rhode Island, 02919
Website
www.fm.com/
Telephone
1 401 2753000
Industry
Financial Services
Revenue (2024)
$8.1B
Factory Mutual Insurance Co premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Cyber Coverage | Loss-Prevention Engineering Services | FM Global |
| Data Loss Coverage | Site Evaluations | FM Affiliated |
| Climate Risk Coverage | Impairment Services | FM Approvals |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In January, the company signed an agreement to acquire Velocity Specialty Insurance Company, an excess & surplus (E&S) insurance provider. |
| 2024 | Corporate Changes/Expansions | In May, the company formed a Renewable Energy unit. |
| 2024 | Corporate Changes/Expansions | In July, the company unveiled its updated brand as ‘FM’ to reflect its growth and commitment to protecting client risk. |
Competitor Comparison
| Key Parameters | Factory Mutual Insurance Co | The Travelers Companies Inc | Cincinnati Financial Corp | TruStage Financial Group Inc | Amerisure Mutual Insurance Company |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Johnston | Saint Paul | Fairfield | Madison | Farmington Hills |
| State/Province | Rhode Island | Minnesota | Ohio | Wisconsin | Michigan |
| No. of Employees | - | 34,000 | 5,624 | - | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Malcolm C. Roberts | Chairman; Chief Executive Officer | Executive Board | 2024 | - |
| Kevin S. Ingram | Chief Financial Officer; Senior Executive Vice President | Senior Management | - | - |
| Randall E. Hodge | Chief Operating Officer | Senior Management | 2024 | - |
| Jonathan I. Mishara | Chief Legal Officer; Senior Vice President | Senior Management | - | - |
| Sanjay Chawla | Chief Investment Officer; Executive Vice President | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer