Appliance Manufacturers

fire

flood

Supply Chain

What do risk mitigation and property insurance have to do with your business strategy?

When you are in a constant pursuit of innovative products and solutions to improve the lives of your consumers, there is no room for business disruption. And while you work to deliver value to your customers, as a business you are also navigating the emerging risks that come with pioneering home technology. Supported by engineering-based expertise, we believe that the majority of loss is preventable. Success in a competitive global arena demands business resilience. We’re your partner, helping to make you more resilient and to protect your business from common and costly loss factors in your industry.

Build your operational resilience.

Create business success.

What are the biggest business risks manufacturers of home and kitchen products face?

Select an answer below

Build resilience into your operations and global business today.

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To learn more, sign up for an email package with loss prevention resources about fire, supply chain, climate-related risks and other challenges your business may face.

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FIRE

Implement automatic sprinkler protection

Plan with emergency response teams

Ineffective emergency response times can result in an increase of five times the average loss cost. Protect your business and avoid disruption in your operations with an emergency response plan.

Develop human element programs

FLOOD

It’s estimated that financial loss caused by flood in any given year is between US$2 billion and US$3 billion worldwide.

Supply chain

Supply chain is top of mind for us too, which is why we offer data-driven tools to uncover your exposure to risk when planning, consolidating and expanding supply chains, and a policy that protects your extended supply chain if the unthinkable happens. Keep business interruption to a minimum with Contingent Time Element Extended so that your entire supply chain is covered.

understand the hazard

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3 in 4 companies are underprepared for climate-related financial risk

Keep your business going and growing strong

The science is clear—as global temperatures increase, so do climate-related risks. We engineer solutions that empower you to protect today and prosper tomorrow. Get climate resilience products and consultative services with the support and flexibility you need so you have more time and resources to focus on what you do best.

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Environmental, Human Safety and Plant Leader

Risk and Operations Leader

What is your role?

Identify how your role is critical to building operational resilience and creating business success.

Finance and Business Strategy Leader

Environmental, Human Safety and Plant Leader

Strategically address exposures at your plants, mitigate losses and build resilience and consistency across your operations to protect your business, people and local communities.

POLICIES AND PROCEDURES (LINK TO LPE FOR EACH GUIDES BELOW) • Fire Protection Inspection Testing • Hot Work Management • Emergency Response • Contingency Planning • Electrical Maintenance ENGINEERING CONTROLS AND RISK IMPROVEMENTS • Sprinklers • Ignitable Liquids & Hydraulics • Flood & Quake FM Global Visit Coordination • Extensive site visits • Expert consultations and feedback from our engineers • Training resources • Research and testing capabilities

EHS/Plant Managers & FM Team

RISK IMPROVEMENTS

FM GLOBAL VISIT COORDINATION

POLICIES AND PROCEDURES

• Fire Protection • Inspection Testing • Hot Work Management • Emergency Response • Contingency Planning • Electrical Maintenance

• Extensive site visits • Expert consultations and feedback from our engineers • Training resources • Research and testing capabilities

• Sprinklers • Ignitable Liquids & Hydraulics • Flood & Quake

Finance and Business Strategy Leader

Now, more than ever, there is heightened expectation from consumers, employees and shareholders, of executives and risk managers to be well-prepared in the face of business disruption. We know the path to resilience is not always straightforward, but achieving excellence is critical to maintaining a competitive advantage.

The financial rewards of resilience are clear—business disruption has a significant impact on shareholder value. Companies who have resilient property portfolios, specifically looking at flooding and windstorm, added an average US$1.9 billion to their evaluations over the year following Hurricanes Harvey, Irma and Maria. Those who were not fully protected lost an average US$1.4 billion from their valuations.

It pays to be well protected.

-1

-2

$1.9BN

-$1.4BN

Value impact per client (USD Billions)

completed recommendations

active recommendations

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Risk and Operations Leader

What are the biggest challenges risk and operations leaders are facing to protect their kitchen and home manufacturers?

Claims handling

Receiving limited servicing from your risk insurer?

Frustrated with current loss handling?

Facing large complex supply chain risks?

How we can help:

FM offers direct servicing and a dedicated client service team to help each step of the way. We’ll provide personal end-to-end engineering services and consultations to enable global consistency at a local level. • Access to our industry-leading tools to help make risk management decisions, including benchmarking and predictive analytics • The capacity you need when you need it • World-class multilingual client training, resources and knowledge sharing

We’ll build a policy designed to support your specific needs for quick and efficient policy delivery, seamless global coverage, and industry-leading contract certainty. We believe in getting you back up and running to minimize property loss and disruption to your business. • In-house adjusters on-site within 24-48 hours • A fronted program to alleviate your risk and hassle to collect from other insurers and immediate access to capital

How we can help:

Increasing complexities in your supply chain can expose you to new risks. Utilize our industry-leading predictive analytics to strategically mitigate exposures in your supply chain with the help of engineering consultants. We also offer extended supply chain risk coverage so that you can rest assured you are covered.

How we can help:

$1,000,000

effective emergency loss: average loss

Ineffective emergency loss: average loss

Emergency response vs. average loss

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

of business and commercial property loss is caused by human factors. Planning, training, delegation, and supervision reduces the frequency and severity of loss.

70%

Clear scientific evidence confirms the world’s climate is changing and there is an urgent need to address the growing risks as a result of climate change. With the increased frequency and magnitude of climate-related risks, business leaders are faced with identifying, predicting, mitigating then adapting to protect properties and ensure business continuity.

Are you?

Increasing complexities in the global supply chain can elevate the risk of business disruption and cause significant losses.

25%

Leaving even

of your facilities un-sprinklered can equate to significant losses and business impact

Automatic sprinkler protection is your best defense against fire.

Average gross loss per US$100 of value was more than

10x

greater in unsprinklered facilities vs. sprinklered

Minimize fire damage, water and smoke damage

Allow you to resume normal operations as quickly as possible

(industry standard) contingent time element

FM contingent time element extended

predictable

80% of all flood loss occurs within high hazard flood zones

inevitable

1 in 10 existing industrial facilities is located within a flood zone

preventable

Identify flood exposures in your operations and with the help of FM engineers fully understand your potential flood scenario and how to mitigate loss.

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Improve lives at home.

What do risk mitigation and property insurance have to do with your business strategy?

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