FM Global Awards Nearly 200 Groups with Prevention Grants

 

JOHNSTON, R.I., USA—FM Global, one of the world’s largest business property insurers, awarded US$400,000 in fire prevention grants during 2010 to help organizations worldwide more effectively prevent fire in their communities.

Fire departments, brigades and other related agencies in the United States, Canada, India and the United Kingdom benefited from FM Global fire prevention grants last year. On average, each grant recipient received US$2,400 to bolster loss prevention initiatives, like community education, prefire planning and arson prevention.

Because fire continues to be the leading cause of property damage worldwide, during the past 35 years FM Global has contributed millions of dollars in fire prevention grants to fire service organizations around the globe. Through its Fire Prevention Grant Program, FM Global awards grants that can have the most demonstrable impact on preventing fire, or mitigating the damage it can quickly cause.

“At FM Global, we’re passionate about the notion that the majority of property damage is preventable, not inevitable,” said Michael Spaziani, manager of the fire prevention grant program. “Far too often, inadequate budgets prevent those organizations working to prevent fire from being as proactive as they would like to be. With additional financial support, grant recipients are actively helping to improve property risk in the communities they serve.”

To learn more about FM Global’s Fire Prevention Grant Program, or to apply for a grant, please visit www.fmglobal.com/grants.

For more than 175 years, many of the world’s largest organizations have turned to FM Global to develop cost-effective property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk. With clients in more than 130 countries, FM Global ranks #545 among FORTUNE magazine’s largest companies in America and is rated A+ (Superior) by A.M. Best and AA (Very Strong) by Fitch Ratings for offering “the best combination of service, value, quality and innovation.” The company has been named “Best Property Insurer in the World” by Euromoney magazine, “Best Global Property Insurer” by Global Finance magazine and was voted “Best Commercial Property Insurer” in Business Insurance’s annual Readers Choice Awards.

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