FM Global opens risk management facility in Asia Pacific

FM Global has opened its first experiential risk management facility in Asia Pacific. Designed to meet the complex and diverse needs of the Asia-Pacific region, the FM Global Centre aims to help clients and prospects in the region to protect their assets while increasing their longer-term resilience.

The SGD$80m, 6-storey facility spans 11,613 sqm and houses a series of interactive simulation labs and learning spaces, including an immersive theatre that demonstrates how investment in risk improvement can prevent losses and deliver business value. These insights are intended to help organisations make the best decisions to strengthen supply chains, protect owned locations, or locate new facilities and ultimately generate business value.

The centre’s interactive simulation labs have a specific focus on natural hazards, demonstrating how property losses resulting from high-wind events, floods and earthquakes can be prevented through a focus on greater climate resilience. Other experiential areas include material impact testing, flood simulations, and a virtual warehouse simulation to demonstrate the risks posed by natural hazards.

Malcolm Roberts, FM Global president and CEO, said: “The FM Global Centre embodies how businesses can take action to realise the business value of risk improvement and increased resilience. With the opportunity for first-hand experience in the science of risk management, companies will be empowered to elevate conversations about risk improvement and can more effectively address the challenges of increasing climate risk as well as growth and infrastructure challenges in the region.”

The centre is also home to the company’s Asia operations. Present in the Asia Pacific region for 50 years and headquartered from Singapore for nearly 40 of these, FM Global has a regional focus on the pharmaceuticals, healthcare and technology manufacturing sectors, as well as supporting the expansion of global clients into Singapore and Asia Pacific.

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