FM at Climate Week NYC: Protecting your purpose in a changing world

FM hosted a panel on the importance of proactive resilience with The Nest Climate Campus during Climate Week NYC.

With a focus on the role that insurance plays in helping businesses and organizations address climate change, the panel discussed the importance of insuring against climate risk – but also of taking proactive steps to protect your operations and infrastructure in a rapidly changing world.

The panel included Dr. Angelika Werner, research director for climate risk and resilience at FM; Michael Perron, renewable energy market lead for FM Renewable Energy; and Michael Smith, head of financial services technology at Altana, "a collaborative, public-private network" that leverages artificial intelligence "to build secure, resilient, efficient, and sustainable global value chains."

View this video of a panel FM hosted with The Nest Climate Campus during Climate Week NYC about insurance in the age of climate change.

FM: Helping Organizations Prepare for a Changing Climate

FM’s presence at Climate Week NYC highlights the leadership role the company has taken in addressing climate change with its clients and communities.

With more frequent and severe physical threats from weather events, businesses and organizations need new solutions – and FM is uniquely positioned to help its clients understand the emerging and evolving climate risks.

For example, over the past two years, FM has introduced an award-winning suite of climate resilience products.

Through FM’s Climate Change Impact Report, Climate Risk Report, Climate Reporting Aid and the FM Resilience Index, FM supports its clients with innovative solutions to identify, mitigate and provide valuable data on the impact of climate change.

Moreover, in 2022 and 2023 FM provided a first-of-its-kind Resilience Credit to eligible policyholders to help assess climate risk exposures and prioritize risk improvement investments. In 2022 the Resilience Credit totaled $294 million; in 2023, the credit increased to $357 million.

You can find more information on FM’s climate solutions here.