- FM is a commercial property insurer based in Johnston, Rhode Island, recognized as one of The Americas' Fastest-Growing Companies by the Financial Times in April 2026 due to its strategic value and commitment to innovation.
- In the past year, FM launched FM Renewable Energy and was affirmed an A+ (Superior) financial strength rating by AM Best, highlighting its robust operating performance and balance sheet strength.
- FM serves a diverse clientele, including industries impacted by the energy transition and the data center boom, leveraging science and engineering to enhance loss prevention and risk management.
- Ideal buyers for FM include large commercial enterprises seeking to mitigate risks associated with property and casualty insurance, particularly in sectors undergoing significant transformation, such as renewable energy and technology.
FM operates with a diverse departmental structure, comprising ten distinct departments. The largest department is Information Technology, which employs five individuals, followed closely by Operations with three employees. The Executive team has a headcount of two, while Community and Social Services also consists of two members. This distribution indicates a lean operational model with a focus on essential functions, supported by a significant number of personnel categorized under 'Other.'
FM's workforce is distributed across 14 locations, with the highest concentrations in Johnston, RI, and Philadelphia, PA, each housing two employees. Other notable locations include Providence, RI, Newark, NY, and Rochester, NY, each with one employee. The presence of 24 employees categorized under 'Other' suggests a substantial remote or distributed workforce, indicating flexibility in geographic operations while maintaining a concentrated presence in key urban areas.
