#Innovation #risk management #Luxembourg #Luxembourg City #FM

FM Launches Innovative Science and Technology Center in Luxembourg

FM, a leading commercial property insurance group, has officially opened its advanced science and technology center in Luxembourg, marking a significant step forward in its commitment to risk management and client engagement across Europe, the Middle East, and Africa (EMEA).

A Hub for Research and Collaboration

The new facility is designed to promote research initiatives and facilitate knowledge exchange regarding risk reduction among clients and stakeholders within the EMEA region. With its strategic location at the heart of Europe, Luxembourg provides a central hub that ensures closer access for clients needing FM's engineering expertise and innovative solutions to emerging risks.

Scheduled for completion in 2027, this ambitious project underscores FM's unwavering commitment to the EMEA region. The company seeks to build strong partnerships with its clients to safeguard their operations and proactively mitigate potential losses before they materialize.

The FM science and technology center will focus on advanced research into climate hazards, industry technologies, and cyber risk loss prevention solutions. It will also feature collaborative environments where clients, prospects, and partners can engage in training within experimental laboratories. This initiative reflects FM's unique engineering approach to risk reduction, which is critical for supporting client resilience both today and in the future.

Commitment to Research and Innovation

Malcolm Roberts, Head and CEO of FM, emphasized the significance of the new facility. He mentioned, “The FM science and technology center in Europe is a key milestone for us as we expand our support and resources for our clients in the EMEA region. Through this modern facility, we will enhance our existing research infrastructure and extend FM’s resilience concept to a broader audience of clients and partners.”

He continued, “We take pride in our expanded presence in Luxembourg and throughout the EMEA region. As FM grows globally, we adapt and integrate local standards, practices, and knowledge into our platform. This inclusivity not only enriches our understanding but also strengthens our relationships with policyholders, partners, and communities around the world.”

Luxembourg's Prime Minister, Luc Frieden, highlighted the importance of research and development for economic prosperity, acknowledging the FM science and technology center as a testament to the country’s robust innovation ecosystem.

Strengthening Global Reach

By establishing this facility, FM seeks to build on its existing research capabilities, further strengthening its global network of resilience. The center will underscore its dedication to combining insurance expertise with scientific innovation. FM's renowned research and educational institutions conduct essential testing and investigations to understand and mitigate growing risks faced by clients and their communities. Through these undertakings, FM aims to advance the science of loss prevention.

Existing Facilities

• - FM has research campuses located in various regions including Rhode Island, USA, which is the world’s first research center dedicated to preventing physical threats from escalating into disasters.
• - An Asia-Pacific science and technology center based in Singapore focuses on client-oriented risk management experimentation.
• - The Massachusetts campus houses a modern training center dedicated to innovative learning methods for both clients and FM staff, with plans for further research facilities set to open in 2026.

About FM

Founded nearly two centuries ago, FM is a leading mutual insurance group dedicated exclusively to property risk management and ensuring the resilience of its policyholders. Representing a plethora of major organizations, including a quarter of Fortune 500 companies, FM partners with these entities to enhance their understanding of hazards affecting business continuity, thereby facilitating economically sound risk management decisions that merge property loss prevention with insurance protection.

The launch of FM's state-of-the-art science and technology center in Luxembourg represents a significant milestone not only for the company but also for the industry as a whole, driving forward the importance of rigorous research and innovative risk management solutions.