FM Unveils State-of-the-Art Science and Technology Center in Luxembourg to Boost Innovation
FM, a prominent player in commercial property insurance, has officially broken ground on the FM Science and Technology Center in Luxembourg. This state-of-the-art facility is poised to become a pivotal hub for research, innovation, and collaboration, specifically designed to bolster FM's engagement with customers across Europe, the Middle East, and Africa (EMEA).
Planned to be completed by 2027, this ambitious project underscores FM's unwavering commitment to the EMEA region and its proactive mission towards risk mitigation. The center will serve as a gateway for EMEA customers to gain access to FM's extensive expertise in engineering and scientific research dedicated to emerging risk challenges.
Malcolm Roberts, FM's President and CEO, articulated that the establishment of the Science and Technology Center marks a significant milestone in FM's journey towards enriching support and resources for clients in EMEA. He emphasized, "Through our new cutting-edge facilities, we will enhance our existing research framework and disseminate FM’s resilience message to even more customers and partners." The center will focus not only on climate-related risks but also on industrial technology and solutions for mitigating cyber-related threats.
The significance of Luxembourg as a strategic location for this endeavor is noteworthy, as it has been the European base for FM since 2017. Its central position in Europe facilitates access to a diverse clientele and a robust talent pool from neighboring countries like France and Germany.
Upon completion, the FM Science and Technology Center will establish collaborative environments where clients, potential clients, colleagues, and partners can engage in experiential learning through state-of-the-art laboratories. This initiative highlights FM’s unique, engineering-based approach to risk mitigation and loss prevention through scientific research, which is crucial for building client resilience in the present and future.
Luxembourg's Prime Minister, Luc Frieden, acknowledged the center’s role in promoting an innovative ecosystem within the region, stating, "The FM Science and Technology Center is a testament to Luxembourg's excellent ecosystem in Europe regarding data-driven innovation."
FM aims to integrate this new center with its existing global research initiatives, including world-class facilities such as the FM Research Campus in West Glocester, Rhode Island, and the FM Science and Technology Center in Singapore. This strategy is intended to enhance FM's research capabilities and empower customers with innovative loss prevention knowledge.
In conclusion, the FM Science and Technology Center represents a bold step forward in the company’s trajectory, affirming FM’s dedication to providing enhanced risk management strategies tailored to meet the evolving needs of its clientele while fortifying the groundwork for scientific advancement in loss prevention. As it lays the foundations for the future, FM continues to strive for excellence in fostering both economic prosperity and environmental resilience throughout EMEA.