The Mutual Advantage in a Cyclical Market | Kevin Ingram, CFO, FM
In this episode, Jack is joined by Kevin Ingram, the CFO of FM, a mutual commercialβproperty insurer. They discuss how FM'sΒ ...
Senior Executive Vice President and Chief Financial Officer, Fm Global Factory Mutual Insurance
Verified interview transcripts, podcast appearances, and direct quotes from Kevin Ingram, Senior Executive Vice President and Chief Financial Officer at Fm Global Factory Mutual Insurance. AI-verified speaker identity with full-text searchable transcripts.
“I've been talking to FM for 10 years about the fact that the rating was too low and why it was too low. And over that period of time, our capital has just grown. Our capital has grown from, you know, the range of $12 billion to $26 billion now. And our, you know, the size of our exposures that we that we underwrite hav...”
“The mutual structure allows us to not focus on that quarter-to-quarter, month-to-month, you know, revenue, but also profitability. I mean, you know, do we need to be profitable? Yes, we have to be profitable. If you're not profitable, you're going to go out of business. But at the end of the day, we can withstand much...”
“Climate change is obviously a real phenomenon something that's gonna have a big impact on on facilities around the world right i mean you know whether it's office buildings or manufacturing sites or whatever the case may be airports. And so climate change is a big deal climate change impacts us by you know changing rai...”
“The pandemic was impacting all your employees right so so you know we say and every every company pretty much says our you know our employees our most valuable asset and they really are so you want people to understand that that you know you are concerned about them and you want to make sure that they're able to the fi...”
In this episode, Jack is joined by Kevin Ingram, the CFO of FM, a mutual commercialβproperty insurer. They discuss how FM'sΒ ...
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