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Cleaner energy shouldn't create significant risk. As mining operations turn to lithium-ion battery energy storage systems (BESS) to power a more sustainable future, they take on new and complex risks, such as fires and explosions. That's why strategic planning and risk mitigation are critical. In Australian Mining, FM Australia's Operations Chief Engineer Mike Hunneyball outlines what mining operators need to know before installing BESS on-site. From space separation to battery management systems and thermal runaway detection to emergency response plans, Hunneyball shares practical strategies to help operators reduce risk and future-proof their operations. "Explosions can occur, and these fires can be long-duration fires, so you need to have an emergency response team ready," Hunneyball explains. Read his entire article now to learn how FM's property risk experience is helping miners make smarter energy decisions: 👉 http://ms.spr.ly/6048q2V5e. #WeAreFM #Mining #BESS

Congratulations to FM Ambassador Rory McIlroy for completing his career Grand Slam! Resilience at the highest level. #RoryMcIlroy #WeAreFM

Considering renewable energy? Read this first. With the global energy demand set to double by 2050, the shift to renewables isn't just coming – it's here. For many businesses, investing in solar, wind, or battery storage is a strategic move toward long-term sustainability and cost efficiency. But here's the reality: the transition risks are often understated – and costly. 📉 In 2022, the U.S. renewable sector faced US$800M in claims, with losses primarily from extreme weather and equipment failure. 📊 FM's latest report, “Building Resilience into the Energy Transition,” is your roadmap to navigating hidden risks and making informed investment decisions. Inside, you'll learn: ⚠️ The top risks impacting new projects. 📊 Why 66% of financiers say resilience matters. 🏗️ How early risk planning unlocks better terms. 🛡️ Why insurers limit coverage – and what to do. This report is essential for any business leader considering renewables, whether for cost savings, ESG goals, or energy independence. 🌿 Sustainable isn't always secure. But it can be – with the right plan. 📥 Download our free report now: http://ms.spr.ly/6044qNuqG.

Congratulations Rory McIlroy! #themasters #fm

🔦 We are delighted to introduce the judging committee for our Spencer-RIMS 𝟮𝟬𝟮𝟱 𝗦𝘁𝘂𝗱𝗲𝗻𝘁 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲, composed of six esteemed Risk Management professionals! 🔦 Let's get to know Cristian Iglesias, ARM - Manager, Risk Services at The Cheesecake Factory, Inc., based in Los Angeles, California. 🔹  𝙒𝙝𝙖𝙩 𝙞𝙣𝙨𝙥𝙞𝙧𝙚𝙙 𝙮𝙤𝙪 𝙩𝙤 𝙨𝙩𝙖𝙧𝙩 𝙖 𝙘𝙖𝙧𝙚𝙚𝙧 𝙞𝙣 𝙍𝙞𝙨𝙠 𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩? I've always had a passion for numbers and problem-solving, which led me to study Economics and later pursue my MBA. As I went deeper into my graduate program, I became fascinated by how insurance & risk management ties everything together—analyzing data, assessing potential challenges, and making strategic decisions to protect businesses. It’s a field that constantly challenges me, keeps me engaged, and allows me to make a real impact. That’s what drew me in and continues to inspire me every day. 🔹 𝙒𝙝𝙖𝙩 𝙨𝙠𝙞𝙡𝙡𝙨 𝙙𝙤 𝙮𝙤𝙪 𝙗𝙚𝙡𝙞𝙚𝙫𝙚 𝙖𝙧𝙚 𝙚𝙨𝙨𝙚𝙣𝙩𝙞𝙖𝙡 𝙛𝙤𝙧 𝙨𝙪𝙘𝙘𝙚𝙨𝙨 𝙞𝙣 𝙍𝙞𝙨𝙠 𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩? I believe success in Risk Management comes down to a mix of analytical thinking, problem-solving, and attention to detail. For me, being able to break down complex data and identify potential risks is key, but just as important is the ability to communicate those risks in a way that makes sense to different stakeholders. Adaptability is also huge. You have to be able to think “outside of the box” when developing solutions. This field is always evolving, and staying ahead of new regulations and emerging risks is what keeps things exciting and challenging. 🔹 𝙒𝙝𝙖𝙩 𝙙𝙤 𝙮𝙤𝙪 𝙛𝙞𝙣𝙙 𝙢𝙤𝙨𝙩 𝙧𝙚𝙬𝙖𝙧𝙙𝙞𝙣𝙜 𝙖𝙗𝙤𝙪𝙩 𝙬𝙤𝙧𝙠𝙞𝙣𝙜 𝙞𝙣 𝙩𝙝𝙞𝙨 𝙛𝙞𝙚𝙡𝙙? What I love most about Risk Management is the ability to make a real impact by helping my company stay ahead of potential risks. There’s something really fulfilling about analyzing a complex situation, coming up with a strategy, and then seeing how it helps protect the company’s financial health and reputation. It’s a role that constantly challenges me, keeps me learning, and allows me to contribute to long-term stability, which is incredibly rewarding. 🔹 𝘿𝙤 𝙮𝙤𝙪 𝙝𝙖𝙫𝙚 𝙖𝙣𝙮 𝙛𝙪𝙣 𝙩𝙧𝙞𝙥𝙨 𝙤𝙧 𝙫𝙖𝙘𝙖𝙩𝙞𝙤𝙣𝙨 𝙥𝙡𝙖𝙣𝙣𝙚𝙙 𝙛𝙤𝙧 𝙩𝙝𝙞𝙨 𝙮𝙚𝙖𝙧? Every summer, I usually plan a trip with friends, and this year, we're hoping to visit Spain. They've never been, but I lived there for two years, and my family is from there, so I’m excited to share the experience with them. If an international trip doesn’t work out, we’ll still make sure to go somewhere warm and enjoy a fun trip together. ➡️ To learn more about this global student competition, visit https://lnkd.in/eyNBpbx4. ⬅️ #StudentRMChallenge #RiskManagementChallenge #Spencer #FM #RIMS #RISKWORLD

With global temperatures rising, flood risk is expanding – and fast. Is your business ready? Join FM’s Jessica Waters on April 30 for “Flooding: Confronting the Risks,” the next installment in our Expert Webinar Series. 📅 April 30, 2025 ⏰ 11 AM – 12 PM EDT 💬 Live Q&A We will explore: ✅ Emerging flood trends. ✅ Climate data and future risk. ✅ Proven resilience strategies. Whether your facility is in a high-risk zone or not, this session will help you think differently about flood resilience – and prepare you for action. 👉 Don’t miss out – register now: http://ms.spr.ly/6040q2TOk. #WeAreFM #FloodRisk #Webinar

FM Ambassador Rory McIlroy pursues one of golf's rarest achievements: the career Grand Slam. Reaching this level demands more than talent alone – it also requires purpose, resilience, and drive. These qualities Rory embodies on the course are the same values that guide us as we help our clients protect their purpose. We’re proud to stand beside him on this journey. Best of luck, Rory – we're cheering you on. What are your thoughts on his new golf bag? Let us know down below.👇 #WeAreFM #RoryMcIlroy

🌍 Climate-related risks are here; one hazard businesses cannot afford to overlook is flooding. Today, we reflect on the Reuters NEXT conference in December 2024. FM Chief Science Officer Dr. Lou Gritzo joined other global experts to discuss how companies can better understand and address climate risk. "Flooding causes more damage than any other natural hazard," Dr. Gritzo explained. "The big opportunity lies in transitioning from short-termism to longer-term investments in resilience. It requires a mindset shift to move beyond the here-and-now and think more about tomorrow.” Building true flood resilience involves investing in regional protection, forming partnerships, and prioritizing long-term resilience strategies over short-term solutions. At FM, our mutual model helps clients achieve these goals. Since 2022, the FM Resilience Credit has allocated over US$1 billion to help clients safeguard against natural hazards, potentially reducing economic impact by $50 billion. 🔗 Watch the panel and read the key takeaways: http://ms.spr.ly/6047qLsLh. #WeAreFM #ClimateRisk #ReutersNEXT

Data centers power every aspect of modern life – from finance and healthcare to manufacturing and national security. With the rise of artificial intelligence, the demand for AI-ready data centers also increases, leading to an 8.1% compound annual growth rate in data center construction through 2030. FM is well-equipped to address the critical risks associated with this rapid expansion. Our engineering-based approach, rooted in decades of scientific research and innovation, helps our clients identify and manage vulnerabilities – from site selection through design and construction. In this recent Insights article, we explore emerging risks and how FM can help strengthen your data center's resilience – minimizing losses due to floods, fires, power disruptions, and human error. 👉 Read the full article today: http://ms.spr.ly/6043qUDB5. #WeAreFM #DataCenters #RiskManagement

🚨 Missed last week's data center webinar? Don't worry – we've got you covered. Watch our exclusive webinar "Data Centers: Tackling the Risks" on demand whenever it works for you. Learn the trends, threats, and opportunities shaping the data center industry – and get practical takeaways from FM's own: 🔹 Oxley, Adrian, Staff Vice President, Senior Engineering Technical Specialist 🔹 Paul Heisel, Assistant Vice President, High-Hazard Occupancy Specialist From cooling challenges to fire hazards to uptime protection, they're unpacking the reality data center leaders face – and sharing strategies that can make a difference. 📊 Smart, data-driven, and built for what's next. Don't miss your second chance to stay ahead. 👉Watch now: http://ms.spr.ly/6042qqYxO. #WeAreFM #DataCenters #OnDemandWebinar