FM Group Secures Insurer Licence for Brazil After 40 Years
FM Group, a global leader in risk management, has received a licence for its subsidiary FM Seguros to operate as an insurer in the world market of Brazil. This move, after nearly 40 years of presence in the stock market today through partnerships, allows the group to enhance its engagement with local companies and brokers. FM Group's approach to business continuity involves acting as a partner to client-owners, understanding and managing risks effectively. The authorisation to operate as an insurer in Brazil, secured through FM Seguros, is a significant step in this direction. FM Seguros plans to initiate insurance services in 2026, coordinating with existing partners and clients. The group aims to bring its expertise in capital, research, and engineering to Brazilian companies, helping them build resilience and protect their businesses. FM Group's Intellium programme, launched in May, will also play a role in addressing risks associated with AI and cloud computing. FM Group's licence to operate as an insurer in Brazil allows for enhanced engagement with local companies and brokers. The group plans to initiate insurance services in 2026, bringing its expertise in risk management to the stock market. This move is a testament to FM Group's long-term commitment to the Brazilian market.
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