FM Global, one of the world’s largest commercial property insurers, has announced the appointment of Malcolm C. Roberts as CEO.
Before taking up his chief executive role, Roberts, who is currently vice president of the group, will become president on 1 August. He will officially become CEO on 1 January 2022.
Roberts replaces Thomas A. Lawson, who is set to retire on 31 December 2021 after 42 years with the company. Following his retirement, will remain chairman of FM Global’s board of directors.
Roberts joined the mutual insurance company in 1995 as a loss prevention consultant in London after working as a chemical engineer.
He has held a variety of management roles within the company across the globe and was appointed to his current position in 2018.
Lawson said: “Malcolm has the right balance of leadership skills and vision, intrinsic understanding of our corporate culture, comprehensive insight into our clients’ complex needs as well as extensive industry knowledge and experience.
“That, combined with FM Global’s enduring business model solely focused on property risk management and the resilience of our policyholders, will ensure the continued success we share with our client-owners.”