FM, one of the world’s leading commercial property insurers, has announced the opening of its new office in Mumbai, India’s financial capital. The move underscores FM’s long-term commitment to India’s growing risk management and (re)insurance ecosystem, positioning the country as a strategic hub for global resilience capabilities.
The launch was commemorated with a ribbon-cutting ceremony attended by FM leadership, brokers, partners, and clients from across the region. The new FMIC Mumbai reinsurance sales office will provide additional local presence, enabling closer collaboration with brokers and partners to strengthen risk understanding and management practices.
Greg Duncan, Regional Head (South Asia), FM, said: “Our growing operations in India reflect both a global and local commitment. By combining world-class expertise with on-the-ground engagement, we aim to deliver lasting value for our clients and contribute to India’s resilience journey.”
In addition to expanding its Mumbai footprint, FM is investing in innovation and technology development in India. The company recently opened a global capability centre in Bengaluru, serving as a hub for research, analytics, and engineering excellence. This centre strengthens FM’s global capabilities while tapping into India’s growing talent ecosystem.
Srini Krishnamurthy, Senior Vice President, FM Operations India, added: “India’s evolving economy and the increasing complexity of risks — from climate volatility and supply-chain fragility to cyber-physical exposures — are placing resilience at the centre of boardroom discussions. FM’s mission is to help Indian businesses become more resilient, support the country’s continued growth through engineering excellence and data-driven insights, and establish strong local partnerships.”
With Mumbai as a strategic base and Bengaluru as a technology hub, FM is deepening its role in India’s enterprise risk landscape, supporting businesses with global expertise and local engagement to build resilience for the future.
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