Reason Mag Q1 2014 Seite 37

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zation is engaged This is our role in risk management It s about educating our entire organization not about perusing a single engineering report If there is a loss the whole business will suffer We must have continuous product in the pipeline Insur ance in this case is a business matter Felipe We have one main objective to ensure we understand our exposures so that they can be adequately managed One chal lenge is to ensure we use a uniform yard stick while recognizing local constraints Circumstances vary from big markets to small markets high volume production to specialized production highly automated to largely manual processes The same solution cannot necessarily be applied everywhere Pawel In my mind there are two key issues We demand 100 percent compliance This is our philosophy So every single territory needs to be compliant with local regulations have contract certainty and a policy issued on time not three or four months down the line It has to be done ahead of renewal date We re talking about servicing a global pro gram that includes 100 or more jurisdictions The second thing is about relation ships We see that cooperation and com munication are completely different when there s a resident engineer doing the work These engineers speak the same language and they can report quickly to the location It s a completely different level of coopera tion than if an engineer from outside the area has to do the work You can t compare You certainly can t replace FM Global s resident engineers Fabrice In essence we share the same goal as FM Global s underwriters Our common goal is to mitigate losses and make the pro cess as smooth and cost ef cient as possible It s easier to convey that message within the organization to ensure that a risk control program is in place We want to engage the entire organization not just the engineering group or safety and security but general management local management as well as nance because ultimately an event will have nancial rami cations and impact across our organization We want to make sure that when we undertake a big project the entire organi From left to right Pawel Pietrucha Director Global Risk Management and Insurance Fabrice Fuentes Director Treasury Pension and Insurance Jonathan King Manager Risk Control and Loss Prevention Elizabeth Liz Beaudet Manager Risk Management and Insurance Felipe Dantas Manager Risk Management and Insurance