As for risk exposure at our Korean sites FM Global was already familiar with them because they as part of their pro cess conducted a professional risk survey a few months before we signed the insur ance contract We have very integrated and concentrated manufacturing locations at our site in Hwasung Korea rather than a portfolio risk We already recognized the risk so we have a variety of loss prevention and protection systems in place What is your personal approach to risk management Actually my approach to risk is quite aligned with what Samsung is doing In terms of my personal history unlike typical managers at Samsung I joined the company just two years ago after working in many other business environments including two multinationals a British tobacco company and an American gas company Samsung has been trying to improve and integrate all safety related concepts from hardware to software perspectives especially over the last two years They invested a lot of money in risk improve ment which I am happy about Now I am focused more on managing people promot ing a safety mind set and monitoring the working practices of all employees includ ing contractors I am trying to create more balance in risk management between fail safe and foolproof efforts How do you envision FM Global facil itating that view Interestingly I had a chance to work with FM Global when I was at the British tobacco company as EH S manager So I am rela tively familiar with FM Global s company culture and practices Recently I was very impressed with their work on the risk sur vey Their detailed approach here was very professional As I mentioned Samsung has been trying to greatly improve its various programs including safety inspections But we realized after seeing FM Global s site survey results that there was still room for improvement To be honest I am very pleased to have the insurance contract with FM Global because it is one of the best property insurance companies in the world Plus I know that FM Global is compatible with us in all major areas like insurance coverage loss prevention advice risk man agement and claims services As an EH S guy I am personally more interested in loss prevention and risk management because safety is a number one priority for me I know you have more than 1 800 loss prevention engineers I am looking forward to the quality service and a great safety journey with Samsung What is it about FM Global s own philosophy on loss prevention that appeals to you I know FM Global has a very well orga nized service program for clients which is balanced between loss prevention and pro tection As far as I know that is different from typical property insurance companies which are more focused on insurance cover age and claims service This philosophy is completely aligned with my expectations of an insurance company I know that FM Global will help us in our journey toward managing our risk suc cessfully with quality services in a most effective and efficient way in order for us to continue as the number one player in our business segment around the world It is a great journey with a win win strategy The Samsung team witnesses a fire test on their recent trip to the FM Global Research Campus ISSUE 2 2015 REASON 27

Vorschau Reason Magazine Issue 2 2015 Seite 27
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