fident we are achieving compliance in those different countries says Melony Ellsworth the FM Global account manager working with Esterline We currently have multiple policies beyond the master policy we issue to provide that local insurance coverage for Esterline s properties Another benefit of hav ing WorldReach partners is that we have a standard underlyer that is a standard policy form So when Kristen looks at the policies in place internationally they are essentially a mirror image of what she has seen on the mas ter form It makes it so much easier for her Commitment to global compliance is a must have for Esterline due to the nature of the work the company does The Esterline team is always focused on compliance and requires the same from its partners Another advantage of teaming with a global insurance company is their capacity not only to have the policy in place but also the people to keep track of recommendations needs and progress Honestly my account engineer Will Arnold and FM Global s field engineers are my principal resource says Carnevali Will is my first call when I need something or we need to work through an issue and he either responds himself or he gets in touch with a local FM Global engi neer with the right knowledge to take care of it FM Global handles a lot for me so I don t have to visit all of those locations myself I couldn t do it alone But FM Global allows me to streamline my process and keep it simple Arnold the main engineer on the account agrees Esterline is very in tune with what s going on at all of their facili ties but they also don t have the internal resources to constantly monitor and manage the risk in each of their operations them selves This though is by design Esterline places trust in highly vetted preferred ven dors in a variety of business areas in lieu of hiring more internal staff This approach has many benefits when you have a world class partner like FM Global Moreover Esterline relies heavily on their broker Marsh and on their carriers both in property and in other lines of busi ness to help them manage risk What we get to do for them is provide their own internal information by visiting the sites and collect ing the data and we use that data to provide reliable risk management advice When the Esterline and FM Global team get a chance to travel together they can accomplish quite a bit On this occasion for instance Carnevali is traveling with both Arnold and Ellsworth When I tour facili ties with Will he can point out certain things and talk to me about the field engineering reports that he reviews says Carnevali He can talk to me about the recommendations and why they want to see something done He can also point out the recommendations they gave us that we put in place and imple mented Another challenge faced by Esterline and other global companies is developing a consistent view of risk management and loss prevention For example in some locales active loss prevention and risk mitigation aren t quite as common Communication is key and it s important to understand how and why perspectives on the role of insurance may differ Getting everyone comfortable and on the same page is often critical to the success of our insurance programs says Carnevali Letting them know what insurance we carry why we carry it why we have certain limits and the philosophy of our carrier are all issues we need to discuss at length 54 REASON ISSUE 2 2015

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