Shivan S. Subramaniam is chairman and chief executive of!cer for FM Global,
headquartered in Johnston, R.I., one of the world’s largest commercial property
insurance companies. FM Global, a mutual insurance company with a unique risk
management focus, is recognized as the most experienced specialty property
risk management organization in the world, providing its clients with insurance
capacity, risk assessment and loss prevention engineering expertise and research.
The company insures US$8 trillion in business property worldwide for more than
one-third of Global 1000 companies in more than 130 countries. With more than
1,500 engineers on staff and the industry’s largest research operation, FM Global
helps clients better understand their risks and develop property loss prevention
solutions that protect their bottom line.
Since 1999, he has helped the company grow from US$1 billion to US$4.6 billion
in annual revenue. FM Global has been pro!led on every major U.S. television and cable news network, featured
on the History Channel and pro!led in prominent publications ranging from The Wall Street Journal and the
Economist to FORTUNE magazine U.S. News and World Report and, most recently, The New York Times.
FM Global has been named “Best Property Insurer in the World’ by Euromoney magazine, ‘Best Global Property
Insurer’ by Global Finance magazine, twice named ‘European Business Insurer of the Year’ by Strategic Risk
magazine, and received the ‘Queen’s Award for Enterprise’ from the Queen of England.
Mr. Subramaniam has served in his current position since the 1999 merger that formed FM Global. Prior to that,
he was chairman, president and chief executive of!cer of FM Global’s predecessor Allendale Insurance. Before
that, he held several managerial positions within Allendale, including executive vice president, senior vice president
and chief !nancial of!cer. He joined Allendale in 1974. He began his career in 1971 as an industrial engineer with
Midland Container Corporation.
Mr. Subramaniam received a Bachelor of Science degree in mechanical engineering from the Birla Institute of
Technology in Pilani, India, in 1970. In 1972, he received a Master of Science degree in Operations Research from
Polytechnic InstituUe of NYU and in 1978, he received a Master of Science degree in Management from the Sloan
School of Management at the Massachusetts Institute of Technology (MIT), Cambridge, Mass. He also holds an
Honorary Doctor of Business Administration from Bryant University, Smith!eld, R.I.
In addition to his role at FM Global, Mr. Subramaniam holds seats on the board of directors for Citizen’s Financial
Group, Lifespan Corporation, the Rhode Island Public Expenditure Council and was its former president. He is also
a member of the board of trustees of Bryant University, Smith!eld, R.I. [+]
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