Shivan S. Subramaniam

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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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Created: Feb. 7, 2016, 2:04 a.m.
Last Modified: Dec. 11, 2016, 9:09 a.m.