FM building insurance: what each policy covers, and who underwrites it
1 building policy from FM. For each: whether flood and accidental damage are covered, and what happens once the building is left empty, with the sentence from its own documents. Underwritten by Factory Mutual Insurance Company.
- Website
- fm.com/
- What it is
- Insurer
- Listed on
- Factories, warehouses and large property (ISR)
- Underwriter
- Factory Mutual Insurance Company
- APRA
- Authorised by APRA to write new general insurance (listed as Factory Mutual Insurance Company)
Building policies
FM Essential (manufacturing commercial property)
- Type
- Industrial property · Industrial
- Sold
- Through a broker
- Left empty
- Not stated.
- Who it is for
- Manufacturing companies with a medium-risk complexity profile.
- Australia launched FM Essential in the first quarter of 2026.
- FM's core commercial property policy (all-risk, mutual client-owners) is also written in Australia but no Australian wording or minimum is published.
The policy
“Through FM Essential, brokers gain a distinct placement advantage for manufacturing risks, helping them deepen client relationships by supporting long term resilience”
Source: fm.com/About-Us/Our-Organization/Essential · Confirmed on the insurer's page on 13 November 2026.
How it is sold
“Offered through FM's broker partners, FM Essential is initially designed to serve manufacturing companies with a medium-risk complexity profile.”
Source: fm.com/newsroom/news/2026/resilience-is-essential-fm-launches-new-insurance-policy-for-manufacturers · Confirmed on the insurer's page on 13 November 2026.
Who it is for
“Offered through FM's broker partners, FM Essential is initially designed to serve manufacturing companies with a medium-risk complexity profile.”
Source: fm.com/newsroom/news/2026/resilience-is-essential-fm-launches-new-insurance-policy-for-manufacturers · Confirmed on the insurer's page on 13 November 2026.
Who underwrites and sells it
Underwriter
“Factory Mutual Insurance Company (“FMIC”) is a leading commercial property insurance company that forms long term partnerships with its clients to support risk management objectives through a unique combination of engineering, underwriting and claims activities.”
Source: fm.com/-/media/project/publicwebsites/fm/files/office-locations/australia---remuneration-disclosure-statement-2025.pdf · Confirmed on the insurer's page on 13 November 2026.
Factory Mutual Insurance Company: licence
The underwriter's licence number is not given in the documents read for this page.
Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. What each policy covers and who underwrites it are read from each insurer's own documents by hand and re-checked daily, so a change can take a day to appear, and the policy wording you are issued is what applies to you. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.