Luxembourg becomes a center for innovative risk reduction in Europe!

Luxembourg becomes a center for innovative risk reduction in Europe!

On March 17, 2025, the FM Group laid the foundation stone for the FM Science and Technology Center in Luxembourg. This state-of-the-art facility will be a central hub for research, innovation and customer engagement in Europe, such as ots.at reported. The new center will provide customers in the EMEA region, comprising Europe, the Middle East and Africa, with greater access to technical expertise and scientific knowledge in risk reduction. In addition, the facility will focus on urgent issues such as climate threats and cyber risks.

The prestigious project will be completed by 2027 and is in line with FM's strong commitment to the EMEA region. Prime Minister Luc Frieden emphasized the role of research in Luxembourg's economic prosperity and innovative strength. At the same time, FM announced that its insurance policies for the operation of renewable energy systems are now also available to customers in the EMEA region. This was done by fmglobal.de reported. The company leverages its decades of experience in energy production to help customers transition to alternative energy and advise them on the rapidly evolving risk landscape.

In particular, the launch of the new renewable energy business demonstrates FM’s commitment to helping companies design and operate resilient energy projects. This also includes protection against a variety of risks, ranging from climate-related hazards to system failures. These measures are part of FM’s broader strategy to promote resilience and security in the fast-growing renewable energy industry. “We are pleased to expand our services in the renewable energy sector,” said Doug Patterson, senior vice president at FM, emphasizing the importance of research and innovation in the development of this sector.