FM Names Randy Hodge Chief Operating Officer

JOHNSTON, R.I., Nov. 14, 2024 /PRNewswire/ -- Commercial property insurer FM today announced the appointment of Randy Hodge to chief operating officer (COO). Hodge will take over the COO role from Bret Ahnell, who will retire from the company in March 2025. The appointment will be effective on Dec. 1, 2024.

Since joining FM in 1990, Hodge has held numerous staff and operations roles, including field engineer; group manager field engineering; account manager; assistant client service manager; client service manager; operations manager, Atlanta; and senior vice president, chief underwriting officer. Most recently he served as executive vice president, staff insurance operations.

"With Randy's deep knowledge of FM and long track record of delivering industry-leading solutions and services to our clients, he is uniquely positioned to take on the COO role and help lead FM into the future," said Malcolm Roberts, chairman and chief executive officer of FM. "I would also like to extend my deepest appreciation and gratitude to Bret for his incredible 38 years of leadership with FM, especially his unwavering commitment to our clients and their success."

Hodge earned bachelor's and master's degrees in electrical engineering from California State University.

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world's largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

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SOURCE FM