It's always interesting when a major player in our world makes a big leadership change. You know, it’s more than just a new name on an office door. It often signals a fresh perspective, a doubling-down on strategy, or the start of a whole new chapter.
And that’s exactly what’s happening over at FM. The commercial property insurance giant just announced that Alison Erbig is taking the reins as their new Executive Vice President and Chief Financial Officer, starting November 1st.
If you’ve been in the industry for a while, you know FM is a huge name. So, when they bring in a new CFO, we all tend to lean in a little closer. Let’s talk about who Alison is and what this move really means.
So, Who is the New CFO?
Alison Erbig isn’t a newcomer to the complexities of high-stakes insurance finance. Not by a long shot. She’s joining FM from Liberty Mutual Insurance, where she was most recently the CFO for their Global Risk Solutions division.
Think about that for a second. Her entire world was wrapped up in the finances of global risk. That’s a background that feels tailor-made for a company like FM, which lives and breathes large-scale commercial property risks all over the world.
Malcolm Roberts, FM's chairman and CEO, seems to think so, too. In the official announcement, he said, “With her strong track record leading financial strategy, enterprise planning and risk management, she brings deep experience and strategic vision to the CFO role.”
You can feel the confidence in that statement. It’s not just about finding someone who can balance the books; it’s about finding a strategic partner who understands the unique pressures and opportunities in our industry.
What Will She Be Focusing On?
Her new role is a big one. Of course, she'll be overseeing all the things you’d expect from a CFO: financial reporting, tax, treasury operations—the whole nine yards.
But here’s the part that I find particularly interesting. She’s also been tasked with leading the company’s risk management and enterprise resilience functions.
This is a huge deal. It means her job isn't just to report on the company's financial health; it's to actively help protect it. In an era of increasing climate events, supply chain disruptions, and cyber threats, having your CFO deeply embedded in enterprise resilience is, frankly, just smart business. It shows FM is thinking about the future in a very holistic way.
A Changing of the Guard
This move also marks the end of an era at FM. Alison is stepping into the role being vacated by Kevin Ingram, who is set to retire at the end of the year.
And get this—Kevin has been with FM for 35 years.
Thirty-five years. That’s an incredible tenure and a testament to both his dedication and the company's stability. When someone with that much institutional knowledge steps down, finding the right successor is absolutely critical. It’s about ensuring a smooth handover of not just responsibilities, but of wisdom and experience.
It seems FM has found that in Alison. She’s bringing a fresh perspective from another industry giant, but with a skill set that aligns perfectly with where FM is and where it needs to go.
It’s always a little bittersweet to see a long-serving veteran retire, but it’s also exciting to see what new leadership will bring to the table. We'll definitely be watching to see how Alison Erbig shapes the financial and risk strategy at FM in the years to come. It’s a big job, but it looks like they’ve found the right person for it.
