factory mutual

A factory mutual is a mutual insurance company organized for the purpose of insuring manufacturing businesses and industries. It refers to a group of insurance companies that provide property insurance and other risk management services (i.e., risk engineering services and loss-prevention standards designed to protect facilities, equipment, and business operations), focusing on risks associated with manufacturing processes. This includes fire and other property losses as well as equipment damages, business interruptions, and natural disasters. The term is commonly associated with FM Global.