NU Online News Service, Sept. 16, 12:08 p.m. EDT

Ruud H. Bosman, vice chairman of business property insurer FM Global, will retire in November after 40 years with the company where he worked his entire career.

Bosman joined FM Global in 1971. He was elected to the board and named vice chairman in 2009. He was responsible for all of FM Global’s operations, engineering, underwriting, marketing and claims activities around the world.

During his tenure with the company, Bosman held a number of other senior level positions, including executive vice president; chairman and managing director of the company’s international operations; senior vice president, division manager; and vice president and manager of the company’s New York operations.

“During the past four decades, Ruud has made significant contributions to FM Global’s success, especially in the area of strategic planning and direction,” says Shivan S. Subramaniam, chairman and chief executive officer. “He will leave an enduring mark on the company and we will miss him.”

Upon Bosman’s retirement, several planned leadership changes will occur.

Jonathan W. Hall, executive vice president, and Thomas A. Lawson, executive vice president, will report to Subramaniam.

Hall, who oversees underwriting and reinsurance, claims, marketing and enterprise learning, and engineering and research divisions, will assume executive management responsibility for Affiliated FM, a member of the FM Global Group.

Lawson, who is responsible for FM Global’s Canada, Central, Eastern and Western U.S. divisions, will assume executive management responsibility for the company’s EMEA/Asia Pacific division.

Established in 1835, FM Global is a $4.7 billion mutual insurance company.