We know that, the sum of the length of any two sides is always greater than the third side.
Let us consider Δ ABM,
⇒ AB + BM > AM ….. [equation 1]
Now, consider the other triangle Δ ACM
⇒ AC + CM > AM … [equation 2]
By adding equations [1] and [2], we get,
AB + BM + AC + CM > AM + AM
From the figure we can observe that, BC = BM + CM
Therefore, AB + BC + AC > 2 AM
Hence, the given expression is true