Level up your risk management leadership

Posted on:

March 3, 2025

By: National Account Executive Patrick Cunningham, Federated Mutual Insurance Company

In today’s business environment, effective risk management can help take you to the next level of success and safety. It can bring your team closer, encourage active safety practices, and show that you care for the well-being of your business and employees. Consider the following:

Leadership responsibilities

Risk management leadership starts at the top. Effective leadership can involve investing time and resources in:

Developing sound policies and procedures

Setting clear expectations

Rewarding positive behaviors

Maintaining open channels for communication

Staying informed about current safety regulations and trends

Hosting training sessions on safety subjects that apply to the air conditioning contractors’ industry

Providing training, education, tools, and incentives can also encourage employees to take ownership of risk management practices.

Lead from the top down

Setting the tone from the top is critical for fostering a risk-aware culture. Executives should model behavior they wish to see, such as adhering to policies, participating in training, communicating openly, and prioritizing safety.

Proactive planning

It can help management to adopt a proactive approach to risk management by anticipating potential hazards and implementing preventative measures. This can involve:

Conducting regular risk assessments

Providing necessary tools, equipment, and personal protective equipment (PPE)

Reviewing and updating safety policies on an annual basis

Everyone is a risk manager

Every employee, from executives to new hires, plays a pivotal role in your business. Encourage your team members to consider themselves risk managers when it comes to keeping your business safe. For more information, contact your local Federated® marketing representative today.

Federated Insurance is an ACCA Platinum Strategic Partner. For more information about our Strategic Partner program, visit here or email ACCA’s Strategic Partnerships Manager Kenzi Vizzari at kenzi.vizzari@acca.org.

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Federated Insurance

Through valued business insurance products and proven risk management strategies, Federated Insurance offers peace of mind to contractors nationwide. Federated Insurance has been an ACCA Corporate Partner since 2009. ACCA’s recommendation of Federated helps ensure that association members receive personalized service, coverages tailored to their individual business needs, and assistance with their risk management efforts.

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