Press release submitted on behalf of Federated Insurance.
Manufacturers Association for Plastics Processors member Tim Capps was among the 17 business leaders, representing 11 industries and 13 states, who gathered in Scottsdale, Arizona, on February 20-22, 2025, to participate in the 36th annual Federated Insurance Advisory Council. During this two-day session, Tim Capps shared their thoughts on serving and supporting the risk management and insurance needs of exceptional businesses across the nation. Conversation focused on:
- Common industry challenges and obstacles like legal system abuse, social changes, regulatoryupdates, and natural disasters that can impact business success.
- The value of risk management to protect businesses from disasters, with a focus on preventinglosses and injuries, and using Federated’s resources for support to enhance success ofprofitability.
- Hiring and keeping the right employees as they are a business’s most valuable asset and key tolong-term growth, along with developing strong leaders for the future.
- How and why associations are leveraged to broaden their impact and reach more members.
Advisory Council members heard presentations and shared insights on a variety of industry-related topics during their sessions. In addition, members recognized Federated as a trusted partner in helping to create and provide beneficial risk management resources while providing specialized coverages and solutions.
“Federated’s Advisory Council unites industry leaders from across the nation for two powerful days spent spreading ideas, addressing shared challenges, and identifying opportunities to further enhance the value Federated can provide businesses like yours. Once again, our Advisory Council members’ insights will help enhance our tailored insurance coverages and fuel innovative risk management solutions aimed at advancing the success of their businesses and industries. We are so grateful for your generosity and expertise!”
About Federated Insurance
Founded in 1904, Federated Insurance is a national insurance and risk management organization that serves the property, casualty, and life insurance needs of clients in select industries. The organization supports more than 500 recommendations from local, state, regional, and national associations and buying groups, and is rated A+ (Superior) by industry analyst A.M. Best®. At Federated Insurance, It’s Our Business to Protect Yours.®