Running a staffing agency is a bit more involved than operating businesses in other industries. The nature of the work conducted at such firms can be challenging because it involves risks that need to be addressed in advance through insurance. If an issue arises with one of your temporary workers, you want to be sure that your policy covers all your bases. Take a moment to review these tips and gain more perspective on liability insurance for agencies in the staffing industry.
The Basics of Professional Liability
When it comes to professional liability insurance for staffing firms, most of the problems you encounter will be related to the relationship between the temporary worker and the client where he or she has been placed. The main issues will be in relation to the placement of the worker, the overall performance of the employee, and the way the provided services were handled during the duration of the relationship. Having the right insurance coverage will protect you in the event of any problems that occur in these areas of the arrangement. Other points to consider include:
- Appropriate workers’ comp coverage
- Stop gap policy options where required
- D&O coverage
Find the Most Appropriate Coverage
By taking time to learn more about liability for staffing agencies, you can find insurance coverage that fully meets your needs. When you’ve got a policy you can rely on, it can deliver the peace of mind you need to keep your company successful.