In a staffing business, you have some unique challenges. You are working with many different people, from the clients you are placing to the employers you are placing them with. This brings up a lot of liability. That is why you need to have the right staff insurance. You want to protect your company while also protecting everyone you are working with. One type of staff insurance coverage that you want is direct hire/personnel consultants professional liability insurance.
What It Is
Direct hire/personnel consultants professional liability insurance is also sometimes referred to as errors & emissions or E&O. It is designed specifically for staffing agencies and the unique liabilities this type of business has.
What It Covers
It covers you for issues that may arise from your placement of individuals with a company. Generally, it will also protect you and your staff against allegations. It covers issues like discrimination and financial loss. Generally, it picks up where your general liability coverage leaves off. General liability staffing insurance will usually only cover claims of bodily injury, property damage, personal injury or advertising injury claim. This is extra coverage that you need to protect your staff and your business.
Choosing what types of staff insurance you need can be tricky. It helps to know as much about each option as possible. Getting direct hire/personnel consultants professional liability insurance is often advised so you can be sure your business is fully protected.