Staffing agencies spread across industries, and therefore each agency has an individual set of unique risks. The healthcare industry in particular can present a multitude of risks across different sectors. These areas of exposure can be difficult to assess alone, and an insurance agent with little experience in this area of coverage may not be able to assess the risks properly. Running a staffing agency can be difficult when many employees work off-site in different environments, but insurance doesn’t have to be complicated. By researching the right agency and provider, companies can find a multitude of staffing insurance solutions.
Though each provider will have different coverage options and limits, there are some basics that are common across policies. Liability coverage can be a great place to start, and may providers offer excess or umbrella insurance as well. Some providers even offer risk management services, which can be useful as companies navigate a growing and changing industry. When clients work with staffing agencies, they often ask about insurance coverage, and the right insurance product could help agencies land more clients overall. Staffing agency insurance can be an indication of professionalism and speak to the quality of the business. Though navigating he insurance world can seem difficult, staffing insurance solutions are readily available.