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PROFESSIONAL LIABILITY INSURANCE FOR STAFFING AGENCY
Common Concerns
Staffing agencies face unique professional liability concerns due to the nature of their product: people. To protect their organization from errors and omissions (E & O) it’s important for a staffing agency to retain proper insurance coverage. When dealing with human capital, there are a host of concerns to consider, and professional liability insurance eases the fear that one small mistake could mean the financial ruin of a staffing company.
Common concerns include:
- A non-existent or faulty background check. It’s a staffing agency’s worst nightmare – they send a candidate who sounds great on the company application to a valued client, only to discover that they’re a convicted felon or drug user. Misrepresentation of qualifications can be grounds for a suit as well.
- Perhaps a staffing agency recruit sent to work at a client’s office steals and sells classified information, regardless of their signing of a confidentiality agreement. This is grounds for a suit against the staffing agency.
- The “Dr. Jekyll and Mr. Hyde” effect has also landed staffing agencies in hot water. A candidate who seems perfect during her visit to a staffing agency suddenly morphs into a horrendous employee who causes bodily harm to someone in the client’s organization.
The message is clear: staffing agencies need professional liability insurance. As their agent, it’s your quest to find them the best policy possible that covers all their needs. At Agency Marketing, we only work with A-rated carriers. We’ll find you the quote you need to protect your client.
Contact an Expert in Professional Liability Insurance for Staffing Agencies Today at 800-542-2805.
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