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PROFESSIONAL LIABILITY INSURANCE FOR STAFFING AGENCIES
Understand the Risks
Professional Liability Insurance for Staffing Agency queries come across our desks often. We’re glad to see them. Knowing that staffing agencies understand the need for professional liability (E&O) insurance is encouraging; it’s those who choose not to buy a policy that worry us. The following reasons illustrate why it’s so important for a staffing agency to buy professional liability insurance:
- The human element cannot be denied. Your main product as a staffing agency is people. You match your clients with potential employees, and hope that the arrangement is mutually beneficial. What happens when it is not?
- Imagine if the new employee is caught stealing a laptop computer from his new office. Did you run a background check on this person? Even if you had, your client may sue you on the grounds that you did not ask for qualifying information before offering employment.
Don’t assume that you and your employees will “just be careful – that way nothing will happen.” Mistakes are made. People are served with lawsuits. And without professional liability insurance for staffing agencies, you will be liable for court costs and attorney fees.
Since 1985, Agency Marketing has served as a wholesale liaison between insurance agents and carriers. We deal with A-rated carriers like Zurich and Carolina Casualty on a daily basis, and our goal is always to match our agent’s clients with the best coverage possible. Call us for your professional liability staffing company needs. We’re here to make sure you’re protected.
Call Agency Marketing Today at (727) 384-1036 to understand the risks of your liability insurance.
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