Tag Archive Staffing

Staffing Firm

The 2 Key Facts You Might Not Have Known About Getting Your Staffing Firm Properly Insured

While browsing through https://www.wwspi.com/ to search for the perfect policy for your staffing firm, you may have realized that you’re not sure what direction to head in for your coverage. Sifting through insurance information can seem disorienting, but there are a couple key facts that you should absolutely be aware of to secure the best-fit policy for your agency.

1. Make Sure You Purchase Adequate Coverage for Any Highly Valuable Company Assets

Part of having insurance in place is for legal protections, but another important reason to get a good policy is to be covered financially. Make sure whatever policy you buy adequately covers your company’s most valuable assets.

2. Choose Coverage From At Least Three Main Insurance Categories

While you may think you only need a single insurance type for your staffing agency, you likely will actually need at least three different types. These cover:

  • Errors and omissions, or E & O, insurance, also called professional liability coverage
  • General liability coverage, which is helpful for a wide range of occurrences, from third-party damages to intellectual property lawsuits
  • Worker’s compensation, which covers employees’ salaries and expenses if they’re hurt while at work

As you look for your agency’s ideal insurance policy, it can be easy to feel overwhelmed navigating all the options. If you follow these two guidelines, however, you can work through the noise and identify the coverage that’s best suited to your firm.

Staffing Insurance for Nursing

Key Facts About Staffing Insurance for Nursing

If you run a medical staffing firm and specialize in providing healthcare facilities with qualified personnel, you may be wondering whether you need staffing insurance for nursing. While it might seem like an extra expense, staffing insurance is essential to protect your company in case of injuries and accidents, damage, liability claims, and more. Here are a few key facts to keep in mind as you search for the right coverage for your firm.

Coverage Can Be Tailored

No matter what your medical staffing firm needs, you can find an insurance program tailored to your situation. Coverage may include:

  • Workers’ compensation
  • General and professional liability
  • Cyber liability
  • Third-party crime
  • Regulatory audit insurance coverage

While you can purchase a broad package, you may want to look for a carrier that can customize your coverage.

Protect All Your Assets

When purchasing insurance, it can be easy to overlook potential liabilities. Be sure that the package you decide on covers all of your assets, including finances, personnel, and company property.

Running a medical staffing firm can involve a lot of moving parts, so getting staffing insurance for nursing is key to protecting yourself in case of claims. Whether you provide medical personnel on a permanent or temporary basis, these key facts can help you find the right insurance coverage for your needs.