Insurance for Staffing Companies

Connor & Gallagher OneSource (CGO) understands the difficulties associated with insuring staffing firms.

We limit your risk exposure and take proactive measures to control your insurance costs

Staffing firms often find it very difficult to place workers’ compensation coverage for their company due to their temp employees working in various environments with different NCCI class codes. We are experts at making sure your employees are properly classified by the National Counsel of Compensation Insurance. CGO partners with top rated insurance companies to make sure they understand how your exposures are controlled to keep your insurance costs to a minimum. We have helped other staffing firms develop a pre-start inspection process to help ensure your employees are working in a safe environment.

Protect Your Staffing Agency with Tailored Insurance Solutions

Comprehensive insurance for Staffing Companies

Running a staffing agency, temporary staffing agency, recruiting firm, or employment agency presents unique risks, from placing employees in diverse work environments to navigating complex regulatory requirements. Our specialized insurance solutions ensure your agency is protected from potential liabilities, allowing you to focus on growth and success.

Essential Insurance Coverages for Staffing Agencies

• Workers' Compensation Insurance – Covers medical expenses and lost wages for employees injured on the job, essential for agencies placing workers in various industries.
• Professional Liability Insurance (Errors & Omissions) – Protects against claims of negligence, errors, or omissions in staffing placements that may result in financial losses for clients.
• General Liability Insurance – Shields your business from third-party claims of bodily injury, property damage, or personal injury.
• Employment Practices Liability Insurance (EPLI) – Covers claims related to wrongful termination, discrimination, harassment, or other employment-related disputes.
• Commercial Property Insurance – Protects your office space, equipment, and physical assets from risks such as fire, theft, or natural disasters.

Addressing Industry-Specific Risks

Staffing agencies, temp agencies, and recruitment firms face unique challenges, including:

• Multi-Industry Placements – Temporary staff often work across various sectors, each carrying distinct risks that impact insurance needs.
• Compliance Challenges – Navigating state-specific regulations for workers’ compensation and employment law compliance can be complex and costly.
• Contractual Liabilities – Ensuring proper coverage for indemnification clauses in staffing contracts is critical to risk management.

What Affects Your Insurance Costs?

Several factors determine the cost of insurance for staffing companies including:

• Size and Revenue of the Agency – Larger agencies or those with higher revenue may have increased premium costs.
• Claims History – A history of frequent claims can raise insurance rates.
• Employee Roles and Placements – Staffing higher-risk positions (e.g., construction or healthcare) impacts coverage requirements and pricing.

Risk Management Strategies for Staffing Agencies

To mitigate risk and potentially lower insurance premiums, consider:

• Comprehensive Employee Training – Preparing temp workers for their roles reduces the likelihood of workplace incidents.
• Workplace Safety Assessments – Evaluating client workplaces ensures they meet safety standards and reduce liability exposure.
• Robust Screening Processes – Implementing thorough background checks and candidate assessments minimizes placement risks.

Why Choose Us?

We specialize in providing tailored insurance solutions designed for staffing agencies, temp agencies, employment agencies, and recruitment firms. With our expertise, you gain:

• Customized insurance plans that align with your business model.
• Industry-specific risk assessments to optimize protection.
• Competitive pricing options from top-rated carriers.