Updates

The 6 Most Common Causes of Data Breaches | Everybody uses the internet nowadays, but the majority of people tend not to worry too much about their cybersecurity or take the steps needed to protect their information going around online. However, cybersecurity is something that all organizations h...

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How to Protect Company and Customer Data | Crime is hefty. But crime through online avenues is even worse. No one thought that 30 years ago, this is an exposure that every company would deal with. Cybercrime is highly expensive, to say the least. A recent IBM survey found that data breaches cost...

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What to Do if an Employee is Caught Committing Fraud | The 2018 Association of Certified Fraud Examiners Report to the Nations found that private companies and small business suffer the most in the frequency of fraud (42 percent) compared to large corporations, government, and nonprofit organizat...

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Payroll Fraud: The Most Common Types, and How to Prevent It | The Association of Certified Fraud Examiners found in 2018 that U.S. businesses will lose at least five percent of their gross revenues to some form of fraud. For small businesses, the median loss amounted to $164,000 with the biggest ...

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How to Carry Out an Effective Business Risk Assessment | When it comes down to enforcing regulations in the workplace, there’s no way to improve each year if there’s no business risk assessment taking place. It can’t just be any assessment. It has to be both effective and impactful.

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What Businesses Can Do to Prevent Employee Crime | Every staffing agency should consider what avenues to take when it comes to preventing employee crime: which comes in all forms. In 2019, businesses have to worry about physical incidents as well as cyber attacks.

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Your alarm rings at 7:30. You roll out of bed, grab some breakfast, and get dressed for work. You pull on your collared shirt, tie, blazer…and pajama pants?

As Skype and videoconferencing becomes increasingly popular, more employees are working from home. According to the Wall Street Journal, mo...

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You want to grab drinks after work with your friend. The first decision you make isn’t where to go or what flavor margarita you’re craving. Rather, the first decision you make is how you are going to invite them in the first place. Text? Google Chat? Email? Facebook? Twitter? Google+? You see the...

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A new trend has changed the traditional resume/interview recruitment process. More and more companies are using personality assessment tests as tools to sort through candidates.

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Services

Staffing Insurance

  • Staffing Professional Liability Insurance

    Staffing firms make all types of placements – from industrial to clerical, attorneys, architects, engineers, and programmers, to financial and healthcare. Regardless of what type of placement the staffing firm makes they all need Professional Liability insurance. There are three main categories of exposures that staffing firms face: the placement exposure, actual work performed by the temporary worker and any additional service(s) the staffing firm is affording to its clients.
  • Staffing Direct Hire, Executive Search & Recruitment, Retained Search Professional Liability Insurance

    The responsibility of a recruiting firm that provides hiring and personnel consulting services is exposed to claims both from the company contracting its services and the candidates themselves. For example, if a firm commits to perform services such as reference checking, credentialing, confirmation of education, and background checks, claims that arise from the candidate’s actions can come back to haunt the recruiter based on an allegation that the checking or confirmation was not done, or was not done adequately. Additionally, claims can also arise from the candidate based on allegations of misrepresentation or discrimination.
  • Staffing General Liability Insurance

    Companies that utilize temporary labor will require that the staffing firms with which they work to carry Commercial General Liability (CGL) insurance. General Liability insurance will protect the staffing firm from a variety of claims that can arise from its business operations. The policy will respond to lawsuits alleging the staffing firm caused, for example, bodily injury or property damage to property owned by third parties, copyright infringement, slander, libel, or other damage to a person’s reputation, and physical injuries. It is critical that you secure a policy tailored to the staffing insured’s needs – and the requirements of your clients.
  • Professional Liability

    Staffing firms make all types of placements – from industrial to clerical, attorneys, architects, engineers, and programmers, to financial and healthcare. Regardless of what type of placement the staffing firm makes they all need Professional Liability insurance. There are three main categories of exposures that staffing firms face: the placement exposure, actual work performed by the temporary worker and any additional service(s) the staffing firm is affording to its clients.
  • General Liability

    Companies that utilize temporary labor will require that the staffing firms with which they work to carry Commercial General Liability (CGL) insurance. General Liability insurance will protect the staffing firm from a variety of claims that can arise from its business operations. The policy will respond to lawsuits alleging the staffing firm caused, for example, bodily injury or property damage to property owned by third parties, copyright infringement, slander, libel, or other damage to a person’s reputation, and physical injuries. It is critical that you secure a policy tailored to the staffing insured’s needs – and the requirements of your clients.
  • Abusive Acts Liability

    World Wide provides best-in-class underwriting for the staffing industry throughout the country supported by a top-tier carrier and strong customer service and claims handling. Our portfolio of coverages responds to the unique risk profile of staffing firms, including their liability exposures, which require protection against allegations of abusive acts. What makes our policy unique is that unlike other programs where Abusive Acts Liability coverage may be a part of staffing firm’s General Liability policy or even “silent” under the GL policy, we provide coverage as an individual policy with separate limits.
  • Employee Benefits Liability

    Under the Affordable Care Act (ACA), large employers must offer health insurance benefits to their full-time employees (those that work an average 30 or more hours a week). This can include eligible temp employees, which has further increased the already existing errors and omission exposure in the administration of employee benefits for temporary staffing firms. Employee Benefits Liability insurance is needed to protect an employer for an error or omission in the administration of an employee benefits program.
  • Employment Practices Liability

    From Fortune 500 companies to small local firms, they all rely upon staffing firms for their business needs. As a staffing firm, when you introduce your employee to another workplace there are inherent risks. As the employer of record you are responsible for their safety – and that extends to employment-related practice matters. Add to this, the fact that today’s environment has been further complicated by updated standards that are difficult to interpret, staffing firms face even more exposure to potential claims.Case in point: Employees may be nominally employed by a staffing firm (which generally recruits them, places them, signs their paycheck, and provides them with benefits), but they actually work for a contracting employer that relies upon the employee’s labor, provides supervision, and sets the terms, location, and duration of employment.
  • Hired and Non-Owned Auto Liability

    Any firm’s automobile liability exposure increases when employees use their own vehicles for business purposes on behalf of their employer. Staffing firms, however, have an additional exposure that other industries do not have: employees driving the vehicles of the staffing firm’s clients. Contractually, most clients require the staffing firm to be responsible for a client’s liability as a result of the staffing firm’s employee being involved in an accident while using the client’s vehicle. Not all staffing firm Hired and Non-Owned Auto policies provide coverage for client’s liability when a staffing firm’s employee is driving the client’s vehicle. You need to be sure your policy includes this coverage.
  • Stop Gap Liability

    Workers’ Compensation policies in monopolistic states do not provide for Employers Liability insurance. As a result, staffing firms in those states need to obtain Stop Gap Liability Insurance. Stop Gap will respond in the event an employer is found negligent in providing a safe and healthy work environment for their employees. Employers Liability coverage is provided to the employer for liability to employees for work-related bodily injury or disease, other than liability imposed on the insured by a Workers’ Compensation law.
  • Umbrella Liability

    In today’s litigious environment and with the high cost of liability claims, it’s only prudent that staffing firms carry Umbrella Liability insurance. An Umbrella policy contains additional coverages and additional limits of liability over the underlying policies. Many clients in fact require that staffing firm carry higher liability limits and staffing firm risk managers will request such coverage for adequate protection.
  • Crime Coverage

    Employee theft is one of the most prevalent and costly problems faced by American and international staffing firms. The most common criminal activities include theft and embezzlement. Moreover, over the last several years there are numerous reports of increased business crime exposures and activity from both management and employees. The Federal Bureau of Investigation (FBI) and the Department of Homeland Security have warned companies of an increase in the use of computers to withdraw funds, securities, etc.Critical in protecting against such crimes for staffing firms, recruiting companies and employment agencies is having a robust Crime insurance program in place. The Crime insurance program should provide coverage for theft of not only the staffing property but also that of the client’s property.
  • Office Package

    Office Package policies, such as a Business Owners Policy (BOP), combines Property and General Liability insurance at a discounted rate, providing staffing firms with the ability to pay less annually for both coverages. The policy is typically best suited to smaller firms.
  • Property & Inland Marine

    In addition to providing staffing firms with the proper Liability insurance coverages needed through World Wide, you can also offer Property and Inland Marine insurance to cover claims involving fire, theft, vandalism and other perils as outlined in the policy. Important in determining how much coverage to secure is properly valuing the staffing firm’s property, including equipment and supplies.Additionally, key to providing responsive coverage is assessing a staffing agency’s business interruption exposure in the event of a loss that causes the firm to shut down temporarily. For example, the indemnity period should be accurately assessed for each staffing firm. The indemnity period is the period after an insured event for which the business thinks they may be unable to perform fully and may need financial assistance to meet all their ongoing expense.
  • Workers Compensation

    Workers’ Compensation coverage for temporary staffing firms, employment agencies, and PEOs present unique and complex policy issuance and management issues that differ from traditional comp programs. Staffing firms, for example, are in the unique position of serving as an employer providing labor on a contingent basis to the many clients they serve. Key to the success of all staffing companies is the administration and management of their Workers’ Compensation program.

Testimonials

a year ago
Terrific response rate and very helpful to our agents in providing workers comp and professional liability insurance for the staffing industry.
- Jeff N

World Wide Specialty Programs

At World Wide Specialty Programs, our business revolves around protecting the staffing industry with sound, customized insurance solutions. In fact, for the last 50 years, our sole focus has been dedicated to the staffing insurance business, identifying its risks, and providing the industry with the most innovative staffing insurance solutions available. We know firsthand the challenges facing today’s contract staffing firms and partner with our clients to help build a stronger, more resilient staffing business because of the protection we afford them.

Our extensive knowledge of how the staffing industry works has taken our commitment to the sector further than anyone else in the staffing insurance industry. We identify and track developments, and ensure that our staffing industry clients are well protected and armed to effectively address the needs of their business with custom-fit insurance products and services.

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  • (877) 256-0468

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68 S. Service Road Suite 235
Melville, NY 11747
United States

Business Hours

Mon:8:00 AM – 5:00 PM
Tue:8:00 AM – 5:00 PM
Wed:8:00 AM – 5:00 PM
Thu:8:00 AM – 5:00 PM
Fri:8:00 AM – 5:00 PM
Sat:Closed
Sun:Closed
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