Article February 21, 2022

Recruitment and staffing insurance: Five reasons to choose CFC

With recruitment and staffing agencies in such high demand due to the vast number of job vacancies, now more than ever they are looking to get the most from their cover. A broad comprehensive policy, but still at a competitive price. Here are some of the reasons why you should choose CFC.

  1. Convenience and service

    There are a wide range of package offerings for this product. You can choose to include professional liability, general liability, employee benefits liability, and cyber liability, and we can write excess over our own primary or over another carrier up to a USD5,000,000 limit

    Express turnaround time of 24 hours on 82% of submissions is unrivalled in the marketplace.

  2. Bespoke E&O cover for staffing operations

    We know recruitment and staffing, and our E&O cover has been designed to pick up the key exposures faced by staffing firms.

    We also include non-standard coverages like breach of contract, vicarious liability of placed personnel, intellectual property coverage and loss mitigation coverage.

  3. Broad appetite

    We can extend cover to include any method of placement (temporary, temp-to-hire, permanent). We also love professional employer organisations (PEOs), and also any associated consulting or professional services provided by the Insured directly, such as accounting or management/ HR consulting.

    Our appetite can also include types of placed personnel, anything from clerical to construction

    See our appetite sheet for more details.

  4. Expertise

    Industry specialists have created the forms specifically for recruitment and staffing firms.

    Our underwriting team has decades of experience, you will always have a consistent, dedicated underwriter servicing your accounts.

    Our claims team has a wide breadth of experience in handling staffing-related claims and are one of the largest in the market.

  5. Worldwide coverage

    Recruitment and staffing often crosses borders, with personnel being brought in from abroad to perform all sorts of different roles. This can range from banking and finance to cleaning services. CFC’s true worldwide coverage provides your insureds with true peace of mind. See our recent wins document to find out more.

     

Here are some additional resources you may find useful:

Let CFC be your recruitment and staffing experts! If you have any further questions, please email res@cfcunderwriting.com