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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.

Digital healthcare Article 1 min Mon, Mar 21, 2022

  1. Convenience and service

    There are a wide range of package offerings for this product offering. You can choose to include professional liability, general liability, employee benefits liability, employer’s liability and cyber liability.

    We can also write excess over another carrier up to a CAD5,000,000 limit.

    Express turnaround time of 24 hours on 77% of submissions is unrivalled in the marketplace.

  2. Bespoke E&O cover for staffing operations

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

    You can choose to 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), plus 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@cfc.com

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