At Mason-McBride, we understand healthcare staffing firms operate in a fast-paced, high-stakes environment, where every placement comes with a unique set of responsibilities and potential exposures.
Whether you specialize in nursing, physician placement, allied health, or medical recruitment, your agency needs insurance strategies that are as agile and responsive as the professionals you place.
As an independent insurance agency, we work closely with staffing firms to identify and recommend coverage options that help manage risk, protect your assets, and meet your contractual obligations.
Solutions for Healthcare Staffing Agencies
Staffing agencies require a variety of insurance coverage to protect against the risks associated with their operations. Here are some common coverages:
Workers Compensation Insurance:
Healthcare staffing agencies have specialized workers' compensation requirements. This coverage aims to benefit employees recovering from work-related injuries or illnesses and supports families in the event of workplace fatalities. Premium costs vary based on job risk factors, claims history, and payroll size
General Liability Insurance:
General liability coverage can help protect your employment agency against claims related to bodily injury, property damage, advertising injury, or certain allegations of errors or omissions. Without this coverage, your business may be responsible for legal costs, including attorney fees and settlements.
Professional Liability Insurance:
Professional Liability Insurance, also known as Errors and Omissions (E&O) insurance, is vital for healthcare staffing agencies. It helps protect your agency from claims alleging financial loss resulting from negligent acts, errors, or omissions in the professional services your placed healthcare professionals provide.
Employment Practices Liability (EPLI)
Employment Practices Liability Insurance (EPLI) is crucial for medical staffing agencies due to the potential for employment-related legal claims. This coverage can help protect your agency against allegations of wrongful termination, discrimination, harassment, wage and hour disputes, and other employment practice violations brought by employees or job applicants.
Cyber Liability Insurance:
Cyber Liability insurance is designed to help your agency respond to data breaches involving sensitive information, including personally identifiable information (PII) and protected health information (PHI). Depending on the policy, coverage may include expenses related to notification, data recovery, legal and forensic costs, business interruption due to cyber events, and potentially extortion demands.
Risk Management Beyond the Policy
No two staffing firms are the same. The professionals you place, the settings they work in, and the terms of your client contracts all contribute to your agency’s unique risk profile.
That’s why Mason-McBride takes a consultative approach. We take the time to understand your operations, assess potential exposures, and help you identify insurance solutions that fit your agency.
Whether you're a local agency placing traveling nurses or a specialized recruiter sourcing allied health professionals, we’re here to support your risk management goals with thoughtful, flexible recommendations.
Ready to Protect Your Agency?
Looking to review your current insurance or explore options tailored to your healthcare staffing agency? Complete the form below or contact us directly to speak with one of our advisors.