BIN Digest

As an IT Staffing agency, it is important that you carry the correct insurance coverage, not just for you, but for your employees as well.  As a company that provides part time and full time employees to other companies, it is important that you are properly insured. 

Companies will not use your staffing services if you are unable to provide proper documentation of your insurance coverage.  Basic coverage that potential clients will be looking for include:

• Professional Liability Insurance – This will protect both companies in the event that your employee’s work is not deemed professional enough, or up to expected standards
• Fidelity Bond Coverage – This is often referred to as Employee Dishonesty Insurance, a necessity for temp or IT staffing agencies that deal with a large amount of employees not under their direct supervision. 
• Workers Comp Insurance – Having this coverage for your employees will make it easier on your potential clients since they will not incur the costs of insuring your temp employees from personal injury while on the job

More information on insurance coverage specific to IT Staffing Agencies can be found by visiting the TechInsurance Resource Center.  The resources center is a wealth of knowledge containing articles and information related to the IT industry.