Temporary staffing
Focused on professional, light industrial and medical temporary staffing with premiums of $50,000 or more, this program offers guaranteed cost premiums with access to risk management tools designed to help temporary staffing companies lower their total cost of risk over time.
Appetite:
- Temporary staffing and medical staffing specialists with premiums of $50,000 or more
- Professional/light industrial: medical staffing:
- Longer term in nature, a more highly compensated basis in specialized white to gray collar industries
- Certain manufacturing and light-blue collar classes can be accommodated
- Longer term placements of RNs and LPNs (as opposed to CNAs)
- Hospitals
- Clinics
- Doctors offices
- Outpatient surgical centers
- Schools
- Physical/occupational therapists
- X-ray techs
- Dental hygienists
Other requirements:
- Premiums beginning at $50,000
- Solid management team with proven expertise in the staffing industry
- Management commitment to underwriting and safety of client operations, including written safety programs in areas such as patient lifting, blood borne pathogens, ergonomics, etc.
- Transparent, tangible loss history. Require 3 years minimum operating history
- For medical staffing risks, Joint Commission on the Accreditation of Health Care Organizations (JCAHO) certification
- Need address information on all single locations with over 50 employees at one time
Ineligible risks:
- USL&H exposures
- The program excludes staffing companies in following sectors:
- Heavy industrial/manufacturing
- Construction
- Transportation
- Nursing homes or assisted living
- Private homes (home health services)
- Prison facilities
- Psychiatric hospitals or drug/alcohol rehab facilities
- Temp. staffing agencies with less than three years in business
Geography:
- Nationwide
- As one of the largest property and casualty insurers in the country, Zurich has workers compensation filings in all non-monopolistic states, so we seamlessly accommodate multi-state staffing companies
- State-by-state market conditions are closely monitored, and currently we are accepting staffing companies whose payroll is not more than 10% in the state of California
Submission requirements:
- Acord Applications 125 & 130, available upon request for contact
- Supplementary application, available upon request for contact
- Five years loss run history
- Five years payroll/exposure data
- Five years of audited payroll summary
- Experience mod worksheet
- Details for losses over $25,000
- Two years financial statements
- Job duties for employee assignments
Coverages offered:
- Statutory Workers' Compensation
- Employer's Liability
- Blanket alternate employer endorsement capability
- Blanket waiver of subrogation capability when required by contact
Coverage limits:
- Workers' Compensation: Statutory Employer's Liability : $1,000,000/$1,000,000/$1,000,000
Admitted or non-admitted paper:
- Admitted
Additional program highlights
- Available services include loss control and auditing
- Available pricing programs include guaranteed cost
- Small deductible options available up to $10,000
- Program Administrator has more than 10 years experience insuring temporary staffing agencies