insurance for healthcare staffing agencies

Insurance for healthcare staffing agencies

Westwood works with a number of different insurance companies to source the most suitable insurance for Healthcare Staffing Agencies at the best price. Click the button for an obligation-free quote now.

why is medical staffing insurance essential?

Malpractice insurance for staffing agencies has become more essential than ever in today’s challenging climate. The healthcare sector increasingly relies on staffing agencies to make up for their shortfall in medical professionals.

Staffing agencies offer cost-effective solutions for medical facilities and attractive employment conditions for healthcare workers, but there is a risk. New dynamics in patient care are introduced, creating a need for healthcare staffing insurance.

One reason is that due to their non-permanent status, medical professionals from healthcare staffing agencies may not feel as invested in the healthcare facility’s mission. This detachment combined, with the transient nature of agency work, can lead to higher instances of errors and subsequent malpractice claims.

Staffing agencies need malpractice insurance

With the severity of claims and amounts of payouts increasing throughout the country, healthcare staffing agencies must fortify their defenses by acquiring medical personnel services insurance, including general liability, professional liability, and excess coverage.

Comprehensive insurance is a critical tool for every staffing company. It protects your business against liability claims, stemming from a medical professional’s failure to deliver the expected standard of care. This insurance covers a range of outcomes, from bodily injuries to mental anguish, all linked to negligent acts.

Westwood work with different insurance companies to source the most suitable healthcare staffing insurance at the best price. Click here to contact us now.

 

what types of insurance do healthcare staffing agencies need?

General Liability Insurance

General Liability Insurance

This is necessary for healthcare staffing agencies facilities. It covers medical expenses, settlements and defense costs resulting from bodily injuries and property damage your facility or organization could be legally responsible for.

Business owner's policy (BOP insurance)

Business owner's policy (BOP insurance)

A Business Owner’s Policy (BOP) is a comprehensive business insurance package designed for small to medium-sized staffing agencies. It provides a blend of liability coverage and property insurance.

Professional Liability Insurance

Professional Liability Insurance

Professional Liability or medical malpractice insurance overs any negligence or mistakes made by the individual medical professional during their practice. It differs from General Liability insurance, which covers the practice itself. 

Commercial Auto Insurance

Commercial Auto Insurance

This is relevant for healthcare staffing agencies who use vehicles for practice-related tasks. This insurance covers you against auto accidents, theft, and other vehicle-related incidents.

Workers Compensation Insurance

Workers Compensation Insurance

Workers Compensation Insurance is usually mandated by law. It protects healthcare staffing agencies and their employees in case of work-related injuries or illnesses.

Cyber Liability Insurance

Cyber Liability Insurance

Covers you against financial losses associated with data breaches, cyber attacks, and other cyber incidents. Insurers will usually conduct rigorous testing of your online system to fix vulnerabilities as part of this policy.

Contact Dale Nelson now

Dale Nelson of Westwood Insurance Group

Dale specializes in insurance for home healthcare providers. You can call him on the number below or fill out the form and he will get your message directly:

we've got you covered

General Liability Insurance

Protecting healthcare organizations against increasingly crippling litigation.

Professional Liability Insurance

Protecting medical professionals against increasingly crippling litigation.

Medical Malpractice Insurance

Protecting medical professionals against increasingly crippling litigation.

Cyber Liability Insurance

Protecting healthcare organizations & professionals against cyber attacks.

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Phone

216.539.0841
855.351.7487

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traditional insurance products

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    Insurance products at Westwood Insurance Group

    You can find more information on the Insurance Products main page.

    If you have any questions on the different policies, check out our Insurance FAQ’s

    alternative structures

    Westwood President, Michael Richards has extensive experience in setting up alternative structures for larger clients. Here are some examples:

     

    If you think your client could be large and stable enough to benefit from starting or participating in a captive or has a special need for another alternative structure, contact Michael Richards now by phone: 855 351 7487.