Staffing Firm Owners Ask:
“Why Do I need All of This Insurance?”
1st in a Series
Over the years, the top question staffing firm owners have asked me is this; “Why do I need all of this insurance?” Insurance is complicated, often confusing, and usually expensive.
Over the next few months, we will answer that question for you in articles written in plain English, with real-life claims examples right from the Staffing Industry. At the conclusion of this series of informative articles, you’ll know the answer to that question, “what is all of this insurance and why do I need it?”
Devastating conditions in the economy over the last few years have hit the Staffing Industry especially hard. Profit margins are under pressure, bank accounts have shrunk, and cash flow management has become a top priority. As a result, many staffing firms have simply gone out of business.
In this economic climate every expenditure needs to be examined and questioned.
- Do I need all of these policies?
- What are my chances of being hit with a claim if I elect not to purchase a particular coverage?
- What types of claims are most common to the staffing industry?
- How can I modify my insurance program to reduce costs but still remain protected from a catastrophic loss?
As the 41st largest privately held insurance agency in the United States, every member of our staff is a specialist in insurance for the Staffing Industry. We work with business owners, CFOs and Risk Managers on a daily basis. We can help you answer those questions about your specific insurance needs, and we’re ready to do so.
We’re not tied to any single insurance provider. We have millions of dollars of premiums with all of the major staffing insurance programs in the country. We take an objective approach to your risk profile and customize your insurance plan to meet your company’s needs.
Stay tuned over the next weeks and months as we answer your most pressing questions about insurance and why you need it; where you need more and where modifications might make sense. With our help, you’ll feel confident knowing where you can and should make adjustments to your insurance program.
Approximately every two weeks, you’ll receive the next article in the series entitled, “Staffing Insurance: What you need to know--now!” If you missed an installment, or if you simply can’t wait for the next one, or you have a pressing question right now; please feel free to email me at RichS@ctkins.com and we’ll get you an answer right away.
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