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IT Staffing Professional Liability

Posted by Maggie Hammett on Feb 12, 2016 1:45:33 PM

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Information Technology Staffing

Information Technology Staffing includes identification and placement of personnel into an employment role. This can be for permanent or temporary placement; with a focus on placing technology engineers, consultants, programmers, or system administrators.

Opportunity:

  • Size of Market:  Over $20B in revenue
  • Average Premium:  $1,200
  • Minimum Premium:  $500

How to Quote:

Categories include:  

  • Information Technology Permanent Placement
  • Information Technology Temporary Placement

Exposure Concerns:

The biggest professional liability exposure is placing a properly trained person to fill a position.  Be sure they have the certification necessary to complete the job.  Doing criminal background checks on the staff you place will help reduce exposure.  Help your clients understand Technology Insurance.

Key Questions:

  1. Do they supervise placed personnel?
  2. Do they staff non IT personnel?
  3. Are criminal background checks in place?

 Coverage:

  • Revenues from $1k to $25M
  • Limits up to $5M
  • Deductible options ranging from $1k to $250k

Email Tech Underwriter  

 

If you think that you have a business or know of a business that provides these type of services and is in need of technology E&O, please contact Stuckey & Company.







Topics: Stuckey & Company, Blog, safetytek, it insurance, professional E&O, professional liability, cyber liability insurance, IT E&O, errors and omissions

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