Cyber exposure today is the new normal. Every business is vulnerable to cyber attacks, as well as network security and privacy-related matters.
Staffing firms have a potentially greater exposure beyond protecting their own business: protecting where possible their client’s business as a result of a staffing worker’s actions. This can include safeguarding a client’s confidential information as well as being potentially responsible for the security of the client’s network and computer systems.
The cyber risk landscape is constantly evolving. The greatest risks of yesterday are replaced by newly identified exposures tomorrow.
World Wide’s Security & Privacy Liability Coverage for the Staffing Industry
Various insurance policies can provide some level of cyber-related exposure-response. At World Wide, these policies include: Security & Privacy Liability (Cyber), Crime, which can include Fraudulent Impersonation (Social Engineering) and Security Breach, as well as, Property & Inland Marine and Professional Liability with IT coverage.
Security & Privacy Liability Coverage
- Admitted Policy
- A+ Carrier
- Limits available from $50K to $2MM
- Deductibles available from $2,500-$25,000
- eRisk Hub- A special Program for World Wide Security & Privacy Liability Policyholders
As a World Wide Security & Privacy Liability policyholder, you are entitled to access a special program website eRisk Hub, a valuable resource in preparing for a data breach. From prevention tips to response recommendations, eRisk Hub will assist with any cyber situation provided by the Insurance Carrier at no charge. Website address information is provided along with the S&P policies issued to our insureds.
Our Security & Privacy Liability] policy steps in to protect a staffing firm for legal actions alleging bodily injury and or property damage. For the insured’s contract employees (temporary placements), our occurrence-based policy specifically extends coverage to the insured for damage caused by the contract employee while on assignment (care, custody, and control). See actual policy for complete information.
- Not Available in: AK, GA, ND and WA
- Pending Approval: NY
- Application: WW Security & Privacy Applications only
- Contact your WW Underwriter for submission requirements.
Make us your staffing services insurance provider.