Temporary Staffing Industry Coverage

December 5, 2005

Nuts & Bolts:
AIG Risk Management, a member of American International Group Inc., has launched a new suite of insurance coverages and risk management services for the temporary staffing industry. Products and insurance and risk management solutions can be tailored to the specific risk profiles of temporary staffing firms of all sizes. The National Association of Temporary and Staffing Services reports that the temporary staffing industry is the third fastest-growing services business in the United States, currently employing more than 2.5 million men and women in virtually every business sector. AIGRM’s Temporary Staffing program offers comprehensive coverages that address standard and specialty risks, including primary casualty, workers’ compensation, general liability, automobile liability, fidelity, employment practices liability, fiduciary and professional liability. Further, loss control and safety programs aimed at improving interview and background check processes, screening clients, and developing training programs that assist employees in recognizing and avoiding workplace hazards are available. AIGRM’s claims experts offer: expertise in financial investigations to identify fraudulent claims; training for clients’ risk managers to help them recognize common fraud indicators; onsite visits where losses occur; implementation of medical cost containment policies; and assistance with setting up and funding return-to-work programs.

Dollars:
Statutory limits, deductibles start at $100,000, and minimum premiums vary by program type.

Carrier:
AIG rated “A++,” admitted.

States Available:
All.

Contact: Bradley Smith (617) 457-2957 or brad.smith2@aig.com.

Topics Risk Management

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