What are the two biggest risks
of working with an insurance brokerage that doesn’t understand the staffing business?
First, you can end up with coverage that is far too narrow. While today you may be focused on a particular industry or job type, the reality is that you are always looking for new positions to fill. Things can change.
Second, you can end up overpaying for your insurance because your agent didn’t take the time to educate the carrier about your business model. For example, it’s not enough to say that you focus on the food manufacturing industry. The carrier needs to know if you’re providing food scientists or production line workers, as the risk factors are obviously quite different.
Milestone Risk Management understands all of this. We’ll ensure your carriers understand the variety of work and jobs that you currently fill… and that your coverage is broad enough to also cover the new job types that you may branch out into.