remote work

How Remote Work is Reshaping Recruiting with Technology

Telecommuting, or working from a remote location, has been a small part of the business world for many years. In the wake of COVID-19 and its significant health hazards, companies around the world ramped up their remote work options with innovative tools and technologies. Those same technologies are quickly revolutionizing recruiting and hiring practices as well. Just as staffing insurance protects human resources groups and staffing agencies against liabilities, remote recruitment technologies serve as a risk management tool to offer new ways to connect with and hire top talent.

Telework During the Pandemic

Prior to the deadly SARS-CoV-2 virus and its health effects, telecommuting was typically reserved for a small percentage of the American workforce. According to research compiled by the Bureau of Labor Statistics (BLS) in its 2019 National Compensation Survey, only about 7% of the estimated 140 million civilian workers in the U.S. had access to telework or remote workplace options. Of that 7%, most were manager-level or executive positions in white-collar roles.

As the coronavirus pandemic led to stay-at-home orders and business lockdowns, telework options expanded rapidly, not only for professionals but for employees of companies of all sizes and configurations. This shift to remote work may be permanent for many businesses, as the concept has been proven to be a viable work option for many companies.

Adopting Remote Work Technologies for Recruiting

Technology made it possible for businesses to make rapid shifts to telework for their employees. Standalone video conferencing programs like Zoom and Google Meet, virtual productivity suites like Microsoft Teams, and office management platforms like Asana and OnlyOffice allowed employees to efficiently work from home while collaborating with others.

Those very same tools have been adopted by those in the staffing and recruiting fields. Face to face interviews remain risky in the wake of the COVID-19 pandemic; being able to connect with qualified candidates through virtual video conferencing systems serves as a risk management tool, much in the way staffing insurance protects against business risks. Staffing professionals can easily create online events to reach out to candidates, conduct initial interviews, and complete hiring and onboarding procedures remotely.

Benefits of Remote Recruiting and Hiring

In addition to the safety of conducting recruiting, hiring, and onboarding functions remotely, HR managers have discovered several additional benefits to remote recruiting technologies. These benefits include:

  • More cost-effective processes, slashing the expenses associated with in-person meetings with candidates.
  • Improving recruitment of highly-qualified candidates who may otherwise not wish to relocate for work purposes.
  • Allowing the formation of expert team groups to solve complex business problems.
  • Expanding talent pools to a global level, giving recruiters the ability to connect with and expand business footprints.
  • Streamlining communication with candidates and new hires.
  • Facilitating outreach programs to identify and connect with a larger pool of qualified candidates.

As with any new technology in the workplace, concerns about data and personal security necessitate careful consideration. Businesses already rely on staffing insurance for protection against a range of employment-related risks; additional insurance protections and adoption of remote data security solutions will further solidify remote work technologies as a viable option post-pandemic. For now, it is clear that remote technologies have revolutionized many aspects of the modern business world. As these technologies evolve, new capabilities and new applications will continue to improve the recruitment and onboarding processes for staffing professionals.

About U.S. Risk

U.S. Risk, LLC. is a wholesale broker and specialty lines underwriting manager providing a wide range of specialty insurance products and services. Headquartered in Dallas, Texas and operating 16 domestic and international branches, U.S. Risk and its affiliates would like to help you access a world of new markets and products. For more information, contact us today at (800) 232-5830.

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U.S. Risk, LLC, a top ten property and casualty wholesaler and MGA, announced today that it has acquired Regency Insurance Brokerage Services (“Regency”), a wholesale broker and MGA headquartered in Hallandale, Florida, with additional locations in New York, New Jersey and South Carolina. The Regency team will join U.S. Risk Brokers, the wholesale brokerage division of U.S. Risk. Terms of the transaction were not disclosed.

Commenting on the transaction, Paul A. Riemer, chief executive officer of Regency, shared: “We are excited to join the U.S. Risk family of companies. We view this acquisition as a very positive event for our employees and are looking forward to being able to better serve our agents with the additional markets, products, and resources available through U.S. Risk.”

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Oxford Insurance Brokers Limited, an international subsidiary of U.S. Risk Insurance Group, has acquired a marine and energy team. This new team will form the core of a new Marine & Energy Division within Oxford.

The hiring of the team, who was formerly with Chesterfield Insurance Brokers, complements and is consistent with Oxford’s growth ambitions. Mark Rowland will head up the team, and will be joined by Ramsay Nicoll and Charles Reid. The team specializes in a number of marine and energy lines including marine hull and liability; marine employers’ liability; P&I; yachts; and ports and terminals.

Randall Goss, Chairman of U.S. Risk Insurance Group, said, “We are delighted to welcome Mark and the team to Oxford. They bring a range of exciting new opportunities for the Group and we are looking forward to their continued success.”

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Steve Leeret, Managing Director of Programs, Markel Specialty, commented, “We are excited to partner with U.S. Risk’s StaffPak team, who brings with it tremendous industry and program management experience. This partnership fits in well with our strategy to hire seasoned, well managed Program Administrators dedicated to specific niche business classes.”

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Founded in 2001, and headquartered in London, MGB is a Lloyd’s broker specializing in placing professional indemnity risks for companies in the construction, consulting, accounting, insurance, and other industries.

Randall Goss, Chairman of Trireme Insurance Group, said, “MGB’s approach to its partner brokers and clients is very similar to U.S. Risk’s. They value client service and building a long-term relationship by demonstrating their expert knowledge of their market segments. We are thrilled to have them as part of our group.”

Nick Bender, Joint Managing Director of MGB, said, “Glenn Gostling and I are delighted to join the U.S. Risk family of companies. We believe their entrepreneurial culture matches up very well with ours, and we are excited to be able to both supplement our offering to current brokers and clients and to expand our client base through the U.S. Risk network of agents.”

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