Recruitment

Comprehensive cover in a single policy

On top of the standard cover every business needs, recruitment agencies face a raft of extra risks. From vicarious liability to non-standard contracts, all the potential pitfalls associated with placing candidates can be covered by specialist recruitment insurance.

What is Recruitment Agency Insurance?

To protect every aspect of your business, Recruitment Agency Insurance combines all the cover you need in one policy. Vicarious liability is included as standard, along with professional indemnity, employers’ and public liability, and cyber and privacy liability. You can add drivers’ negligence cover if your agency needs it. And every type of worker is covered, including PAYE staff, limited company contractors and people on zero hour contracts.

How it protects you

  • Professional indemnity – covers negligence claims against your agency, including misrepresentation of candidates or poor performance of placed personnel
  • Vicarious liability – extends your professional indemnity cover to include temporary workers’ negligence
  • Employers’ liability ­– covers claims resulting from an illness or injury suffered by an agency member of staff or a temporary worker placed by your agency
  • Public liability – your cover includes claims for property damage or bodily injury caused by a temporary worker
  • Cyber liability ­– covers your costs to retrieve, restore or replace data after a cyber attack, along with any financial losses as a result of business interruption; you’re also protected against third party claims for financial losses or the loss or theft of data
  • Privacy liability – covers claims for a breach of individual privacy rights or confidentiality, along with the costs incurred as a result of a service provider error, say for information stored in the cloud
  • Drivers’ negligence – covers accidental damage to a client’s vehicle caused by an agency-supplied driver

Why you should consider it

  • Now that recruitment agencies are more likely to be deemed the employer of a temporary worker, your exposure to vicarious liability is increased.
  • The threat of data extortion is greater than ever, with hackers holding a company to ransom if they gain access to their data.
  • If a temporary worker’s contract terms are regarded as non-standard, any claims arising from the work they do could be declined unless the insurer has agreed to cover them.
  • Your agency holds and processes a lot of confidential data – so it’s essential to have full cover for cyber liability and privacy liability in case there’s a security breach.

 

To discuss your Recruitment Agency Insurance options, or to obtain a quote, call us now on 0118 916 5480 or email us.

Paul has acted as my insurance broker, in both a corporate and personal capacity for several years, and I have always been delighted with the level of professional advice I have received. It’s clear that Macbeth’s entire philosophy is built around providing their client’s with a fantastic service, which lets me concentrate on my business and life, knowing that if I have to make a claim, I can leave everything to them. I have absolutely no hesitation in recommending Paul to anyone looking for a trusted professional adviser who will put them first.

Conor Roughneen, Managing Director- ROC Search Ltd

Get in touch:   Reading: 0118 916 5480   London: 020 7036 8767   info@macbeths.co.uk