Recruitment Agency Insurance

What insurance does a recruitment agency need?

The specific insurance coverage that a recruitment agency requires will depend on the size and nature of the business, the services provided, and the jurisdiction in which the agency operates. As experts in recruitment insurance, we want to get to know your needs and challenges properly so that we can provide tailored insurance and risk management advice that suits you and your agency.

We can access a variety of recruitment agency insurance packages from market leading insurers, meaning we can offer a truly flexible approach, with our advice tailored to your agency and requirements.

• Professional Indemnity Insurance: This type of coverage protects the recruitment agency against claims made by clients or candidates for alleged mistakes or omissions in the services provided.
• Public Liability Insurance: This coverage provides protection against claims made by third parties who have suffered physical injury or property damage as a result of the recruitment agency's operations.
• Employers' Liability Insurance: This coverage is mandatory for most employers in the UK and provides protection against claims made by employees who have been injured or become ill as a result of their work.
• Material Damage Cover: This coverage provides protection for the recruitment agency's commercial property, including buildings, equipment, and inventory
• Business Interruption Insurance: This coverage provides financial protection if the recruitment agency's business operations are disrupted due to a covered event, such as a fire or flood.
• Cyber Liability Insurance: This coverage protects against losses incurred from cyberattacks, data breaches, and other cyber-related incidents.
• Directors and Officers Liability Insurance: This coverage provides protection for the directors and officers of the recruitment agency against claims made against them for wrongful acts or decisions made in the course of their duties.
• Employment Practices Liability Insurance: This coverage provides protection against claims of discrimination made by candidates or clients against the recruitment agency.
• Legal Expenses Cover: This coverage provides recruitment agencies with financial protection against legal costs in case of disputes or claims. Cover typically includes defence costs, settlement costs, tribunal representation, contract disputes, and tax protection. It helps protect agencies from financial burden and provides peace of mind, but is not a guarantee of a successful outcome. Policy terms and conditions vary, so it's important to carefully read the policy wording.
• Personal Accident Insurance: This coverage provides protection for recruitment agency employees who are injured on the job.
• Vicarious Liability Insurance: If a recruitment agency places temporary staff with clients, there may be a potential for vicarious liability if the temporary staff causes harm or injury to others while working. In such cases, Vicarious Liability Insurance may provide coverage for the recruitment agency.
• Medical Malpractice Insurance: If a recruitment agency specialises in placing medical professionals, such as doctors or nurses, it may be advisable to have Medical Malpractice Insurance in place. This type of coverage provides protection against claims made by patients who have been harmed as a result of medical treatment provided by a medical professional placed by the recruitment agency.
• Driver’s Negligence Insurance: Depending on the specific services provided by the recruitment agency and the nature of their business operations. If the recruitment agency places temporary staff with clients who will be driving company vehicles as part of their job, it may be advisable to have Driver's Negligence Insurance in place. Driver's Negligence Insurance provides coverage for third-party claims made against the recruitment agency if one of their placed temporary staff causes an accident while driving a company vehicle. This coverage can help protect the recruitment agency from financial losses and legal liabilities that may arise from such incidents.
• Key Person Insurance: This type of coverage provides financial protection for the recruitment agency in the event of the death or disability of a key employee.