Recruitment Consultants Insurance
Recruitment Consultant Insurance can cover many risks that businesses may face. Jensten Insurance Brokers can advise on and arrange cover to help mitigate those risks.
Business Insurance | Professional Risks Insurance |
Recruitment Consultants Insurance
There are no off-the-shelf Recruitment Consultant Insurance solutions.
The recruitment industry is incredibly diverse, covering many activities, all with highly specialised insurance requirements.
Recruitment Consultant Indemnity starts with Professional Indemnity Insurance. Many clients won’t deal with you without it.
Whether you are a recruitment agency, umbrella company, accountant/payroll or freelance consultant, our broking experts will help you identify the risks that face your business and source a policy that provides you with the necessary levels of protection.
Our experts can deal with various recruitment types, from agencies placing people to work in ‘normal’ businesses in the UK to high-risk recruitment, including care homes and healthcare/medical services, overseas placements and even private contracting military consultants.
What does
Recruitment Consultants Insurance cover?
We can arrange insurance for recruitment consultants that can include:
Office Insurance
Office insurance may include cover for structural faults, damage or loss to office furniture and property, plus public and employer liability.
Product Insurance
If a product you supply and/or install fails to perform its intended function, this could result in injury or losses for your client. Product inefficiency insurance can cover your defence, legal proceedings, and any compensation costs.
Professional Indemnity Insurance
Commonly known as PI insurance, offers financial protection should a client sue you if you give poor advice or do something that results in financial or reputational losses.
Trustee Liability Insurance
Trustee liability insurance is designed to protect the trustees, directors, governors, committee members and officers of a charity, club, association or not-for-profit organisation.
Business Travel and Personal Accident Insurance
Business travel and personal accident insurance can cover unexpected travel expenses, business equipment and medical expenses if you or an employee are permanently injured or killed in an accident.
Credit Insurance
Credit insurance guarantees a lender will be repaid if a borrower is unable to pay his or her debt due to, for example, death or disability.
Cyber Insurance
A cyber insurance policy helps pay for financial losses they may incur in the event of a cyberattack or data breach. It can cover costs related to the remediation process, such as paying for the investigation, crisis communication, legal services, and refunds to customers.
Fidelity Insurance
Fidelity insurance covers losses sustained by the employer as a result of an act of forgery, fraud or dishonesty from an employee.
Motor Fleet Insurance
Motor Fleet Insurance protects businesses from compensation claims from third parties as a result of a motor accident. These third party claims could be in the form of financial compensation for injury or property damage for a third party.
Why does a recruitment consultant need Professional Indemnity Insurance?
Mistakes happen, and when they do your client will try and find ways of limiting the financial impact on themselves.
For example, if you misrepresent a person or a job, a claim could arise for the financial loss which arises from wages being paid to someone unsuitable for the role in the first place.
Certain roles are more high-risk than others, for example care related professions, and the impact of a person being wrongly placed in a working environment can be diasterous. You could also face a big bill when your client asks you to cover the costs or mistakes and any related expenses for replacing the candidate.
Professional Indemnity Insurance pays for a specialist legal team to fight your corner. It also pays any compensation awarded to your client.
Questions?
Ready to protect your scale-up with insurance that matches your ambition? Contact us today to start a conversation. Let’s build a insurance roadmap that powers your growth and reflects your values.
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How we make it possible
We listen, we understand and we advise.
As one of the UK’s fastest growing insurance brokers, Jensten Insurance Brokers, is an award-winning broker with specialist advisers across multiple classes of insurance cover and sectors. Our track record of delivering for clients makes us a leading choice.
We also strive to be an employer of choice, giving our clients access to passionate, talented advisers, and our people an enjoyable and rewarding career.
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Recruitment Consultants Insurance FAQs
This is one of the more complex areas of cover, so to help you get the protection you need, here are our Recruitment Consultant Insurance frequently asked questions. We hope they will help, but if you’d like some independent advice, please call us on 01903 444 951 and we’ll be only too happy to help.
Recruitment Consultant Insurance should be considered if you are a:
- Recruitment agency
- Recruitment consultancy
- Employment agency
- Temporary (temp) agency
- Recruitment to recruitment agency (rec2rec)
- Contingency employment agency
- Retained search firm or executive search firm
- Retained recruitment firms
- Staffing agency recruitment firm
- Recruitment process outsourcing (RPO) company
- Retained recruitment agency
- Niche recruitment agency
- Or any other recruitment-related business, for that matter
No, but if you have any employees, you will need Employers’ Liability Insurance.
Getting a quote is easy. You can call the team on 01903 444 951 or request a callback and one of the team will call you to discuss your needs.
