Recruitment Agency & Employment Agency Insurance
What insurance does a recruitment agency need?
All agencies are different, however it is likely that all will require Public & Products Liability, Employers Liability and Professional Indemnity. The very nature of recruitment agencies will mean that the policy wording needs to be especially written for your industry as there are unique requirements around supplying temporary and permanent staff. In addition you may need cover for Buildings, Contents, Business Interruption, Directors & Officers, Cyber Liability, Legal Expenses and perhaps more.
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Why do recruitment agencies need specialist cover?
A standard Public, Products or Employers Liability policy or Professional Indemnity Policy will not give the correct cover. In addition you may well wan t to consider extensions to these covers such as Fidelity Bonding, Drivers Negligence and Medical Malpractice. Another useful cover is personal accident, which can cover not only your own employees but also temps that you place, which will continue to give them an income if they are injured and left unable to work.
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How much does recruitment agency insurance cost?
The cost will vary depending upon the size of your business, including your turnover and temp wages, the kinds of industries you supply to and the extensions you may add to your policy. If you would like a quote then we would be pleased assist you.
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Where can I find out more information about recruitment agency insurance?
To view a clear and simple guide to some of the insurance covers available to a recruitment agency please click on this link - guide to recruitment insurance.
How to get a quote for recruitment agency insurance?
If you would like a quote please complete and return the proposal form. If you have workers in hazardous occupations or who work overseas you will also need to complete the additional questionnaires. It would also help if you provided us a copy of your standard contract conditions. Some of these forms can look a bit complicated so don't hesitate to call us on 01905 21681 if you would like help completing the form. Unfortunately we do not give instant online quotes as we prefer to present your details to a range of underwriters, ensuring you get quality cover and competitive premium.
To discuss in more detail or for help with a quote call Sutcliffe & Co on 01905 21681 or contact us [email protected].