Compare quotes from our trusted insurance partners:

AIG
Berkley Insurance
Chubb
Dual
Hollard
Point
QBE
RelyOn
Vero

What is recruitment consulting insurance? 

Recruitment consulting insurance (the different types of cover designed for recruitment consultants) helps protect your business from financial losses caused by mistakes in your work, lawsuits, and much more.  

Placing an unsuitable client, a cyberattack, damage to your offices… Fixing events like these and others could create expensive bills for your business.  

If sourcing funds to pay them would strain your wallet, then you might want to consider business insurance.  

what is recruitment consultants insurance?

Why do recruitment consultants need insurance? 

Recruitment consultants may need business insurance to meet contractual obligations or manage unplanned bills. 

Work with specific clients

Manage the fallout of a cyberattack

Pay legal costs if you face a liability claim

Who needs recruitment consulting business insurance?

Most recruitment consultants consider business insurance to protect their businesses, like career advisors, labour hire services, and employment agencies.

Recruitment Consultants

Labour Hire Services

Employment Agencies

Career Advisors

Executive Search Services

Model Agencies

Let’s cover your small business on the go

Start a quote to see how much you can save and buy online in minutes.

What types of insurance do recruitment consultants need?

We offer a range of insurance options to help protect your business,

Professional Indemnity

Covers losses and legal fees as a result of alleged or actual negligence in your professional services or advice.

Cyber Liability

Protection against claims and supports your profitability following a broad range of cyber events.

Cyber Insurance

Employment Practices Liability insurance

Covers employment related claims against you, such as wrongful dismissal, bullying, harassment or discrimination.

Employee Practices Insurance

Management Liability

Covers the risks that arise from running your business, including unfair dismissal, harassment claims, and tax audit.

Management Liability

Public Liability

Covers costs and legal fees if you negligently cause injury to a member of the public or damage to property.

Public Liability insurance

How much does recruitment consulting insurance cost?

The average cost of business insurance for recruitment consultants is $62 per month* with BizCover. 
However the cost for your recruitment business will depend on factors such as the services you provide and the types of cover you choose.

recruitment consultant insurance cost

Factors influencing cost

Risks of the industry 

Cover level amount

Annual turnover

Number of employees

Claims history

*Customer Average Monthly Payment Report is based on 1 July 2023 to 30 June 2024 and presented as a guide only. It may not reflect pricing for your particular business, as individual criteria will apply.

Get cover that works with the risks of your business

Select different cover amounts for each policy listed below.
This is the most you will be paid out if you need to make a claim.

Cover levels to choose from

  • $5M
  • $20M

Cover levels to choose from

  • $250K
  • $10M

Underinsurance

We know it’s tempting to select a lower level of cover to reduce premiums, but this can leave businesses shocked and insufficiently covered when making a claim.

Ways underinsurance catches business owners out:

Inflation

With inflation, the cost of living and doing business increases. Remember to cover you, your tools and assets for the rising costs of replacing or covering them, not what you paid for them – you may be surprised at the difference.

Not covering the full cost of your risks

If you select cover levels for less than the value you may be found liable – left out of pocket when it comes to claims time. It’s important to review your risks and determine how much you will need to cover any claim that may come your way.

Recruiter insurance cost

Factors influencing cost

Risk of the industry

Cover level amount

Annual turnover

Number of employees

Claims history

Customer Average Monthly Payment Report is based on 1 July 2023 to 30 June 2024 and presented as a guide only. It may not reflect pricing for your particular business, as individual criteria will apply.

Get cover that works with the risks of your business

Select different cover amounts for each policy listed below.
This is the most you will be paid out if you need to make a claim.

Cover levels to choose from

  • $5M
  • $20M

Cover levels to choose from

  • $250K
  • $10M

Unsure how much to choose? Think about:

Statutory professional requirements

Cover required by contracts

Number of employees being covered

Your contract value

Worst case scenario claim size

Underinsurance

We know it’s tempting to select a lower level of cover to reduce premiums, but this can leave businesses shocked and insufficiently covered when making a claim.

Ways underinsurance catches business owners out:

Inflation

With inflation, the cost of living and doing business increases. Remember to cover you, your tools and assets for the rising costs of replacing or covering them, not what you paid for them – you may be surprised at the difference.

Not covering the full cost of your risks

If you select cover levels for less than the value you may be found liable – left out of pocket when it comes to claims time. It’s important to review your risks and determine how much you will need to cover any claim that may come your way.

BizCover Awards: Best Managed Companies. Product Review, Insurance Business Awards
BizCover Awards: Best Managed Companies. Product Review, Insurance Business Awards

Award-Winning Tech & People

We’re not ones to blow our own trumpet, but we are pretty proud of our innovative insurance platform, outstanding team, and stellar workplace.

See how much others have saved while purchasing policy through BizCover

Colette

Disability Care Worker from

NSW

Saved

$1,200

on

Public Liability and Professional Indemnity insurance

Disability care worker
Andrea

Beautician from

VIC

Saved

$1,500

on

Business insurance Pack and,
Public Liability and Professional Indemnity insurance

Andrea, Beautician saved $1,500 on Professional Indemnity, Public Liability and Business Insurance
Deborah

Cleaner from

VIC

Saved

$3,600

on

Public Liability insurance

Cleaner from VIC saved on Business Insurance with BizCover
Lance

Electrician from

ACT

Saved

$800

on

Public Liability insurance

Electrician saved $800 on Public Liability insurance
Stephen

IT Professional from

VIC

Saved

$1,500

on

Information Technology Liability insurance

IT Professional saved on IT Liability with BizCover
Linda

Restaurant owner from

NSW

Saved

$1,000

on

Business Insurance Pack and
Public Liability insurance

Restaurant owner saved in Business Insurance with BizCover

Frequently asked questions

Professional Indemnity and Public Liability are common types of insurance that many recruitment consultants consider for their businesses. Each provides essential, yet different, protection: 

Professional Indemnity insurance offers protection for businesses that provide specialist services or professional advice. It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. PI Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy.  

Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public brings a claim against you due to their being injured or sustaining property damage as a result of your negligent business activities.  

As a recruitment consultant, you may have business property and assets that you wish to protect—such as your laptop and other essential equipment needed to run your business, records and furniture kept in your office, or business building itself (if you own it). A Business Insurance Pack is an easy way to protect these things and more. 

Business Insurance is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances.  In addition, cover is available for public liability, tax audit, employment practices and statutory liability risks.   

Hear from our customers

BizCover NZ Rating 4.7/5 on Feefo

Tried a broker, the quote was exorbitant and the process onerous. A colleague recommended BizCover and he was right – quick, easy and competitively priced. I shall happily recommend. Many thanks.

Andrea O

Excellent! User interface was easy to use, clear and concise. Way ahead of the competition!

Bruce M

Quick, efficient and simple, love it

Stuart M

Best service ever

Jonas M

BizCover Logo