Why do Recruitment Consultants need Insurance?

You recruit the right employees for your clients; so it’s important that you recruit the right insurance for your business. With just a few clicks or a single phone call, you’ll get multiple competitive quotes from some of Australia’s leading insurers. Select your preferred policy and you’ll be covered instantly, so you can continue running your business without any worries. 

Did you Know?

While selecting the right candidate for the right job with an employer, you may be left open to a negligence claim if things don’t go to plan.  For example, you could potentially be liable if your candidate is placed in an accountancy practice and within weeks misappropriates the employer’s funds.  You failed to complete a criminal history check which would have revealed several prior convictions for fraud.   

Get the cover that’s right for your business 

 Professional Indemnity* 

Employees are the most important and valuable asset of any business. Which is why finding the right ones is important, but often hard to do. That’s why your clients come to you. 

Your clients expect the highest standard of specialist service and advice from you.  You have spent years building a reputation as the best in your profession.   

That’s why BizCover makes it easy to take out Professional Indemnity insurance for your Recruitment Consultancy.. This insurance is designed to respond to claims against you for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. Professional Indemnity Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by your policy. 

Public Liability Insurance* 

Public Liability insurance is an easy choice for recruitment consultancy services. It is designed to provide protection for you and your business in the event a client, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities and brings a claim against you. 

Working closely with your clients, either at your office or on location, means you could cause mishaps and accidents – think of a client tripping over at your premises, or you inadvertently damaging your client’s property. 

Business Insurance* 

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. 

Cyber Liability* 

Consider the client and candidate data you are storing and the consequences if it were to be compromised. Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of a cyber breach or attack. 

Common causes of claims

  • Failure to perform essential employment related checks
  • Misleading and deceptive conduct
  • Placing unqualified or unsuitable candidates
  • Providing incorrect advice regarding staff recruitment, workplace policies, and industrial relations
*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

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Recruitment & Placement

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Recruitment & Placement

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Recruitment & Placement

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Recruitment & Placement

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