Recruitment Agencies have a tough task to do. They have to deal with their clients and also with applicants. Being the middleman is never easy. You have to take care that you meet your client’s requirements and also make sure that the person you have chosen for your client is actually interested in doing the assigned work. You may lose your placement money if the candidate does not complete a pre-agreed tenure with your client. Such financial problems could cause big damage to your business economy in the long run. Thus, if you are running a recruitment agency, we recommend our recruitment agency insurance for you.
Your chief tribulations
There is a threat involved in any kind of employment you choose for yourself. If your business is about recruiting staff for your clients, it is obvious that there would be more twists and turns than expected! Your clients would be interested in contract based dealings with you.
A major problem could arise if, under any circumstance, a breach in contract is found. Your client is likely to drag you to court. Recruitment agency insurance will be of assistance to you in such scenarios. A breach in contract could occur due to any of the following:
- Negligence towards your work, unknowingly or knowingly
- Laxity in performing the post-recruitment tasks
- No reference checks made on the candidate’s background(if the person hired, becomes a part of any frauds for example, your agency may be put to blame by your client)
- Giving insufficient or wrong information to the client about the person being hired
- Dishonesty of any kind
- Loss of important data/documents handed over to you
- Unintentional breach of the client’s confidence
You might be thoroughly alert but no one can avoid mistakes. Such mistakes could turn out to be your worst nightmare. Let our recruitment agency insurance come to your rescue when you unwittingly commit some error in business. Our policies provide you great cover at affordable rates.
We recommend you acquire the following insurances when going for recruitment agency insurance:
- Professional Indemnity Insurance
- Public Liability Insurance
- Employer’s Liability Insurance
These are our products tailored to protect your business from all kinds of risks. To know more about any of our policies please call us on.
We care for you. It is our promise to provide you with the best recruitment agency insurancefor your agency in a world full of ever growing claims, which expands the shadow that is cast on your business by the employees and the employers.
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