Protecting your recruitment business with recruitment agency insurance from REC Insurance Services, powered by Marsh Commercial
In partnership with Marsh Commercial, the Recruitment & Employment Confederation (REC) brings you REC Insurance Services – recruitment insurance protection tailored to suit the needs of the recruitment industry.
We make it our business to help protect you, so insurance is one less thing to worry about. And, because we believe ‘one size doesn’t fit all’, we designed ‘Recruiters Choice’, cover that’s tailored specifically for the needs of recruiters.
Recruiters Choice is a specialised insurance product for the recruitment sector. It offers:
- Comprehensive liability,
- Indemnity protection,
- and additional extensions to cover to protect your recruitment business.
REC customers can also enjoy a special 10%* discount on recruitment insurance.
Our commitment to you
- Specialist protection
We’re here to support and protect your business from everyday risks. Our specialist, flexible insurance for REC members ensures you have one less thing to worry about, allowing you to focus on growing your business. - Expert support
REC members benefit from our extensive expertise and experience in the recruitment sector. Offering quality advice and support is one of our top priorities. We understand your business and are here to safeguard against common risks, providing peace of mind.
Recruiters Choice offers a range of covers, including:
- Cyber and data cover for business interruption relating to data recovery costs, cyber extortion, privacy protection and media liability up to £250,000. This is included as standard**.
- Directors and officers liability and corporate legal liability cover up to £100,000**.
- Vicarious liability covers not only your employees but also contractors you supply.
- Safeguarding covers up to £1,000,000 for claims arising from allegations that workers you have supplied have committed acts of physical, sexual or mental abuse.
- No contractual liability exclusion.
- Crisis containment PR costs are covered should you need to manage adverse publicity.
- High-hazard cover for activities including oil and gas, offshore, safety critical rail work and nuclear.
- All types of worker - your business will be covered for temporary workers; PAYE, zero hours, self-employed.
- Driver’s negligence - including cover for young and inexperienced drivers over 18.
- Medical malpractice liability covers claims relating to medical or veterinary treatment, diagnosis or prescription by workers supplied by you.
Additional features you can benefit from include:
- Premium discounts are available for members of select trade federations.
- Professional indemnity limits of up to £10 million.
- Option to spread the cost of your premiums – interest-free.
- Access to an online HR system and an online risk management platform. This includes a library of IOSH-approved eLearning courses and document templates. As well as health and safety policies, risk assessments and guidance documents, free of charge.
- 10% no claims renewal rebate on your previous year’s premium***.
- No excess to pay on the first claim you make if you are an REC member.****
- Reduced professional indemnity excess for REC members.
Significant exclusions and conditions
- insurers will not pay a claim unless premium payments are up to date as per agreement
- cover is excluded for fraud and deliberate, reckless or dishonest acts
- claims may be refused if the policyholder has failed to represent their risk fairly
- as with all insurances, terms and conditions apply.
*Included as standard, providing the insurer's criteria has been met, and when you purchase either public liability or professional indemnity cover.
** Included as standard, providing the insurer's criteria has been met, and when you purchase either public liability or professional indemnity cover., and for companies whose turnover does not exceed £25million.
*** Subject to your premium being a minimum of £5,000 + Insurance Premium Tax.
****Does not apply to legal expenses or driver’s negligence.