Recruitment
Insurance

Quite simply, because on your system you will hold massive amounts of data about every individual you supply, including their date of birth, NI number, address and maybe even their passport details.

All of this is like gold to a cyber-criminal, which is why you need to take all adequate precautions which includes buying cyber insurance in case your system does get hacked.

The basic policy will cover damage to your assets by a list of specified perils including fire, lightning, explosion, aircraft, riot, vandalism, storm, flood, burst pipes, impact, theft and subsidence.

It can also be extended (and we would always recommend this) to include accidental damage – in case (for example) someone spills gloss paint all over your carpet or breaks a machine by accidentally knocking it over.

Once the core cover has been triggered, this will allow you to claim for loss of profits if you can’t trade.

It also covers Public Liability (in case someone enters your premises and slips on the floor), Employers Liability (as required by law, in case a staff member gets hurt in the course of their employment) and Products Liability (in case something you’ve supplied hurts someone or causes damage to their property).

Drivers Negligence and Cyber are optional sections of cover and are explained above. The policy will can be extended to cover damage to Glass, loss of Money, damage to Goods in Transit, Terrorism, Fidelity (cash by an employee), Legal Expenses and Engineering Breakdown.

It depends on your turnover and whether you only deal in supplying permanent staff or temporary workers too. Businesses which supply only permanent staff can often buy insurance for less than £1,000 per annum, whereas if you’re supplying temporary staff too we have several clients paying in excess of £10,000 per annum.