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Coverage as individual as you are... |
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Recruitment Consultants Professional Liability
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Recruitment professionals provide expert advice and a wide range of services to employer companies and job seekers. With rapidly changing employment laws and the skills shortage generated by the resources boom in Australia, companies are increasingly reliant on recruitment professionals to provide solutions for their individual employment needs. AIG Australia has designed a specific professional liability wording to cater for the unique needs of this profession.
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Key Exposures
- Failure to perform necessary background checks, including police clearance, references and qualifications
- Placing an individual in a position to which they are not suited or have inadequate experience
- Vicarious liability arising out of the actions of on-hired employees
- Inappropriate candidate selection
- Acting outside of authority when negotiating on a client’s behalf
- Erroneously passing on a candidate CV to an existing employer or to a third party without consent
- Fraud and dishonesty of on-hired staff resulting in loss to a third party company
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Policy features
- Coverage for Civil liability, Misleading or deceptive conduct, Intellectual property breaches, Defamation, Fraud or dishonesty of principals, partners, directors or employees, Loss of Data and Defence costs
- Access to the BusinessGuard Legal Advisory Panel
- Optional Extensions for Vicarious liability for on-hired staff, Employment practices liability and Fidelity.
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Disclaimer:
American Home Assurance Company, ABN 67 007 483 267 AFSL 230903, incorporated with limited liability in the USA, trading as AIG Australia, a member company of American International Group, Inc. The description of coverage contained in this document is a summary and for your information only and should not be treated as advice. Some capitalised terms have a special meaning in the policy of insurance. Should you require any advice on your insurance or coverage requirements you should consult your professional insurance advisor. The coverage described and any claims made are subject to terms, conditions, limitations and exclusions outlined in the policy of insurance. Availability of coverage and the terms and conditions thereof are subject to underwriting assessment, the location of the applicant and/or regulatory approval. Any claims examples stated herein (if any) are purely fictional and are for illustrative purposes only. They should not be construed as any comment on, or confirmation or extension of, coverage for any past, present or future claim. In the event of any conflict between the descriptions of coverage in this document and the policy of insurance, the provisions contained in the policy of insurance will govern.
Copyright © 2008 American International Group, Inc. All rights reserved.
