Labour Hire Liability
Labour Hire Insurance is essential when your business involves supplying employees or contractors to other companies on a temporary basis. This type of insurance is particularly important in industries such as Construction, Mining, IT, Transport, Medical, Cleaning, Blue Collar, and Clerical work. Recommended coverage includes:
Professional Indemnity
Professional Indemnity insurance protects your labour hire business against claims alleging negligence, errors or omissions in the professional services you provide. This coverage helps safeguard your business reputation and financial stability by covering legal costs and compensation payments when clients claim your services caused them financial loss or harm.
Public Liability
Public Liability insurance covers your labour hire business if a third party suffers injury, property damage, or economic loss due to your business activities. This essential coverage protects you from potentially devastating legal costs and compensation claims that could arise from workplace accidents or incidents involving your placed workers.
Directors and Officers (Management Liability) Insurance
Directors and Officers insurance protects the personal assets of company directors and officers when they face legal action for alleged wrongful acts in managing the company. This coverage is crucial for labour hire businesses as they navigate complex compliance requirements and face potential claims related to employment practices, statutory violations, and management decisions.
Statutory Liabilities
Statutory Liability insurance covers penalties, fines, and defence costs arising from unintentional breaches of legislation. For labour hire businesses, which must comply with numerous regulations across different industries and jurisdictions, this coverage provides vital protection against the financial consequences of inadvertent statutory breaches.
Workers Compensation
Workers Compensation insurance covers employees who suffer work-related injuries or illnesses. In the context of labour hire, this coverage is particularly complex and essential, as it helps ensure your business meets its legal obligations to workers while protecting against claims that could arise from workplace injuries sustained by your placed staff.
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Don't let the complexity of insurance get in the way of your peace of mind. Simply fill out the form and one of our expert insurance brokers will contact you to help you find the coverage you need.
Why is labour hire insurance different from standard business insurance?
Labour hire insurance addresses the unique dual-responsibility situation where your business retains certain legal obligations to workers even while they operate under another company’s direction. Standard business insurance typically doesn’t account for this complex relationship or the specific risks inherent in placing workers across multiple industries, locations, and organisational environments.
Does my labour hire business need all these types of coverage?
While coverage needs vary based on your specific operations, most labour hire businesses benefit from comprehensive protection. This is because labour hire companies face unique exposures across multiple fronts: professional advice liability, workplace safety concerns, management decision challenges, and complex regulatory compliance requirements. A tailored insurance programme addressing all these areas provides the most complete protection.
How does my insurance coverage extend to workers placed with client companies?
Your labour hire insurance typically covers your legal liability for workers you supply, even when they’re working under another company’s supervision. However, the specific coverage boundaries depend on your contractual arrangements with clients and the insurance policies’ terms. It’s important to clearly establish responsibility allocation in client contracts and ensure your insurance aligns with these arrangements.
What factors affect my labour hire insurance premiums?
Several factors influence your labour hire insurance premiums, including your annual payroll, the industries you service, the types of roles you fill, your claims history, risk management procedures, contractual arrangements with clients, geographic scope of operations, and the specific coverage limits and excess levels you select. High-risk industries like construction and mining typically attract higher premiums than office-based placements.
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Kirsty is tenacious and driven in both her professional and personal pursuits. She is a go-getter, consistently inspired by the entrepreneurial spirit of Elon Musk. Outside of work, she enjoys yoga, boxing and jet skiing. She placed third in the world for karate at the age of nine, and now holds a Black Belt First dan in Karate.