Talk to us about your Labour Hire Business
Protecting the activities of you and the employees of your labour hire company.
Labour Hire and Recruitment businesses have unique industry risks with their own commercial challenges. As an employer of a workforce, you’re responsible not only for your employees and contractors but also for the environments in which they work. Injuries, property damage, or errors in placement can lead to significant financial loss and reputational damage.
At Barrack Broking, we specialise in arranging comprehensive Labour Hire Insurance programs that protect your business, your people, and your clients. We help you manage the risks inherent to the industry — so you can focus on connecting the right people with the right opportunities.
Who needs Labour Hire Insurance?
If your business provides labour, as a recruitment service or labour hire service, you will have specific risks which ought to be addressed through a properly designed insurance program. The risks can also arise through when services are provided by a related entity, through an internal labour hire arrangement.
The following businesses should consider Labour Hire insurance:
- Labour Hire Companies
- Recruitment Agencies
- Operating businesses with internal Labour Hire
What is insurance for Labour Hire businesses?
If you work in labour hire, you may require the following policies as a general level of protection. Note, however, that every situation is unique and we recommend you contact us to discuss your specific requirements.
Public Liability Insurance covers your business in the event there is a claim against you for Personal Injury and/or Property damage arising from your business activities. A Liability Insurance policy will cover you for your legal liability and will also extend to cover your legal defence costs to assist in defending the claim or settling the claim.
Management Liability Insurance is a composite policy that covers directors and officers for risks inherent in managing a business. As an employer, the business has several laws to comply with such as Occupational, Health & Safety regulations.
Professional Indemnity Insurance protects your labour hire or recruitment business from claims made by your clients and customers alleging that you have caused them damage as a result of a breach in professional services.
Workers Compensation is a statutory insurance governed by each State and Territory. It’s designed to cover employees should they become injured or sick as a result of their work. Workers Compensation Insurance can cover expenses such as medical expenses and wages during the hours they cannot attend work. As a Labour Hire business, you are responsible for the arranging Workers Compensation for the employees you hire out.
We recommend that before entering a contract with a client, or host employer, you consider your contractual and legal obligations in the light of your insurances. Barrack Broking helps labour hire and recruitment businesses to understand their business risks, so that they can take informed decisions on which risk to retain and which risk to transfer through an insurance program.
To arrange an obligation free quote please click the button below or if you would like more information or have any questions about Labour Hire and Recruitment insurance, please call us.
What type of risks can you incur in the Labour Hire industry?
Labour Hire and Recruitment businesses have some unique risks which are consistent across all businesses, however, there will also be specific risks unique to a particular business’s ownership and operating structure.
Some of the common risks consistent across most businesses are:
- Damage to property caused by your supplied labourer. The severity of this risk varies from small property damage like broken glass, to considerable damage such as a major fire following hot work performed by your employee.
- Injury to a co-worker or third party, caused by your employee or contractor. This risk is particularly severe when workers are operating fork-lifts, trucks, and other heavy machinery.
- Injury to your employee, injured on a host employer’s site or by a co-worker.
- Fines due to Occupation health and safety breaches.
- Fairwork cases due to things like unfair dismissal and associated legal costs.
Worker-to-worker claims are one of the most significant costs to insurers today. When someone is injured on site due to your staff’s negligence, they claim their worker’s compensation insurance. Workers’ compensation then tries to recoup their losses by suing you or your company, and most people we talk to about this are blasé about the risk, but we see it repeatedly and cannot stress enough your exposure to it.
Why Barrack Broking?
At Barrack Broking, we recognise that the labour hire industry does not operate on a one-size-fits-all model. Your workforce may be placed across multiple clients, industries, and states — each with different risk profiles and compliance requirements.
We take a structured, principal-led approach to ensure your insurance program reflects your business realities.
Talk to us about your Labour Hire
Protect your workforce and your business with confidence.
Speak with Barrack Broking today to arrange a Labour Hire Insurance program that provides comprehensive protection for your operations, clients, and employees.
