Managing general agent Pen Underwriting has extended its proposition for recruitment agencies to include the professional indemnity risk of placing candidates into positions in the US and Canada, which were previously the only overseas territories not covered. Pen has also increased its vicarious liability cover for recruiter clients.

Nick Kernaghan-Andrews, head of recruitment agency insurance at Pen Underwriting, said: “Recruiters are highly entrepreneurial by nature, skilled at flexing to meet the changing demands of the domestic and international labour markets and match candidates with opportunities.

“But they need to ensure their risk management strategy and insurance protection covers the full range of liabilities they are potentially facing as contractual responsibilities and territorial demands shift.”

He added: “The fact is that a lot of UK-headquartered recruiters are looking to overseas markets for growth opportunities and to boost turnover, especially the US and Canada, amidst flat levels of demand in the domestic economy. This is particularly true for executive positions and the IT/Tech space for sales, designers and developers.”