Recruiting

What Does Recruiting Mean?

Recruiting means the act of hiring people for vacant jobs in a business. In terms of insurance, it means getting people with the right qualifications or credentials to join the insurance business, usually as agents or brokers.

Insuranceopedia Explains Recruiting

The department of human resources in a company is often the one in charge of looking for job applicants. It responds to applications and schedules job screenings and interviews. Recruitment firms that handle this hiring process for other companies often carry their own recruitment agency business insurance to protect against claims tied to candidate placements and bad hires.

Recruiting insurance agents also means getting the most qualified people. Training and education related to insurance often help, but an appropriate license might be the most important qualification. Licenses are issued to insurance brokers by a state regulating body. Once licensed, agents who decide to run their own practice also need to budget for their own coverage, including insurance agent business insurance, which protects them against errors made while advising clients.