Consilium, a specialist re/insurance brokerage, has announced that its Risk Solutions division is launching a dedicated UK Contractors’ All Risks (CAR) facility.
Part of its expanding suite of casualty risk offerings, the CAR facility provides comprehensive coverage for both annual renewable and standalone project policies. It is designed to help keep projects on schedule, minimise financial losses, and safeguard contractors from the variety of risks encountered on site.
Annual policies can be taken as standalone coverage or combined with Consilium’s liability facility to create a fully integrated risk solution.
The facility caters to a broad spectrum of contractors, including civil engineers, builders, allied trades, shop and office fitters, groundworkers, and landscapers. Standalone project policies offer protection for employers, main contractors, and project managers on contracts valued up to £12 million.
Policy features include contract works, plant (owned or hired), tools, and optional extensions such as existing structures, Delay in Start-Up (DSU), and loss of profit. Premiums begin at £1,000.
Entering the market at a favourable time, Consilium emphasises its strengths in providing A+-rated capacity, flexible and competitive underwriting, and service founded on efficiency, reliability, and trust.
Luke Browne, Associate Partner, Risk Solutions at Consilium, added: “This is a fantastic addition to our rapidly growing casualty portfolio. It delivers responsive and flexible cover for a wide range of contractors and the unique risks they face.
“This facility is a highly welcome solution for brokers in a market that, for too long, has suffered from a lack of product innovation, as well as poor service and protracted claims experiences. Once again, we’re demonstrating Consilium’s continued commitment to delivering innovative solutions that enhance the broker and client experience, offering fast turnaround times, knowledgeable underwriting and tailored coverage.”
