Specialty re/insurance broker Consilium has launched a UK contractors’ all risk facility that is available on an annual renewable basis as well as for standalone project risks. Consilium said cover would be available to contractors including civil engineers, builders, allied trades, shop and office fitters, groundworkers, and landscapers.

The annual renewable CAR cover is available on its own or as part of a package that includes Consilium’s liability facility. Standalone project cover is available to the employer, main contractor and project manager when handling contracts up to £12m in value.

Luke Browne, associate partner, risk solutions at Consilium, said: “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.

He added: “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.”