Public liability, employers liability, and contract works insurance for UK construction businesses and tradespeople. The construction insurance market is competitive for volume — but individual businesses rarely have enough on their own. This pool aggregates buying power to deliver rates that no single contractor can negotiate alone.
Construction insurance is one of the highest-risk procurement decisions a building business makes — and one of the most consistently undermanaged. Public liability and employers liability are legally required for any business with employees working on site. Contract works insurance covers materials and work-in-progress. Professional indemnity matters for design-and-build contractors. Together these policies can cost £3,000–25,000 annually depending on turnover, trade type, and claims history.
Most construction businesses renew on autopilot through a long-standing broker relationship. The broker earns commission on renewal. The insurer prices the renewal based on the absence of competitive pressure. The business signs because switching feels complicated. The result is a loyalty premium that compounds year on year — typically 12–20% above what a competitive renewal process would deliver.
Public liability (£1M, £2M, £5M, or £10M limits as appropriate), employers liability (statutory minimum £5M, recommended £10M for most contractors), contract works (value of materials and work-in-progress on site), tools and equipment cover, and professional indemnity where applicable. Each business's requirement is specified individually based on their trade, turnover, employee count, and project type. The pool tender goes to specialist construction insurers — not general commercial insurers who treat construction as a secondary line.