Hutch Underwriting has launched cover designed for bricklayers, carpenters, landscapers, painters, shop fitters and similar trades.

Trade Pack is aimed at businesses with turnover up to $5 million and contractor payments up to $500,000 (or 30% of payroll), with mobile plant coverage up to $250,000, for up to $100,000 per item.

The underwriting agency says it gives brokers a simpler, faster way to quote to trade clients and overcomes the inefficiency of juggling standalone policies for smaller clients.

“Trades can have surprisingly complex needs, but putting several policies in place gets expensive quickly given multiple minimum premiums and admin fees,” CEO Robin Johnson said. “Trade Pack changes all that and saves brokers time as well. We’re backing brokers with a solution that cuts the friction.”

The offering includes public and product liability as standard, with six optional sections: general property (for example, tools and stock), tax audit, cyber, individual personal accident, mobile plant, and registered mobile plant liability.

It is not available to higher-risk trades such as demolition, plumbing, scaffolding and rail corridor work.

Hutch chief underwriting officer Dominique Vagi says Trade Pack gives comprehensive coverage options with “minimal admin” and is “about giving brokers control and flexibility without adding complexity”.

All quoting is handled via Ebix Sunrise Exchange, using product code HUTTP.