How do you see that being rolled out?
Contactors can, and do fail, this would likely cause more problems than it solves.
If the contactor is energised 24/7 until a PEN fault occurs then it will likely burn out the coil, or be stuck closed, long before a fault occurs, plus it will be a lot of wasted energy holding all those contactors closed.
If the contactor energised on the failure of the PEN with the load connected through N/C contacts there is still the risk of sticking due to years of not moving, plus the issue of getting a reliable circuit to operate it without an incoming neutral.
You can't have a soloution which fails more commonly than the fault it is supposed to protect against occurs.
Maybe thinking along those lines something could be done on the DNO's installation to signal the substation to trip out an affected distributing main when a PEN fault occurs. But again the risk of failure may be greater than the risk of the fault being protected against.