Opportunity for

Increasing your revenue from commissions earned through each policy sale and secure client retention at renewal

Solution for

Clients who need a professional property and/or business interruption claims service following losses over £5k

Loss Recovery Insurance from Lorega

Lorega Ltd are the UK’s leading claims experts, making sure claims are handled quickly, effectively and easily through our range of BIBA endorsed products, including Loss Recovery Insurance.

Our Chartered Loss Adjusters are on hand throughout the claims process, giving professional advice to help reduce the impact of a loss for your clients.

Target risks

  • Loss Recovery Insurance is available for commercial and private clients, providing support from claim experts to help them get back on track after fires, floods and other disasters disrupt their business or home

Key policy features

  • 24/7 emergency claims advice line for Loss Recovery Insurance policyholders. All new claims reported during working hours will normally receive a call back within two hours, and where possible a visit from a loss adjuster within two working days

  • No upper limit on the size of the claim or the time involved

  • Fully underwritten insurance products

Key benefits to members

  • Access to our industry-commended online quote and buy system
  • Bespoke rates for BIBA members
  • Members selling in excess of £15,000 net premium per annum have access to one of our bespoke training courses for your employees on a range of specialist insurance matters

Claims are the moment of truth when it comes to any insurance policy, so make sure your clients’ claims are handled quickly, effectively and easily with Lorega’s range of Loss Recovery Insurance products.

Lorega offer LRI  which is a specialist insurance policy covering both commercial and private clients – making it simple for them to get back on track after fires, floods and other disasters disrupt their businesses or homes.

Benefits for Policyholders:

For LRI policyholders, a Chartered Loss Adjuster will be on hand throughout the claim process, with no upper limit on the size of the claim or the time involved, so policyholders can get on with their lives, rather than being involved with complex negotiations with their insurance company.

Benefits for Brokers:

  • 24/7 emergency claims advice line for Loss Recovery Insurance policyholders. All new claims reported during working hours will normally receive a call back within two hours, and where possible a visit from a loss adjuster within two working days
  • Access to our industry commended online quote and buy system.
  • Bespoke rates for BIBA members.
  • BIBA members selling in excess of £15,000 net premium per annum, have access to one of our exclusive bespoke training courses for your employees on a range of specialist insurance matters.

Lorega has a video explanation of Loss Recovery which you can share with your clients here.

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