Lorega has launched two new products designed to provide SMEs with fast access to expert loss adjusters following a potentially devastating loss.
Industry estimates indicate that 80% of SMEs suffering a major insurance loss never recover, highlighting the need for smaller business to have access to high-level claims expertise. Both new offerings have been created for smaller commercial clients with underlying insurance premiums below £2,500.
Lorega 10, which delivers 10 hours of advice This is designed to help the client to successfully negotiate with their insurers for claims in excess of £5,000. Lorega 10* policyholders can also choose to exchange some of their 10 hours of telephone allowance for an on-site visit, if the loss is expected to exceed £25,000.
“As any significant loss can place considerable financial strain on a small business, which could lead to failure, the launch of Lorega 10 and Lorega 10* is an exciting opportunity for brokers to make a real difference to their SME clients,” explains Neill Johnstone, managing director of Lorega.
There are approximately 4.5 million SMEs in the UK.
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