Loss recovery Insurance is key to business continuity when you make a large or complex commercial insurance claim. For Businesses, it is an insurance policy which provides you, the policyholder, with unlimited advice from one of Lorega’s expert loss adjusters, to help you prepare, negotiate and settle your damage or business interruption claim.

Lorega act independently of your insurance company to help you achieve the fairest and fastest settlement possible under your insurance cover. Their adjusters have more than 25 years of experience in helping policyholders with their insurance claims, giving you peace of mind when you need it most.

They have a nationwide network of expert loss adjusters who respond promptly on notification and will visit you within the first 24 hours.

Key features

  • If your insurance claim for is more than £5,000 – within the terms and conditions of that policy – then loss recovery insurance is for you. It provides you with unlimited advice from one of our expert loss adjusters, who will stand shoulder to shoulder with you, no matter how complicated or large the claim.
  • Most importantly, Loss recovery insurance gives you an expert in your corner who will deal directly with your insurer on your behalf, removing the hassle of you having to prepare and negotiate your claim.
  • Your Lorega expert can also give you practical advice about things you can do to reduce the impact of a loss or to organise quotes to start remedial work or replace damaged goods.

Commercial case study

When a serious fire jeopardised the business at an engineering company, Managing Director, Rod Smith, was relieved to find that he had Lorega’s Loss Recovery Insurance.

“Involving our Lorega Loss Adjuster at an early stage helped us tremendously. It enabled me to pass everything to somebody who was experienced in dealing with claims and let me get on with saving my business”

See Rod’s case in greater detail here:

Downloads:

    IMPORTANT: Please complete this application as fully as possible and return it to Consort Insurance, together with any relevant plans, Schedules of Condition or other supporting documents.

    JCT clause 21.2.1 (or equivalent) insurance

    Section 1 - General details

    :
    £
    £

    Section 2 - Existing property

    If the existing property is being completely demolished or the contract site has already been cleared, please proceed to SECTION 3. Otherwise, please answer the questions below:

    YesNo
    YesNo

    Section 3 - Surrounding property

    Please give a description of all surrounding property not forming part of the Contract Works:

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    If Yes, please forward a copy of this to
    dahlia.osuoha@consortinsurance.com
    YesNo

    Section 4 - Construction and extensions

    Please complete DEMOLITION Section if applicable (where such demolition forms part of a contract for erection, reconstruction, alteration or repair by the insured):

    Demolition

    YesNo
    YesNo
    YesNo
    YesNo
    YesNo
    YesNo
    YesNo

    Section 5 - Declaration

    The undersigned declares on behalf of all parties proposing for insurance that to the best of his/her knowledge and belief, the statements provided herein are true and complete and all material facts or circumstances have been fully disclosed. The undersigned declares and agrees that the proposal form together with any other information supplied shall form the basis of any subsequent contract of insurance and undertakes to inform the insurer of any material alteration to those facts occurring before completion of the contract of insurance.