New products to be offered to Network members

Broker Network has signed a three-year exclusive agreement with Lorega, adding two new products to the Loss Recovery Insurance (LRI) offered to the Network’s 600 members.

The appointment of Lorega as an exclusive, long-term provider follows a partnership with both Broker Network and Towergate. 

The loss recovery firm has provided the Network with a specialist policyholder claims service since 2006.

The full range of Lorega LRI products will be available via, the online trading portal on the Broker Network member website. 

Broker Network chief executive Gary Duggan said: “Claims handling is at the forefront of insurance broking and presents a great opportunity to prove our worth at a time of acute need. By working with Lorega’s loss-adjusting experts we can be sure that policyholders’ interests will be independently represented in order to deliver a fast and desirable conclusion to often complex situations.”

Lorega regional sales director Shelley Wright said: “Working under a long-term agreement enables Lorega to build a deep understanding of the specific and varied needs of the Network and their members. We are therefore delighted to not only sign a three-year deal with Broker Network, but also to extend the range of products offered to their members to cover a full range of SMEs and home-owner policyholders.”

Lorega’s LRI is sold by more than 800 UK brokers and agents.