The Broker Network (BNL) has announced it is to offer Loss Recovery Insurance with policies offered through its new underwriting agency Broker Network Underwriting (BNU).

In a deal with the Loss Recovery Group BNU's brokers will offer clients access to a full claims negotiation service.

The loss recovery insurance will cover the fees incurred by the adjuster.

Jo Thoy, Business Development Manager for the Loss Recovery Group said: "Managing the claims process on behalf of a client can take up a lot of a broker's valuable time and resources, particularly for more complex claims like those involving business premises.

"By offering a loss recovery service as an integral part of their shop and office cover, BNU is helping to reduce their members' exposure to unnecessary claims costs while ensuring their clients continue to receive a responsive and professional service."

Brokers will be offered a bespoke service including branded literature and contact information.

Nicola Porter, Business Partnership Manager for BNL said: "Offering Loss Recovery Insurance as an integral part of the package will further enhance the benefit of the facility to our members."

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