Scheme covers appointment of claims professionals in a large commercial loss
Biba has appointed insurer DAS UK as the insurance provider for its loss recovery scheme, replacing previous provider Lorega.
Biba members will now be offered the DAS Loss Assist coverage on the scheme.
DAS Loss Assist Business covers the immediate appointment of a loss adjuster and other professionals including access to chartered accountants, surveyors or other claims professionals where required, in the event of a large commercial loss.
DAS UK’s London business development manager Andy Tomkins said: “BIBA has a reputation for providing the highest quality insurance schemes, and we are extremely pleased that DAS has been chosen as the new provider with Loss Assist for its loss recovery scheme.”
Biba technical services manager Mike Hallam added: “Loss recovery insurance has become increasingly popular as both brokers and their clients become increasingly aware that a significant event, such as a fire or flood, is potentially catastrophic for a business, as the speed with which one can restart one’s business is equally as important as the payout for the loss itself. Should the worst happen, specialist claims support is available to get a business back up and running as quickly as possible.”
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