Willis has said it is to offer Loss Recovery Insurance from underwriting agency...
Willis has said it is to offer Loss Recovery Insurance from LOREGA to clients of the commercial network operation.
Lorega will provide its Loss Recovery Insurance cover and access to its UK network of independent Chartered Loss Adjusters as a standard element of the Willis service to SME clients.
The Lorega adjuster will prepare and negotiate Willis Commercial Network customers' claims.
The Loss Recovery Insurance product will cover the costs associated with the Adjuster and Lorega said it will guarantee its Adjusters respond within 24hrs of a claim being reported.
Bruce Struthers, operations director Willis UK & Ireland Commercial said: “The Commercial Division looks after clients in the SME sector, and we know that whilst their claims can be complex, often smaller companies do not have the resources to pay for the valuable on-site claims consultancy service we offer to our larger clients.
“Loss Recovery Insurance gives these smaller businesses the opportunity to enjoy the enhanced claims service when they need it most, without the additional costs associated in appointing consultants after a loss.”
Frazer Dewey, sales director of LOREGA said: "Our Loss Recovery Insurance cover and chartered loss adjuster network enable brokers to offer a responsive nationwide service that will not only enhance their client relationships but also control claims management related costs.
“More and more brokers are recognising the direct value of a pro-active approach to claims.”
