What is Loss Recovery Insurance?
When disaster strikes, dealing with the fall-out can be overwhelming. Your number one priority will be to recover from the event as quickly as possible whilst continuing to manage any viable remaining business areas. You will want to ensure your customers know you have a robust plan in place, to ensure that your competitors don’t have the opportunity to move in.
You may need to move premises quickly or need new equipment to be able to continue to operate. Whatever you need, having a dedicated loss adjuster on hand to help you navigate through this difficult time could prove invaluable. Someone to help keep your claim on track in a timely manner and negotiate the best outcome for you and your business will help ease the burden.
Disaster recovery is all about business survival. The focus of loss recovery insurance is on loss mitigation and business recovery, to ensure long term growth and stability for your business.
At Barnes Commercial, we believe that all businesses should have access to expert help and advice when they need it.
This is why we have partnered with Lorega who provide an award-winning loss recovery service for claims of £5,000 or more.
Lorega, ranked No 1 in the Insurance Times Broker Service Survey for service quality three years running, offers Loss Recovery Insurance, which we would recommend as an invaluable additional cover for you to consider.
Available to clients that hold a commercial combined policy with us, it provides complete peace of mind should the worst happen.
Case studies
To learn more about how loss recovery can help you to get back on track, please take a look at some case studies that demonstrate this valuable additional insurance.
Dental Practice Insurance Fire & Business Interruption
Torrential rain floods Education Centre
Loss Recovery Policy features include
- 24/7 out of hours contact
- UK wide service
- Dedicated professional loss adjuster
- Available to all businesses
- No upper limit
Benefits include
- Fast response times at time of crisis
- Peace of mind
- Professional claims formulation and negotiation
- Time saved dealing with claims
- Business survival
- Minimises disruption
- Avoids ‘after event’ fees
Even if you don’t have Loss Recovery Insurance, assistance is still available. An After the Event Claims Service can be organised to help you settle your insurance claim following a crisis.
