Products: Lorega and Axa both launch products aimed at the small business market

UK money

Lorega said the new products were more affordable than its original loss recovery insurance policy, with Lorega 10 offering a fixed 10 hours of advice, available to clients negotiating with insurers for claims in excess of £5,000.

Lorega 10* gives policyholders the option to exchange some of their 10 hours of telephone allowance for an on-site visit, if a loss is expected to exceed £25,000.

Neill Johnstone, managing director, said: “The launch of Lorega 10 and Lorega 10* is an exciting

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