Products: Lorega and Axa both launch products aimed at the small business market
Lorega has launched two new loss recovery insurance products for UK SMEs. Lorega 10 and Lorega 10* have been created for commercial clients with underlying insurance premiums of less than £2,500.
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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