Managing insurance claims

With 35 years’ experience, we are the UK’s leading claims experts, acting independently of insurance companies to help policyholders with their insurance claim.

Lorega delivers its service through Loss Recovery Insurance, an insurance policy which provides and pays for the cost of an expert loss adjuster to help policyholders prepare, negotiate and settle their claims.

 

WHAT IS A LOREGA LOSS ADJUSTER?

A Lorega Loss Adjuster is a claims expert who will handle the claim from notification to final settlement. Our team of claims experts are all qualified Chartered Loss Adjusters and have a wealth of experience in the insurance market.

 

WHO DOES THE LOREGA LOSS ADJUSTER WORK FOR?

Through Loss Recovery Insurance, policyholders are provided with a Lorega Loss Adjuster, a claims expert working on their behalf, removing the hassle of them having to quantify and negotiate their claim. This allows businesses or homeowners to concentrate on running their business or home, while the Lorega Adjuster takes over the management of the claim and helps them to recover from their loss.

 

WHAT EXACTLY WILL THE LOREGA LOSS ADJUSTER DO?

 

FOR COMMERCIAL POLICYHOLDERS, THE DEDICATED CHARTERED LOSS ADJUSTER WILL ASSIST WITH THE RESOLUTION OF A CLAIM BY:

 

  • Providing loss mitigation advice and assistance to minimise the loss in both the short and long term to ensure a swift return to full operational capability
  • Identifying the damage a business has suffered, both physical and financial, and the effect on the operation
  • Preparing the claim and submitting it to the insurance company with the policyholder’s agreement, and negotiating the fairest settlement possible
  • Working to minimise financial exposure and the effects on cash flow by requesting a speedy and regular provision of interim payments by insurers

FOR HOMEOWNERS, THE DEDICATED CHARTERED LOSS ADJUSTER WILL ASSIST WITH THE RESOLUTION OF A CLAIM BY:

 

  • Explaining how the claims process works
  • Identifying the damage the property has suffered, and guiding through the repair or replacement of what’s been damaged or lost
  • Assisting with identifying suitable contractors and suppliers for the repair or restoration of the damaged property, including those working in specialised areas like fire, flood and water damage restoration
  • Advising on alternative accommodation, if needed, under the conditions of the policy
  • Compiling the claim and submitting it to the insurance company, and negotiating a fair settlement

 

Once the Loss Recovery Insurance premium is paid, all of these benefits are included as part of the Loss Recovery policy, so the assistance from the Chartered Loss Adjuster will not cost customers anything else!

 

If a building has suffered serious damage, Lorega Surveying Services will introduce chartered surveyors who are experienced in fire and water damage reinstatement. They can obtain tenders and supervise the reinstatement work, the cost of which should be covered by the insurance policy.

Loss Recovery Insurance is a complementary coverage purchased alongside a main insurance policy. In the unfortunate event of a loss, we will be notified of a claim by the insurance broker, and we will initiate the process as soon as possible by appointing a Lorega Loss Adjuster on the same business day that the claim has been reported. They will contact the policyholder and arrange a visit as soon as it is convenient. The video below explains what will happen during this visit and what the claim expert will do to support them.

Where businesses or homeowners need support on a claim, but do not have a Loss Recovery Insurance policy but need support on a claim, they can still benefit from the service of our Chartered Loss Adjusters on a consulting rate basis, after the event.

More information about Loss Recovery Insurance and Lorega Expert (after the event consulting service) is available in the following brochures.