Lorega has set a target of doubling its regional sales force by the end of the year and boosted its broker development arm.
The loss recovery specialist has said it aims to increase its regional sales team from four to eight.
Camilla Cookson, who already works within the executive team at Lorega, has been appointed as a business development manager focusing on the London and high net worth markets. Cookson is an experienced London market broker who helped set up and lead the London Branch of a regional professional indemnity broker TLO Insurance.
And Emily Pass has been appointed Lorega’s business development manager for the northern region. She joins from compliance and business solutions company, UKGI, where she has been a business development manager for the last two years.
Lorega Chairman Malcolm Harvey said:: “We have seen a fantastic increase in the penetration of our Loss Recovery Insurance (LRI) product among UK insurance brokers this year, but there are still many who are not making this valuable service available to their clients. By doubling our broker support team we intend to work closely with regional brokers to help them to benefit from both the additional commission and reduced time spent dealing with claims that can be achieved simply by adding LRI at the point of sale.”
Lorega struck a deal in May with internet trading solution Broker2Broker to enable smaller brokers to quickly bind business online, supplementing existing delegated authority agency facilities offered by Lorega. The new service is aimed at brokers who may place loss recovery insurance infrequently.
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