F&I Management & Training

BIBA has appointed the DAS UK Group as scheme provider for its loss recovery scheme.

With effect from May 2013, BIBA members will now be offered DAS Loss Assist.

DAS Loss Assist Business covers the immediate appointment, 24/7 of a loss adjuster and other professionals including access to chartered accountants, surveyors or other claims professionals where required, in the event of a large commercial loss.

Andy Tomkins, DAS UK Group commented: "BIBA has a reputation for providing the highest quality insurance schemes, and we are extremely pleased that DAS has been chosen as the new provider with Loss Assist for its loss recovery scheme"

Mike Hallam, BIBA's Manager, Technical Services said "Loss recovery insurance has become increasingly popular as both brokers and their clients become increasingly aware that a significant event, such as a fire or flood, is potentially catastrophic for a business as the speed with which one can restart one's business is equally as important as the pay-out for the loss itself. Should the worst happen, specialist claims support is available to get a business back up and running as quickly as possible."

BIBA would like to thank the previous scheme provider, Lorega, for their on-going and long term future support and to wish them well as they continue to offer their suite of Loss Recovery Insurance products to the market.

DATED: 15.05.13

FEED: HA