Flood insurance review 2020: Blanc review
An independent review following reports that many of those affected by the November 2019 flooding did not have insurance cover.
The independent review into flood insurance announced following the November 2019 flooding in the north of England will be led by the former chair of the Association of British Insurers, Amanda Blanc.
The review was announced by the former Environment Secretary in December and will seek to examine the level of insurance cover held by those affected in Doncaster, the barriers they may have faced in obtaining cover and whether there are any systemic issues in the provision of flood insurance.
Data will be collected through speaking to residents and businesses in the Doncaster area where over 760 properties were reported as having flooded. The River Don recorded its highest ever peak flows at Rotherham and Doncaster on 8 November 2019, with South Yorkshire experiencing its wettest November on record seeing over two and a half times its average rainfall.
The review is set to be completed by the end of September 2020 and the Terms of Reference can be accessed here.
Over 20 million households in the UK have buildings insurance that covers flood risk and the launch of the government and industry initiative Flood Re in 2016 has seen four out of five households with a previous flood claim getting price reductions of more than 50% for their flood insurance.
Terms of reference for the flood insurance review. The review will look at evidence relating to insurance cover for those affected in Doncaster following the November 2019 floods. It will consider barriers they may have faced in obtaining insurance and whether there are any systemic issues in the provision of flood insurance. Where necessary, it will consider actions relevant for future flood events.
We expect the review to complete by the end of September 2020 and report shortly after.
The review is to be led by the former chair of the Association of British Insurers and former Chair of the Insurance Fraud Bureau, Amanda Blanc. Amanda has commercial experience and a background in general insurance and retail. Amanda also understands the role of Flood Re.
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