Insurance industry invited to prepare for Flood Re Mary Dhonau interviews Aidan Kerr Operations Director at Flood Re. Find out more about the scheme and how it will help thousands of home owners at risk of flooding in the UK https://www.youtube.com/watch?v=7MnMnwraMEw Flood Re, the UK Government’s scheme to pool flood risk, has invited insurers, brokers […]
In February Lord Krebs of the Committee on Climate Change Adaptation wrote to Brendan McCafferty, CEO of Flood Re in letter entitled: ‘Designing Flood Re to encourage flood risk reduction’. The letter raised serious concerns about Flood Re – its value for money and lack of incentives to take preventive measures on flooding. To read […]
Bernadette Ballantyne, Infrastructure Intelligence: This summer the Flood Reinsurance Scheme (Flood Re) will become operational, offering affordable insurance cover to properties at a high risk of flooding.The Association of British Insurers, which is implementing the scheme, estimates that without it 300,000 to 500,000 homes would struggle to get insurance in the face of rising flood […]