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Flood Re join the WSBF

Flood Re join the WSBF

3rd August 2020

We are excited to annouce that Flood Re has joined the Westminster Sustainable Business Fourm in August.  Flood Re is a joint initiative between Government and the insurance industry that covers the flood risk element of a home insurance policy in order to keep premiums affordable for residents in vulnerable communities. 

Changes to Flood Re have been publicised recently as part of the Government's long-term plan to tackle the risks from flooding.  These changes include discounted premiums to households that have fitted property flood resilience measures and permitting the payment of claims to include an additional amount to ‘build back better’ following a flood.  We advocated for these these changes within our forthcoming inquiry, Bricks and Water 2.

Having worked with executives from Flood Re in the evidence gathering stage of Bricks and Water 2, we welcome the expertise that they will bring to the Forum on a permanent basis.