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  • UK: Deep dive into flood resilience: "Even little steps will help"
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UK: Deep dive into flood resilience: "Even little steps will help"

Source(s):  Insurance Business Online, Key Media

By Terry Gangcuangco

[...]

In an interview with Environment Agency director of flood risk strategy and national adaptation Julie Foley, Insurance Business took a deep dive into how the agency is looking to hammer home the message of resilience as well as how the insurance industry will contribute in making the nationwide plan a reality.

[...]

“By proactively promoting and enabling property repairs that are resilient to future flooding and coastal change – this promotes the concept of build back better and in better places,” the EA director told Insurance Business.

[...]

She said insurers could also take it further by incentivising customers at risk of flooding and coastal change to take this kind of action before being hit by flood incidents – much like the way home insurance policyholders who have strong locks on windows and doors are rewarded.

[...]

Flood Re's contribution

Through the government reinsurance scheme Flood Re, so far around 200,000 households in high flood risk areas have accessed affordable home coverage.

[...]



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  • Publication date 03 Jul 2019

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