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UK Insurance Trends

Yorkshire Residents Can Join Flood Warning Scheme

19 March 2023 alastair walker 0

The latest from the Environment Agency; The Environment Agency has launched a new flood warning service this week for eight areas across Yorkshire – which will warn residents of any imminent risk of flooding. The […]

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Global insurance trends

Swiss Re Working With NYC on Flood Relief Funding

7 March 2023 alastair walker 0

Some news from the US market; The Center for NYC Neighborhoods (CNYCN), in partnership with the Mayor’s Office of Climate & Environmental Justice (MOCEJ), the Environmental Defense Fund, and SBP, has launched a new pilot […]

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News

Flood Risk; Is Home Resilience on The Radar?

1 March 2023 alastair walker 0

More than a third (37%) of UK adults believe their homes are at risk of flooding yet two-thirds (67%) haven’t put any flood resilience measures in place, research from Aviva’s second Building Future Communities Report […]

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Global insurance trends

reThought Raises $10.5m in Series B Round

30 January 2023 alastair walker 0

reThought Insurance, the technology-centric underwriting agency focused on US commercial flood risks, has raised $10.5 million in a Series B funding round. The capital expansion, which closely follows a successful $15.5 million round last summer, […]

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News

AXA Signs Up To Build Back Better Flood Scheme

27 January 2023 alastair walker 0

AXA UK announced recently they have signed-up to Flood Re’s Build Back Better scheme. This means they will be able to offer relevant customers access to reimbursement costs of up to £10,000, over and above […]

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Global insurance trends

Low Take-Up on Flood Cover Minimises Losses in California

25 January 2023 alastair walker 0

Moody’s RMS®, the leading global catastrophe risk modeling and solutions company, estimates total U.S. economic losses from the recent California flooding at US$5-7 billion. This estimate reflects inland flood impacts for the U.S. and includes damage […]

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News

Useful Flood Advice: Prep Kit, Protect Lives & How To Claim

14 January 2023 alastair walker 0

With the latest claims from NFU Mutual showing that the average cost of flood damage in 2022 was £20,000, the leading rural insurer is issuing advice to those hit by flooding. The advice comes as […]

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Insurance Regulation

Flood Risk: Defra Wants New Thinking on SUDS Rules

11 January 2023 alastair walker 0

Defra has set out new regs on housebuilding which will require developers to make fewer connections to mains sewers and drainage systems. In theory this should lead to reducing the localised flood risk during times […]

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