Welcome to Downstream News, a special annual review edition!  

I am delighted to be sending my first Downstream News having been passed the CEO baton by Andy after his 7 years at Flood Re. I am Interim CEO while the Board appoints a permanent successor.  We are immensely proud of what

Flood Re demonstrates resilience amidst record number of claims 

Flood Re, the joint initiative between the UK insurance industry and the UK Government that exists to promote the availability and affordability of flood insurance, has reported strong financial and operational performance for the year ending 31 March 2024. Storms Babet, Ciaran

Flood Re announces Andy Bord to stand down as CEO

Flood Re has announced that Andy Bord, its Chief Executive Officer, plans to step down at its AGM in July 2024. Mr Bord has led Flood Re over seven transformative years, delivering on its mission to make home insurance affordable and available

Changes to the Flood Re Scheme announced  to ensure the continued sustainability and success of the Scheme

Flood Re, the joint initiative between the UK Government and insurance industry, today published changes to key scheme parameters aimed at ensuring the continued availability and affordability of flood insurance. These adjustments, agreed by the DEFRA Minister of State Robbie Moore MP, align