This year, Flood Re processed more claims and paid out more than in the first three years of operation combined. In 2019/20, Flood Re incurred claims at a gross cost of £160m – ten times higher than the previous year. After three

Flood Re helps Yorkshire residents access more affordable home insurance

In light of the recent flooding across Yorkshire, Flood Re, the not-for-profit, joint initiative between government and the insurance industry, is today launching a local campaign. The campaign seeks to raise awareness that – thanks to the Scheme – those living in

Flood Re reveals numbers of households in Birmingham benefitting from cheaper home insurance

Flood Re, the not-for-profit, joint initiative created by the Government and the insurance industry, has today released data for the first time on the number of homeowners benefitting from the Scheme in flood-prone areas across the UK. The Flood Re Scheme helps

Flood Re welcomes additional Government funding for flood defences

Flood Re welcomes the Government’s announcement that over £62 million in funding will be awarded to 13 projects to improve flood defences across Yorkshire, Cumbria, the North East and the South East of England. These projects should provide protection for more than

Flood Re welcomes Government funding for resilience projects

Flood Re welcomes the Government’s announcement that £2.9 million in funding has been awarded to three flood resilience projects across Yorkshire, Devon and Cornwall, and Central England. The three projects will receive up to £700,000 to boost research into, and uptake of,

Flood Re plans to make Britain more resilient to flooding

Flood Re has today announced proposals outlining how to encourage more properties across the UK to be made resilient to flooding. Flood Re was established to promote the availability and affordability of household insurance for eligible homes and, over its lifetime, enable