SME flood scheme to prove 'challenging' to implement despite government talks

A partially flooded street

Efforts to establish an affordable flood insurance solution for small businesses are ongoing at industry and government level, despite concerns that creating a Flood Re type scheme for SMEs will be “fundamentally challenging”.

As at-risk residential properties await the April start of Flood Re, which officially launched its first transition plan last week, the verdict remains out on a similar scheme for SMEs.

A government

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