Flood Re
McCafferty ‘outstanding candidate' for Flood Re role, claims Woolgrove
Interim Flood Re chief executive Tom Woolgrove says newly appointed permanent CEO Brendan McCafferty has a unique set of skills to get the scheme across the line.
Paymentshield's McCafferty appointed Flood Re boss
Paymentshield commercial director Brendan McCafferty has been appointed Flood Re chief executive and will take up the role in Q4 2014.
Interview: David Smith: In safe hands
Time will tell whether David Smith’s spell as Zurich’s interim UK general insurance CEO becomes permanent but, at a firm where stability is a watchword, Smith explains how his strategy will ensure the division stays on course for growth
Permanent Flood Re CEO to be named this week
Flood Re Limited will this week unveil a permanent chief executive ahead of the release of a consultation addressing the final scope of the scheme.
Flood Re excluded parties given hope as government and industry bodies meet
Defra conducting research into issues faced by SMEs and leasehold properties
Flooding: The future of flooding
As the Statement of Principles nears expiry and with the imminent introduction of Flood Re, what does the future hold for flood cover?
Biba research spurs Defra Flood Re roundtable
Research from the British Insurance Brokers' Association has highlighted concerns that buying and placing flood cover will become increasingly difficult once Flood Re comes into force.
Disaster Risk and Response Forum News - 12 June 2014
All the news from Post’s 2014 Disaster Risk and Response Forum
News Editor's Comment: A necessary evil
“Trussed up and roasted like a chicken” was how one veteran City commentator described the end of Stephen Hester’s tenure as chief executive of Royal Bank of Scotland this time last year.
DLG hands Holliday-Williams £546k share award as Woolgrove departs
Direct Line Group welcomed new personal lines managing director Mike Holliday-Williams with an offer of £546k in shares, after Tom Woolgrove left the firm last week.
Editor's comment: Is the Flood Re tide turning?
News the Flood Re scheme has flowed further down the river towards implementation next year has failed to dampen hopes among vociferous industry and political figures that excluded groups will be provided for.
Flood Re CEO Woolgrove to address Post's Disaster: Risk & Response event
The acting Flood Re CEO Tom Woolgrove has been added to the impressive speaker roster for the upcoming Post event, Disaster: Risk and Response.
Water Bill handed Royal Assent
The Water Bill has completed the final stage in passing into law, bringing with it the official introduction of the Flood Re scheme.
Homeowners urged to speak out against Flood Re exclusions
The British Property Federation is calling on flood-prone residents to speak out amid fears the introduction of the Flood Re scheme next year will leave millions without access to affordable flood cover.
C Suite - Broker: Universality challenge
The basic principle that underpins insurance is that of pooling of risk.
ABI won’t fight for further Flood Re inclusions despite band H U-turn
Sources say association’s public backing is result of pressure from Westminster.
C-Suite - Insurer: Why flood investment is needed
Flooding in the UK has highlighted the importance of a swift response to customers in need.
High-net-worth firms get behind ABI’s band H stance
The Association of British Insurers' support for including band H properties in Flood Re has been welcomed by high-net-worth firms.
ABI joins calls for Flood Re U-turn on band H homes
The Association of British Insurers is writing to Environment Secretary Owen Paterson in a bid to facilitate the inclusion of council tax band H properties within Flood Re.
Woolgrove signals intention to stay in insurance
Outgoing Direct Line Group personal lines managing director Tom Woolgrove has told Post he plans to stay in the insurance industry after his tenure as interim Flood Re chief executive.
Climate change outlook sparks calls for increased government flood spend
A report predicting a dramatic increase in European flood risk exposure due to climate change has prompted calls for the UK government to up its spending on flood defences.
Masojada urges Lords to support Flood Re amendment
Hiscox chief executive officer Bronek Masojada has written to all members of the House of Lords urging them to support an amendment to the Flood Re scheme.
Osborne pledges £140m for flood defences
Chancellor George Osborne has promised £140m of funding towards flood defences following the storms and floods which wracked the UK over winter.
Fitch predicts pressure on Flood Re due to public funds uncertainty
Uncertainty around UK government spending on flood defences could lead to Flood Re facing higher-than-expected claims in the future, according to Fitch Ratings.
