Flood Re
Biba 2016: Biba ‘on track’ to develop flood insurance scheme for SMEs
A scheme to provide flood cover for most businesses should be launched by autumn this year, the British Insurance Brokers’ Association CEO Steve White announced today (11 May).
Home premiums rise but car rates stall, according to AA Q1 index
The AA’s British Insurance Premium Index for the first quarter of 2016 has shown a slight increase in rates for home insurance, with car premiums flat.
Storms: Tackling increasingly severe events
With rising temperatures and an increase in ever more costly incidents, how is the insurance industry coping with the hail of bad news?
Flood Re likely to be copied by other nations, ABI's Evans predicts
Flood Re is likely to be copied entirely or in part by other countries, according to Association of British Insurers director general Huw Evans.
Quiz of the week - 8 April
Test your knowledge of the week's insurance news with the Post insurance quiz of the week.
Cherish in talks to provide Welsh-translated Axa policy to broker Tarian
Essex-based wholesale broker Cherish Insurance Brokers is in discussions to translate its Axa policy into Welsh for bilingual high street broker Tarian, Post can reveal.
Biba urges cooperation to allow brokers to cede to Flood Re
The British Insurance Brokers' Association is urging insurers and software houses to cooperate to allow brokers to cede customers to Flood Re amid concerns its members are currently at a disadvantage to insurers' direct channels.
Axa steers customers to Flood Re-backed policies as scheme launches
Axa Insurance will contact its direct customers who would benefit from a Flood Re-backed policy to encourage them to cancel their existing policy for one backed by the new scheme.
Blog: How well did the industry really handle commercial customers during the winter floods?
With Flood Re finally launching today (4 April) after securing regulatory approval - in blockbuster movie style with moments to spare - attention will once again turn to the commercial policyholders who are, for now, excluded.
South East, Yorkshire and Humber named among Flood Re hotspots
Flood Re expects policyholders in the South East of England, East England, North West England, Yorkshire and Humber, and London to be the biggest beneficiaries of the scheme that went live today (4 April).
Flood Re updates, Legacy sell offs, fraudsters, lobbying and solicitors' PI
The best of Post the last week in case you missed it
Flood Re reveals Aviva, Direct Line and Lloyds Bank among launch insurers
Flood Re has revealed that more than half of the UK household insurance market by premium will be offering products backed by the provider when it formally launches next week
Flood Re gets PRA and FCA authorisation
Regulators have confirmed Flood Re will be authorised from tomorrow ahead of the scheme’s 4 April start date.
Penny Black's Social World - 24 March 2016
All the latest news from the world of social media
Budget 2016: Latest IPT rise could ‘interfere’ with Flood Re’s primary objectives
Commentators warn it is paramount that people are not dissuaded from taking out policies
Two 'manageable' issues holding up Flood Re PRA authorisation three weeks from launch, CEO McCafferty admits
Flood Re still has two obstacles to overcome before it is granted authorisation by the Prudential Regulation Authority - despite only being three weeks away from its proposed launch date (4 April).
Legal Update: A sea of trouble for conveyancing
Flood Re is widely welcomed, but it also poses risks for those working in the property field and insurers may see a rise in claims
SME flood scheme to prove 'challenging' to implement despite government talks
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”.
C-Suite - Insurer: Supporting flooded businesses
Is a commercial version of the domestic Flood Re needed to provide a long-term solution for SMEs?
Quiz of the week – 12 February
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Winter storm learnings key for Flood Re's future
Learning from the December 2015 floods and longer term data trends will be key to making Flood Re a success, according to its CEO Brendan McCafferty.
Flood Re unveils first transition plan
Flood Re has today (10 February) produced its first transition plan, setting out the expected course of the scheme's main parameters over the next five years.
The Post Power List 2016
In a year where regulation, natural disasters, consolidation and cyber/digital again look set to make waves, and when the country could learn if it’s in or out of the European Union, Post had a mind mapping session – with a bottle of wine – to see who…