ASC recommends improvements to Flood Re scheme

The ASC has also been busy advising the incoming Chief Executive of Flood Re on improvements to the proposed insurance scheme. Flood Re aims to offer affordable insurance for existing homes at risk of flooding, but the proposed strategy remains the subject of criticism, some of it from the ASC. A letter from the ASC’s Chair, Lord Krebs, reiterates five recommendations which were put to the Secretary of State for Environment, Food and Rural Affairs in 2013. These include encouraging flood risk reduction actions and better targeting of Flood Re at the most vulnerable households.