Category: Brokerage Management
Published: 03 February 2016
Flood damage now costs UK insurers £1.1 billion each year, and around one in six properties in England are at risk from flooding.
In December, Storm Desmond battered north-west England, Northern Ireland, north Wales and southern Scotland, with record-breaking amounts of rain falling in Cumbria where a major incident was declared. Thousands of people were evacuated as homes and businesses were left without power as flood waters rose. A growing number of the British public believe that climate change is to blame for these flood events.
This article provides advice to brokers on how to mitigate clients' flood risks.
• Defence vs damages.
• Flooding year-round risk.
• Preparing for a flood.
• In the event of a flood.
• Environment Agency’s key recommendations on how to deal with flooding.
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