Plugging the flood risks

April 24, 2015

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Many properties are at a raised risk of flooding due to subsidence.
Climate scientists have been warning about rising sea levels for a number of years. Decades of extracting ground water, oil and gas has been shown to cause subsidence, while there are also entire cities with subsidence because they have been built on soft ground that is slowly compacting.

FLOOD

This will have obvious impacts on commercial property and household insurers. How do you manage or mitigate your flood risks?

What impact is there on motor insurers? Should they also consider collaborating on Flood RE?

Further information can be found here.

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