Boardroom Forum - Partnerships with Government to Manage Risk and Improve Resilience

With the Spending Review on 11 June, this event will be an opportunity to discuss and analyse the government’s latest spending commitments on flood defence and resilience, and get the reaction from industry experts from the ABI, Keoghs, Flood Re and Allianz on what this means for our sector.

Our Boardroom Forum is a union of our NEDs & Chairs Network and Executives’ Club breakfast delegates, creating one network for Execs, C-Suite members, NEDs and Chairs from ABI Member and Associate Member companies. 

Flooding and responding to a changing climate is a key issue for insurers as extreme weather events become more frequent and severe. Over the last year the industry has seen record claims for weather related events and flooding across the UK. Our partner, Keoghs, has been actively engaged with government discussions to address flood risk and the evolving role of insurers in managing these challenges.

With the Comprehensive Spending Review in June, ambitious planning reforms proposed in the Planning and Infrastructure Bill, a government led taskforce on Flood Resilience and the Bonfield Review into property flood resilience, now is a critical time to look at the role of our sector and how we can work across industry and government to support customers, look at new models and adapt to a changing climate. A key part of the government’s growth mission is to deliver 1.5million new homes over the course of the Parliament but its essential that these homes are built for the future, not in high flood risk areas, particularly with the world leading Flood Re scheme due to end in 2039 and the market transition back to risk reflective pricing.

This event will provide a valuable insight into how the sector is working with government and responding the challenges of increased flood risk, equipping industry professionals with the knowledge needed to navigate these emerging challenges and risks. Join as we delve into these crucial discussions and explore proactive solutions and ways of working across the industry in a rapidly changing policy landscape.