Today the think tank Bright Blue released analysis entitled High and dry: Preventing tomorrow’s ‘flood ghettos’.
Commenting on the analysis Mark Shepherd, Assistant Director, Head of General Insurance, said:
“There are lots of sensible suggestions in the report, but extending Flood Re to properties built after 2009 is the wrong answer and would mean all homeowners paying the cost for poor development and building on unprotected flood plains. We must have a zero tolerance approach to inappropriate development in flood risk areas and bring forward stronger measures to prevent this from happening, not measures that further incentivise it.”