Due to the detrimental impact of flooding on socially vulnerable and ethnic minority communities, the insurance industry ‘must support the roll out of Build Back Better’
Socially vulnerable communities and ethnic minorities are disproportionately suffering from the impacts of flooding because they are less able to cope and take longer to bounce back from the economic shock of flood risks - greater understanding around this trend ”will be really important to where investment is allocated in the future for flood defences”, said Andy Bord, chief executive of Flood Re.
Read more…
We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.
Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:
Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.