Flood Re marks first birthday

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Research from Consumer Intelligence showed that prior to launch only 9% of householders who had made prior flood claims could get quotes from two or more insurers, with 0% being able to get quotes from five or more. By December last year, 84% could get quotes from five or more insurers while 95% could get quotes from two or more. Mark Hoban, chairman of Flood Re, said: “Flood Re has changed the insurance market so that tens of thousands of households that have been flooded can access more a