Premium cuts unlikely as flood resilience certificate gains CILA backing
Plans to create a certificate that would allow homeowners to prove their property had undergone adaptations to improve its flood resilience has gained loss adjusting support, however, industry experts are doubtful the concept will trigger rate reductions.
The Chartered Insurance Institute's New Generation Claims Group will this month publish a report calling for the creation of an agreed standard, which would operate in a similar way to the energy
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